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  • 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    The Ministry of Finance (MoF) tabled the 2014 draft budget to the Greek parliament on Monday with headline figures confirming recent press reports. As was broadly expected, 2014 will be another year of ambitious budget consolidation with a further cut in primary expenditure by 2.77 billion year on year (yoy) and a revenue increase of 2.55 billion yoy.

  • General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    The Greek general government (gg) cash deficit to August fell by 60.7 percent to 3.87 billion with the gg cash primary surplus rising by 12.7 percent to 1.78 billion, according to the Ministry of Finance (MoF). State arrears to the private sector retreated 2.0 percent month on month (mom) and 25.8 percent (2.29 billion) since the beginning of the year.

Results 651 to 652 out of 652.