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Final budget data for 2021 affirms revenue overperformance, primary balance below 6 pct of GDP
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.33 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
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Central gov primary cash deficit plummets to 9.86 bln in 2021
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 9.86 billion euros at the end of 2021, from a deficit of 17.82 billion euros last year, according to figures released by the Bank of Greece on Wednesday.
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Budget primary deficit improves by 7.2 bln YoY in 2021, beats target by nearly 2 bln
EconomyMacroeconomyThe budget primary balance for the full year landed at a deficit of 10.99 billion euros in 2021, compared to a deficit of 18.2 billion in 2020, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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Nov budget data confirms tax revenue outperformance at 784 mln
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.88 billion euros up to November 2021, compared with a deficit of 13.75 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
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Primary cash deficit almost halved to 7.32 bln in Nov
EconomyMacroeconomyGreece’s central government recorded a primary cash deficit of 7.32 billion euros up to November, from a deficit of 13.45 billion euros last year, according to figures released by the Bank of Greece on Friday.
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Buoyed by improved tax revenues, budget deficit comfortably beats target at 7.88 bln in Nov
EconomyMacroeconomyThe budget primary balance for the eleven months of the year landed at a deficit of 7.88 billion euros, compared with a deficit of 13.47 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Wednesday.
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Budget primary deficit to Oct confirmed at 7.18 bln, improving from 9.07 bln last year
EconomyMacroeconomyThe budget primary balance landed at a deficit of 7.18 billion euros up to October 2021, compared with a deficit of 9.07 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.
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Amidst Covid and inflation uncertainty, 2022 budget looks forward to solid growth
EconomyMacroeconomyAmidst growing concerns about the impact of the latest pandemic wave and ongoing pressures on the inflation front, led by energy prices, the Finance Ministry tabled a revised final budget for 2022 in which most macro variables and assumptions are improved compared to the draft tabled at the start of October.
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Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
EconomyMacroeconomyThe budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday.
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Tax revenue overperformance in Sep confirmed, primary budget deficit at 5.96 bln
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 5.96 billion euros in the first nine months of 2021, compared with a deficit of 7 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday.