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Greek Finance Ministry, Regional Authorities Decide Against Transfer of Unused Funds to State Budget

A decisive meeting between Greek finance ministry's leadership and regional authority governors ended on Friday with regional authorities not transferring any unused funds for financing infrastructure...

Greece May Miss This Year’s Primary Surplus Goal

Greece’s creditors have expressed their concern regarding the country’s primary budget surplus goal, which may not be met this year, according to German magazine Der...

Greek Revenues Collapse in First Two Months of 2015

The Greek state budget primary surplus recorded a significant drop to just 503 billion euros in the first two months of 2015, compared to a...

Greek 2014 Primary Surplus Revised Lower

Greece ’s primary budget surplus was revised downwards to 0.3 pct of GDP in 2014, from a budget target for a surplus of 1.5...

Greece’s Fiscal Gap Seen as Major Problem by Visiting Technocrats

Technocrats representing the country’s creditors had the first in-depth talks with Greek government officials during the previous days in Athens. In these first “reconnaissance”...

Greece Misses Budget Revenue Target for Two First Months of 2015

Greece missed its budget revenue target during the first two months of 2015, complicating the talks with its international creditors over securing more bailout...
Yanis Varoufakis

Varoufakis: Greece Coming Out of a Memorandum-Imposed Isolation

The acceptance of Greece's request for a grace period until the end of April - pending the approval of a list of reforms that...

Greek Tax Revenue Misses Target

Greek tax revenue for the January-November 2014 period missed its target by 678 million euros, which is attributed to the significant reduction in income tax collection...

Greek Primary Surplus Rose to 3.566 Bln Euros in Jan-Nov

Greece's government on Tuesday announced a primary budget surplus of 3.566 billion euros in the January-November period, up from 2.778 billion in the same...

Greek Budget Deficit Sharply Down in Jan-Nov

Greece 's central government cash balance deficit shrank to 2.842 billion euros in the January-November period, from a deficit of 9.964 billion euros in...

Greece Reports 3.5-Bln-Euro Primary Surplus in Jan-Nov

Greece on Friday reported a primary budget surplus of 3.5 billion euros in the January-November period, from a primary surplus of 2.8 billion euros...

Greek Budget for 2015 Voted Amidst Protests

The 2015 budget was voted in Greek Parliament (by a vote of 155 in favor, 134 against, 1 present) at midnight amidst anti-austerity protests and scenarios that...

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