Greek budget
Economy
Greek Budget Primary Surplus Totals 1.33 bln Euros in Jan-April
Greek budget recorded a primary surplus of 1.33 billion euros on a cash basis in the January-April period this year, the Bank of Greece said on Wednesday.
The central bank, in a report, said that the state budget had recorded...
Education
Samaras Says Surplus Topped 1.5B Euros, 70% To Austerity Victims
Greek Prime Minister Antonis Samaras said the country's primary surplus - not counting interest on debt and a slew of other costs - has surpassed 1.5 billion euros ($2.03) billion, enough to stave off the need for additional aid...
Economy
Greek Budget Shows Primary Surplus of 2.778 Bln Euros Jan-Nov
The Greek budget recorded a primary surplus of 2.778 billion euros in the January-November period this year, surpassing an initial forecast for a surplus of 2.710 billion euros, including the return of profits from Greek bond holdings by European central...
Economy
Greece Set to Return to Growth Next Year, Draft Budget Predicts
Greece will have a budget surplus before interest costs in 2013, a year ahead of schedule, giving Prime Minister Antonis Samaras leverage to prod euro-area creditors for more help in lowering its debt burden.
The primary surplus will rise to...
Economy
Troika Doubts Primary Surplus Claim
Throwing cold water on Greece's expectations of having a primary surplus by the end of the year - not including interest, some military expenditures, social security, municipal budgets and the cost of running state enterprises, which otherwise would show...
Economy
Greek Economy to Contract By 3.8% in 2013
Greece's economy is expected to contract by more than expected in 2013, in its sixth year of recession, according to a draft budget the government will submit to parliament Monday, under the weight of the next round of painful...
Economy
Bundesbank President: ECB Will Not Fill Greek Budget Gaps
The European Central Bank will not fill potential financing gaps in Greece's budget, Governing Council member Jens Weidmann said on Wednesday.
Asked about whether Greece might need another bail-out, the president of Germany's Bundesbank told reporters after a meeting with...
Economy
German FinMin Insists on "No New Negotiations" With Greece
German Finance Minister Wolfgang Schaeuble said Tuesday there cannot be any new negotiations about the Greek budget consolidation and reform program agreed with the EU and the IMF.
"It is clear that all conditions from the program agreed only at...
Economy
Finance Ministry Targets €2.3B Primary Surplus
Primary surplus of 1.1% of GDP, around €2.3 billion, and significant reduction in budget deficit are the two main objectives of the 2012 budget.
This is determined by a ministerial order on the execution of the new budget plan, signed...
Economy
Huge Gap Of €6.9B In Jan-Nov Budget Execution
Greek State Budget has a huge gap of €6.886 billion in the January-November period, mainly due to the sharp decline of revenue, but also because of the major excess in expenditure.
According to the preliminary data available for the execution...