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EconomyMacroeconomy
Final budget execution data for Sep highlights overperformance in most tax categories The budget primary balance for the nine months of 2022 came to a small surplus of 52 million euros, compared to a deficit of 5.96 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Preliminary Sep budget records 37 mln primary surplus as taxes outperform by 4.9 bln The budget primary balance up to September 2022 came to a small surplus of 37 million euros, compared to a deficit of 5.96 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Draft 2023 budget sees growth cooling to 2.1 pct, primary surplus at 0.7 pct The Finance Ministry tabled in Parliament on Monday the draft budget for 2023, in which Greece is seen growing by 2.1 pct in 2023 and securing a primary surplus of 0.7 pct of GDP, marginally below the stated commitments.
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EconomyMacroeconomy
Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance The budget primary balance for the first eight months of 2022 came to a small surplus of 20 million euros, compared to a deficit of 6.38 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday.
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EconomyMacroeconomy
Tax overperformance continues in Aug, as budget balance beats target by close to 6 bln The budget primary balance up to August 2022 came to a small surplus of 10 million euros, compared to a deficit of 6.38 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Friday.
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Economy
Finance Ministry costs new support package, but questions remain over electricity subsidies Finance Ministry officials held a press conference on Monday to provide additional details about the support package that Prime Minister Kyriakos Mitsotakis announced on Saturday at the Thessaloniki International Fair.
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EconomyMacroeconomy
VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul The budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros, compared to a deficit of 9.06 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Thursday.
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EconomyMacroeconomy
Public debt records first marginal drop, to 394 bln, in Q2 as IMF repaid and bond activity limited Greece’s central government debt recorded a small drop of roughly 365 million euros in the second quarter of the year to 394.18 billion euros, after an increase of more than 6 billion euros in the first quarter, the Finance Ministry's (MoF) debt bulletin showed on Friday.
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EconomyMacroeconomy Budget primary balance beats target by 4.64 bln in July on back of impressive tax performance The budget primary balance up to July 2022 came to a deficit of 1.17 billion euros, compared to a deficit of 9.06 billion euros in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Tuesday.
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EconomyMacroeconomy
Final budget execution for June affirms solid revenues, driven by VAT and income tax The budget primary balance for the first half of 2022 came to a deficit of 3.43 billion euros, compared to a deficit of 9.09 billion euros during the same period last year, according to the final Finance Ministry (MoF) budget execution data released on Monday.