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Budget primary shows deficit of 7.01 bln in September

Mon, 26 Oct 2020 11:18:00 GMT

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... during the first nine months of the year. Personal income tax (PIT) was below target by 763 million

Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

Wed, 24 Mar 2021 15:25:00 GMT

Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln

Fri, 06 Nov 2020 11:23:00 GMT

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... at a deficit of 7.01 billion euros. The budget primary balance for the same time last year came

Budget primary shows deficit of 7.01 bln as revenues suffer in September

Thu, 15 Oct 2020 10:19:00 GMT

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. The primary surplus was below its

Bulgaria's Covid-19 vaccination fiasco: excessive risks, mediocre results

Mon, 12 Apr 2021 05:04:00 GMT

for a price-sensitive member to allocate the maximum possible amount to the cheapest doses, but does... from Moderna and Pfizer/BioNTech. However, it requested almost the maximum of AstraZeneca. Bulgaria... Biotech and India’s Bharat Biotech. A question of price While the exact prices the different vaccine

S&P leaves Greece's 'BBB' rating unchanged, hints at slower pace of upgrades

Mon, 20 Oct 2025 06:39:00 GMT

deficits averaging 0.6 pct of GDP are projected for 2026–2028, reflecting consistent fiscal... 2026, supported by strong domestic demand and a surge in investment. Greece’s fiscal position... to average 6.6 pct of GDP over 2025–2026 and to decline gradually to 5.5 pct by 2027–2028. On the fiscal

Final 2026 budget foresees stable growth and strong tax performance

Thu, 20 Nov 2025 11:45:00 GMT

The Finance Ministry tabled in Parliament on Thursday the final budget for 2026, which sees growth... quarters before the conclusion of the RRF. Investments are seen growing by 10.2 percent in 2026..., from 9.1 percent this year. On the fiscal side, the primary balance in 2026 will be 2.8 percent

Government faces balancing act in 2026 as rivals gather for looming elections

Fri, 02 Jan 2026 08:35:00 GMT

Greece enters 2026 with a government facing a crowded agenda of fiscal manoeuvres, social unrest..., describing 2026 as a “year of opportunities” for Greece. He pointed to forecasts of 2.4 pct growth..., as well as 40 major projects, including rail and road infrastructure works, in 2026. Social unrest

Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong

Tue, 07 Oct 2025 08:22:00 GMT

The Greek Finance Ministry tabled in Parliament on Monday the draft budget for 2026, which sees... will moderate to 2.8 pct of GDP in 2026, from 3.6 pct of GDP this year. The surplus will slow to 7.29... in the summer of 2026. Consolidated interest expenses are broadly stable at 7.66 billion euros, at 2.9

OECD sees sustained growth of 2.2 pct in 2026, challenges persisting

Wed, 03 Dec 2025 09:03:00 GMT

pct this year, at 2.2 pct in 2026, and 1.8 pct in 2027 as strong investment gradually moderates... will increase from 2.1 pct of GDP in 2025 to 4 pct in 2026 before tapering off, tempering investment... of GDP in 2026 and 0.9 pct in 2027, largely reflecting personal income tax reforms across several groups