Tag: Budget

FINANCE
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Primary budget surplus over double the forecast for 10-month term

Panos - Nov 19, 2019

According to figures released today by Deputy Minister for Financial Policy Theodoros Skylakakis, the January-October 2019 primary surplus amounted to € 5.755 billion and was more than…

FINANCE
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Draft budget forecasts a 3.56% surplus of GDP

Panos - Oct 08, 2019

The primary surplus is forecast to be 3.56% of the GDP next year in the draft budget of 2020, according to a statement by Deputy Finance Minister…

FINANCE
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Greek state posts 1.46 bln€ primary budget surplus in Q1 2019

Panos - Apr 16, 2019

The Greek central government's primary budget surplus in the first quarter of 2019 reached 1.46 billion euros, far exceeding a target of a 960 budget deficit for…

FINANCE
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End-of-year tax obligations budgeted to bring in 2.8 bln€ to Greek state coffers

Panos - Dec 20, 2018

No less than nine tax and duty obligation deadlines expire on Dec. 31, 2018 for Greece's beleaguered taxpayers and recession-battered businesses, with the total sum budgeted for…

DEFENCE
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Parliament passes 2019 draft budget, following another clash between PM and main opposition leader

Panos - Dec 19, 2018

Greece's closely scrutinized draft 2019 budget was passed by a majority of Parliament MPs on Tuesday evening, following a marathon debate and yet another acrimonious clash between…

FINANCE
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Greek budget: Revenues in Oct. 18 exceed target by 576 mln€

Panos - Nov 15, 2018

The monthly target for collecting state revenues was easily surpassed last month, October 2018, according to figures released on Wednesday by the finance ministry. Specifically, revenues reached…

FINANCE
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Budget execution: Income, property taxes fall short of targets for Jan-Sep period

Panos - Oct 25, 2018

The finance ministry on Wednesday announced shortfalls in terms of targets for collecting personal income tax and property taxes in Greece over the first nine-month period of…

FINANCE
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State, regular budget revenues miss targets for Sept. 2018; still above mark for 9-month period

Panos - Oct 16, 2018

State and regular budget revenues moved lower than prescribed targets in September 2018, with net revenues in this case reaching 5.36 billion euros, lower by 346 million…

FINANCE
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EP’s budget committee approves 34m Euro in EU aid to Bulgaria, Greece, Poland, Lithuania

Panos - Aug 31, 2018

EU Solidarity Fund (EUSF) aid worth 34 million euro, to support reconstruction in Greece, Poland, Lithuania and Bulgaria following natural disasters in 2017, was approved by the…

FINANCE
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Greek state exceeds primary budget surplus for Jan-May 2018 period five-fold

Panos - Jun 15, 2018

Greece posted another sizable primary budget surplus for the Jan-May 2018, exceeding the target for the period five-fold. The finance ministry announced that the primary budget surplus…

FINANCE
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Greek state exceeds primary Greek state exceeds primary budget surplus target for Q1 on the back of lower spendingsurplus target for Q1 on the back of lower spending

Panos - Apr 17, 2018

Provision data regarding the execution of the Greek state budget over the first quarter of the year revealed a primary budget surplus of 2.32 billion euros, far…

FINANCE
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Greek primary budget exceeds target in first two months of 2018

Panos - Mar 27, 2018

Greece posted a primary budget surplus of 2.75 billion euros in the first two months of 2018, beating a target of 1.3 billion euros, and up 28.9…

FINANCE
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2018 budget projects a 3.82% primary surplus

Panos - Nov 22, 2017

The new budget submitted in parliament on Tuesday projects growth of 1.6% this year and 2.5% in 2018, while unemployment is expected to drop from 19.9% this…

POLITICS
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New budget predicts 2% GDP primary surplus in 2017

makis - Nov 22, 2016

The Alternate Minister of Finance Giorgos Houliarakis submitted the ambitious budget for 2017 on Monday, which is scheduled to be voted upon in Parliament on Saturday 10…

GREECE
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As festive budget shrinks food is a priority

makis - Nov 18, 2016

Greeks intend to spend the little money they have set aside for this festive season on food and entertainment, and not so much on presents, according to…

FINANCE
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Budget revenues miss target by 207 million euros

Sokratis - May 28, 2016

Tax revenues missed their budget target for the first four months of the year by 207 million euros, Finance Ministry figures showed on Friday, but the major…

FINANCE
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Primary budget surplus at 483 mln for Jan. 2016

Panos - Feb 26, 2016

Reduced state spending, by 483 million euros, resulted in a greater primary budget surplus target for January 2016. The cash balance surplus reached 1.073 billion euros, in…

FINANCE
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State budget net revenue 10.4% above targets in January

makis - Feb 15, 2016

The Ministry of Finances has announced that the State budget net revenue totaled 4.219 billion euros in January, up 10.4% from targets, while regular budget net revenue…