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surplus

Tsipras: Greece's Surplus will be Distributed to Those in Need

Greece's surplus will be distributed to those most in need, Prime Minister Alexis Tsipras said during his speech at the 5th regional conference on productive reconstruction held at Ioannina, northwestern Greece. According to estimates, he said, Greece will have the...

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 Current Account Deficit Down in Jan-Feb

In February 2017, the current account showed a deficit of €937 million, up by €109 million year-on-year. This development is attributable to an increase in the deficit of the balance of goods, which more than offset a rise in...

Primary Surplus and Revenue Targets Surpassed Again in January, Finance Ministry Reports

The Greek state budget primary surplus was 1.012 billion euros in January 2017, exceeding a target of 670 million euros and ending marginally higher than the January 2016 surplus of 1.003 billion euros, according to provisional budget execution figures...

Greek Economy Expects Budget Surplus in its First Rebound Since Crisis Began

A Greek government official says that Greece predicts 2.7 percent in economic growth for next year for its first rebound after a seven-year recession. The source, familiar with Greece's 2017 draft budget that is to be tabled in Greek...

2,282 mln Euro Primary Surplus in May 2016, FinMin Says

According to the data available for the execution of the State Budget on a modified cash basis, the Greek State Budget balance for the period of January - May of 2016 presented a deficit of 814 million Euros, against...

Cypriot General Government Records Surplus of €147.2 Million

Cyprus' General Government recorded a surplus of €147.2 million in the first quarter of 2016, as compared to a deficit of €19 million in the corresponding period of the previous year, the Statistical Service said on Monday. On the basis...

Olga Gerovasili: We Are Keeping Greece on its Feet

    There will be an agreement on concluding the review of Greece's programme on May 24, government spokeswoman Olga Gerovasili predicted on Friday in an interview with Stigma Radio 97.6, a local station broadcasting from the Ionian island of Zakynthos....

Central Gov't Cash Balance Shows Surplus of 524 Mln Euros in Q1

Greek central government cash balance recorded a surplus of 524 million euros in the first three months of 2016, compared to a deficit of 918 million in the same period in 2015, the Bank of Greece said on Wednesday. The...

Wage Employment in Private Sector Up in March

Wage employment in the private sector grew in March as the hiring/dismissal balance showed a surplus of 29,351 job positions, official data showed on Monday. A monthly report by “Ergani,” the IT system of the Greek Labor ministry, said that...