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Revenues
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EconomyMacroeconomy
Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros With Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October.
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EconomyMacroeconomy
Primary cash balance at deficit of 9.04 bln in October Greece’s central government primary cash balance recorded a deficit of 9.04 billion euros in the first ten months of the year according to figures released by the Bank of Greece (BoG).
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EconomyMacroeconomy
New tax debt at 3.90 bln to September, up by 695 mln month-on-month The month-on-month rise in Greece's new tax debt came to 695 million euros in September, data from the Independent Authority of Public Revenues (IAPR) has shown.
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EconomyMacroeconomy General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln Greece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary shows deficit of 7.01 bln in September The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF) budget execution bulletin for September confirmed on Monday.
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EconomyMacroeconomy Primary cash balance deficit at 7.12 bln in Sept Greece’s central government primary cash balance recorded a deficit of 7.12 billion euros in the first nine months of the year according to figures released by the Bank of Greece (BoG).
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EconomyMacroeconomy
Budget primary shows deficit of 7.01 bln as revenues suffer in September The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday.
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EconomyMacroeconomy
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF’s Annual Meetings.
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EconomyMacroeconomy
General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln Greece’s general government (gg) primary cash deficit came to 5.49 billion euros in the first eight months of the year compared to a surplus of 2.78 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year The Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek authorities see a substantial recovery next year that will offset most of the losses suffered in 2020 due to the pandemic.