- Moving on April 29, 2014
- Greek budget bottom-line outperformance narrowed to €2.2bn in June July 11, 2013
- Greek banks Eurosystem funding fell by €9bn m-o-m in May June 12, 2013
- Greek budget bottom-line outperformed targets by €3.2bn in 5M’13 June 11, 2013
- Credit contraction marginally decelerated to 3.4% in April May 30, 2013
- RT @MacroPolis_gr: Moody's upgrades Greece's sovereign bond rating to Caa2 and changes the outlook to positive. #Greece #economy #markets 2 years ago
- Αφιερωμένο σε όλους τους μπαμπάδες - Μπαμπάς είναι ... #FathersDay #Greece https://t.co/cT8k6cLvtq 2 years ago
- We take note of the #Eurogroup discussion which we see as a 1st step towards securing #Greece debt sustainability, #ECB representative says. 2 years ago
- #IMF Managing Director Christine Lagarde to propose approval in principle of new Stand-By Arrangement for #Greece.… twitter.com/i/web/status/8… 2 years ago
- #Eurogroup statement on #Greece. consilium.europa.eu/press-releases… 2 years ago
Tag Archives: Greek budget
MoF data on July budget execution show that, after a temporary rebound in June, revenues (excl. tax refunds) resumed their downward trend easing by 18.6% y-o-y in July and bringing the 7-month figure down 6.9% y-o-y to€27.9bn.
Latest MoF data show that general government deficit, according to cash data, eased by 12.9% y-o-y to €9,880m in 6M’12 from €11,347m last year with primary deficit substantially improving to €490m from €4,013m in H1’11.
Media continue to downplay the decent primary expenditure performance, while focus and point out particularly the revenue lag. They also repeatedly mention total – and not primary – expenditure which includes interest payments and, particularly for this year, also incorporates … Continue reading
Greek June budget revenues rebounded, yet still falling short of targets – bottom-line much better than targeted
According to the final data for 6M’12 budget execution released by MoF, revenues (excl. tax refunds) rebounded in June (up 3.0% y-o-y), after easing by 14.9% and 12.8% in the previous two months, bringing the 6-month figure down 4.4% y-o-y … Continue reading
Greek June budget execution – Revenues rebounded, yet continued falling short of targets; bottom-line much better-than-expected
Revenues (excl. tax refunds) rebounded in June (up 2.0%), after easing by 14.9% and 12.8% in the previous two months, bringing the 6-month figure down 4.5% y-o-y.
General government deficit, according to cash data, stood at €8,183m in 5M’12 (5M’11: €8,049m) up just 1.7% y-o-y with primary surplus at €555m (5M’11: deficit of €1,985m), incorporating: