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Greek budget

Greek Budget Shows 1.189 bln Euro Primary Surplus in Jan.

The Greek state budget recorded a surplus of 1.073 billion euros in January, the Finance ministry said. In a report, the ministry said that the primary surplus was 1.189 billion euros. Based on an amended cash basis, the state budget...

Greek Budget Revenue Surpassed Targets in 2015

The Greek government surpassed a medium-term program target for a primary deficit of 0.25% in 2015 and was very close to recording a primary surplus for the year, after revenue surpassed targets by approximately 2 billion euros in the last...

Creditors Reportedly Find 2-3 Billion Euro Gap in 2016 Greek Budget

The Greek parliament voted the 2016 Greek budget less than two weeks ago. However, this might not be the country's final budget with the new year less than two weeks away. Greek TV channel Mega reports that Greece's creditors foresee that the budget will...

Alt. FinMin Says Gov't to Submit Draft Bills on Black Money

The Greek government will submit in the coming days a draft bill for the voluntary declaration of black money, which is income illegally obtained or not declared for tax purposes. This is according to the Alternate Finance Minister Tryfon Alexiadis...

Greek 2016 Draft Budget Forsees GDP Contraction of 2.3 pct for this Year

The Greek Finance ministry tabled to Parliament the draft budget plan for 2016, on Monday, envisaging the government’s priorities for social justice and fiscal responsibility. The draft budget plan foresees that the general government will present a primary deficit of...

Greek State Misses January to August Budget Revenue Target by 11.9%

The Greek Finance Ministry announced that the revenues for the Greek state between January and August were 30.765 billion euros, which amounts to a 4.153 billion euro shortage in comparison to the Greek budget's initial target. As the finance ministry's report explains, 1.724...

Bank of Greece: Surplus in the Greek Budget from January – August 2015

The Greek state budget showed a primary surplus of 3.06 billion euros in the January through August period, from 2.3 billion in the same period last year, the Bank of Greece said on Monday. The central bank, in a report...

Greek Budget Revenue Exceeds August Target

Budget revenues surpassed targets by 1.6 pct in August, the Finance Ministry said on Monday.  In an announcement, the ministry said that budget revenues totaled 4.055 billion euros in August, up from a budget target of 3.991 billion euros. The...

Greek Budget Exceeds Surplus Target for First Half of 2015

Greece's State Budget Primary Balance amounted to a surplus of 3,712 million euros, against the primary surplus target of 2,988 million and the primary surplus of 2,279 million performed on the same period last year. State Budget net revenue amounted to 26,874 million euros,...

Greece's Budget Shows 13.4% Shortfall in January-July

Greece's budget showed a 1.022-billion-euro deficit in the January-July 2015 period, while state revenue dropped by 4.125 billion euros during the same period, according to the country's Finance Ministry figures. At the same time, the Greek government defaulted payments worth 4.4 billion...