Greece
Economy
2019 Greek Budget Records Primary Surplus of Almost €5 Billion
The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget surplus target of 4.4 billion and a primary surplus of 91 million euros in the same period in 2018, the Finance Ministry said...
Economy
Greek Budget Foresees 2.8 Percent Growth in 2020
Greece's state budget for the financial year 2020 was presented to Parliament by Finance Minister Christos Staikouras on Thursday.
A growth rate of 2.8% and a primary surplus of 3.6% in 2020 are foreseen in the new budget, slightly exceeding...
Economy
EU Commission Set to Approve Greek Budget for 2020
The European Commission announced on Wednesday that it has adopted the fourth report for Greece under the Enhanced Surveillance framework.
This gives the green light to the December meeting of the Eurogroup to approve Greece's budget for the year 2020.
''The...
Economy
Proposed Greek Budget Foresees 2.8 Percent Growth for 2020
The Greek Finance Ministry presented a proposed 2020 budget in Parliament on Monday which foresees the Greek economy growing by two percent this year and 2.8 percent in 2020.
According to the report from the Hellenic Fiscal Council, which endorses...
Economy
Greek Budget Revenues Exceed Targets by €287 Million in August
A positive surprise for Greece's public finances came to light on Monday, as according to the latest official data, the country's revenues were €287 million higher than expected in August, despite recently-introduced tax cuts.
More specifically, between August 1 and 31,...
Economy
Greek Budget Primary Surplus Up by €1.105 Billion Over Last Year
The Greek state budget recorded a primary surplus of €6.435 billion ($7.315 billion) in the ten months between January and October 2018, exceeding a target of €4.749 billion ($5.397 billion). The new figures also show a surplus of €5.330...
Economy
EU Approves Greek Budget, No Pension Cuts, PM says
Greece's Prime Minister, Alexis Tsipras, announced on Saturday that the European Union’s executive approved Greece’s first post-bailout budget without the requirement of implementing legislated pension cuts.
Tsipras referred to the approval of the Greek budget as a "success," as he...
Economy
Greek Budget: Primary Surplus Higher Than Target for January – August Period
The Greek state budget showed a primary surplus of €3.157 billion ($3.718 billion) in the January-August period, down from a primary surplus of €3.544 billion ($4,174 billion) in the same period last year, but up from a budget target...
Economy
Greek Budget Shows Primary Surplus of 4.647 Billion Euros in November
The Greek state budget primary surplus amounted to 4.647 billion euros, in the January-November period this year, from a budget target for a surplus of 3.074 billion euros.
However; this is down from a primary surplus of 5.757 billion euros...
Economy
Greek Budget for 2018 Foresees Growth of 2.4%, Primary Surplus of 3.5%
Finance Minister Euclid Tsakalotos is submitting the draft budget for 2018; which foresees a growth rate of 2.4% and a primary surplus of 3.5% of GDP, to the Greek parliament on Monday.
According to reports by the semi-official Athens News Agency...
Greece
Greek Budget Shows Primary Surplus of 1.842 Billion Euros in January-May
The Greek state budget showed a primary surplus of 1.842 billion euros in the January-May period, up from a primary surplus of 1.456 billion in the same period last year and a budget target for a surplus of 1.050...
Economy
Greek Budget Records Primary Surplus of 4.392 Bln Euros in 2016
Greek state budget recorded a primary surplus of 4.392 billion euros in 2016, surpassing a primary surplus of 2.270 billion in 2015 and a budget target for surplus of 1.983 billion euros, the Finance ministry said on Tuesday.
Regular budget...
Economy
Greek Budget Shows 6.502 bln Euros Primary Surplus in January-October
The Greek state budget recorded a primary surplus of 6.502 billion euros in the January-October period, from a primary surplus of 4.532 billion in the corresponding period in 2015 and a budget target for a primary surplus of 3.572...
Economy
Greek Budget Revenues Surpass Targets for October by 21.37%
Greek budget revenues significantly surpassed targets in October by 835 million euros, or 21.37 percent, the General Secretariat for Public Revenue said on Thursday.
In a report, the General Secretariat said that in the 10-month period from January to October...
Economy
Central Banker Stournaras Blames Crisis on Greek Budget Policy and Implicates Varoufakis
Bank of Greece Governor Yannis Stournaras said on Tuesday that Greece must wait for a second review of economic progress before tapping into financial markets.There is a long wait before this can happen," he said, addressing Greek lawmakers. "It...