Greek budget
Economy
Opposition MP Says Greek Economy Has Returned to Primary Deficits and Recession
Greece’s public finances destabilized in the first half of 2015, main opposition MP Christos Staikouras said on Thursday, commenting on the budget execution in the first six months of the year.
Staikouras, who comments on economic issues for New Democracy,...
Economy
Greek Budget Primary Surplus Up in January-May
The Greek budget showed a primary surplus of 1.506 billion euros in the January-May period this year, from a surplus of 707 million euros in the corresponding period in 2014 and a budget target for a primary surplus of...
Economy
New Democracy Urges Greek Govt to Stop 'Disrupting' Implemented Reforms
Greek main opposition New Democracy urged the government to work “methodically, effectively and with a plan” to avoid disrupting the reforms that have been implemented “with great sacrifice” in the last two years.
New Democracy Economic Affairs Coordinator Christos Staikouras said...
Economy
Greek Budget Revenue up 15.2% in April
Greek net budget revenue surpassed target by 15.2%, or 500 million euros, in April offering a large breather to the country's Finance Ministry in managing its obligations.
A Ministry announcement on Wednesday attributed this positive development to a massive response...
Economy
Greek Budget Primary Surplus Increases to 1.732 Billion Euros in Q1 2015
Greek budget deficit widened slightly to 503 million euros in the January-March period this year, from 448 million euros in the corresponding period in 2014, but it was significantly lower compared to a budget target for a deficit of 2.11...
Economy
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 development to Greece 's state budget.
In statements, the head of the Union of Greek Regions...
Economy
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 Spiegel.
The country's former New Democracy-led government had set a target to achieve a primary surplus of...
Economy
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 surplus of 1.68 billion euros in the corresponding period last year. Moreover, the state budget...
Economy
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 pct of GDP, according to the government’s Economic Policy Program (EPP), a Greek finance ministry...
Economy
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” contacts, the two sides focused merely on fiscal and macroeconomic issues, amid concerns that Greece...