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Greece

Government Policy to Overshoot Primary Budget Surpluses

The Greek government expects to overshoot its budget surplus targets for a third consecutive year in 2018, a senior government official said on Monday, an outcome that could help ease the austerity burden imposed on a recession-weary population. In a...

Jan.-Sept. Greek Primary Budget Surplus at €4.5 billion, Slightly Below Target

Greece's primary budget surplus of 4.5 billion euros (£4 billion) in the first nine months of the year, is slightly below target due to lower tax revenues, finance ministry data showed on Monday. The government's target was for a primary...

FinMin Figures Show Primary Budget Surplus Climbed to €7.416 Billion for January-November

On Thursday the Finance Ministry released figures explaining the current standing with the primary budget surplus. According to their publishing, the first 11 months of 2016 saw a primary budget surplus climb to 7.416 billion euro. The climb of the...

Primary Budget Surplus High, But Security Funds Strapped for Cash

The primary budget surplus for the period January-November 2014 more than doubled from last year, however, social security funds are showing a significant deficit. According to figures released by the Ministry of Finance Thursday, the social security pension fund deficit...

Greece Sees Primary Budget Surplus for 2015

AP - Greece's government has submitted its 2015 budget to Parliament, predicting the economy will emerge from recession with growth of 2.9 percent next year. The budget submitted Friday projected Greece's primary surplus - state income without taking into account...

Greece Posts €2.3 Billion Primary Budget Surplus in Jan-July

On Thursday, Greece reported a primary budget surplus of 2.279 billion euros in the January-July period. In the corresponding period in 2013, primary surplus stood at 2.555 billion euros. The budget target for this year was a primary surplus of...

Greece Reports 711 mln Primary Budget Surplus

According to provisional data on the Greek national budget, the deficit on the first five months of 2014  is 1.985 million euros, compared to 3.843 million euros on the same period in 2013.  The figure surpassed the government's expectations, since the...

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...

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...

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...

Greece’s Budget Primary Surplus €605 Million Higher Than Same Period Last Year

Greece’s state budget primary surplus was €605 million ($702 million) higher during the first seven months of 2018 compared to the same period last year, the State Budget Office of the Hellenic Parliament announced in a report. The report also...

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...

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...

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...

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...