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Budget
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IMF sees short-term progress and persistent long-term challenges
EconomyMacroeconomyThe IMF published on Tuesday the concluding staff statement of the mission in the context of the Article IV consultations which took place recently.
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyThe budget primary balance in September was confirmed at a surplus of almost 6 billion euros, compared to a surplus of 52 million euros in the same month of 2022.
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.98 billion euros in September, compared to a surplus of just 52 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2024, with Greece seen growing by 3 pct in 2024 and securing a primary surplus of 2.1 pct of GDP.
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomyThe budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared to a surplus of 19 million euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomyThe budget primary balance came to a surplus of 5.59 billion euros in August, compared to a surplus of 19 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
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Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
EconomyMacroeconomyThe budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared to a deficit of 1.16 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Friday.
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Underspend and improved tax collection help budget beat target by 881 mln in July
EconomyMacroeconomyThe budget primary balance came to a surplus of 3.56 billion euros in July, compared to a deficit of 1.16 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
EconomyMacroeconomyThe budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared to a deficit of 3.43 billion euros in the same month of 2022, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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Budget execution continues to outperform in June, led by 2.2 bln in excess taxes
EconomyMacroeconomyThe budget primary balance came to a surplus of 2.12 billion euros in June, compared to a deficit of 3.43 billion euros in the same period of 2022, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.