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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyThe budget primary balance recorded a deficit of 1.51 billion euros in the first four months of 2020, compared to a surplus of 1.46 billion noted in April 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for April showed on Friday.
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 774 million euros in the first three months of the year, down by 1.20 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.04 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomyThe budget primary balance recorded a surplus of 494 million euros in the first three months of 2020, compared to a surplus of 1.44 billion in March 2019, the final Finance Ministry (MoF) budget execution bulletin showed on Monday.
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Travel balance more than double in Feb as arrivals increase by 24.6 pct
EconomyMacroeconomyGreece’s travel balance rose to 73.7 million euros in February from 33.4 million a year ago, Bank of Greece (BoG) data has shown.
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Primary cash balance deficit at 326 mln in March
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 326 billion euros in the first three months of the year according to figures released by the Bank of Greece (BoG).
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Budget primary surplus at 595 mln in March
EconomyMacroeconomyThe budget primary balance recorded a surplus of 595 million euros in the first three months of 2020, compared to a surplus of 1.44 billion noted in March 2019, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Wednesday.
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeaturesThe research arm of the Association of Greek Tourism Enterprises (INSETE) has conducted a study to estimate the impact of the coronavirus on the country’s vital tourism industry.
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Budget primary surplus confirmed at 831 mln in Feb
EconomyMacroeconomyThe budget primary balance recorded a surplus of 831 million euros in the first two months of 2020, compared to a surplus of 822 million noted in February 2019, the Finance Ministry (MoF) budget execution bulletin confirmed on Thursday.
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Greek hotel industry reports COVID-19 related losses of half a billion to date
EconomyFeaturesThe Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic.