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EconomyMacroeconomy
Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul The budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared to a deficit of 350 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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EconomyMacroeconomy
Final budget sees 2.9 pct growth in 2024, primary surplus at 2.1 pct of GDP The Finance Ministry submitted to Parliament the final budget for 2024, which sees growth picking up next year and a sizable primary surplus in line with the country’s fiscal commitments that support debt sustainability.
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EconomyMacroeconomy
Lower repos push debt down to 402.88 bln in Q3, bonds rise by 2.5 bln Greece’s central government debt recorded a drop of almost 2 billion euros to 402.88 billion euros in Q3 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday.
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EconomyMacroeconomy
Budget continues to outperform in Oct, paving way for 350 mln Christmas handout The budget primary balance came to a surplus of 6.08 billion euros in October, compared to a deficit of 350 million euros in the same period of 2022, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday.
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EconomyMacroeconomy
Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus The 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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EconomyMacroeconomy Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP The 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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EconomyMacroeconomy
Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained The 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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EconomyMacroeconomy Tax revenues continue to outperform in Aug, as ministry explains frugal approach The 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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EconomyMacroeconomy Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln The 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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EconomyMacroeconomy
New bonds drive up central government debt by 3 bln to 404.69 bln in Q2 Greece’s central government debt recorded a sizable rise of over 3 billion euros to 404.69 billion euros in Q2 2023, the Finance Ministry's (MoF) debt bulletin showed on Friday.