budget

In a statement on Friday, Greek PM Kyriakos Mitsotakis welcomed decisions regarding the European budget and climate goals made at the the meeting of EU leaders held in Brussels on Thursday. Mitsotakis praised the breakthrough made on the European budget...

The Greek economy is expected to contract by 10.5 percent this year and to grow by 4.8 percent in 2021, according to provisions included in the new state budget, which was brought before Parliament by Finance Minister Christos Staikouras...

Greece will return to primary surpluses beginning in 2022 after reporting higher primary deficits and public debts in 2020, the International Monetary Fund said in its "Fiscal Monitor Report," released on Wednesday. The IMF based its 2020 forecasts on the...

The coronavirus pandemic, which has negatively affected Greece's tourism and hospitality industries, is already widening the country's budget deficit and slowly pushing it back into recession. On Wednesday, Finance Minister Christos Staikouras announced that Greece is expected to suffer a...

As a measure to aid EU Member States suffering from the coronavirus pandemic and its tremendous impact on their economies, the European Commission announced on Friday that state budget rules are eased. In order to aid people and companies, the...

Those who follow the EU's political affairs closely know by now how difficult it is for Brussels to persuade all of its member-states concerning an issue as important as the Union's budget for the years between 2021 and 2027. Yet,...

The Greek state budget recorded a primary surplus of 4.96 billion euros in 2019, up from a budget surplus target of 4.4 billion and a primary surplus of 91 million euros in the same period in 2018, the Finance Ministry said...

Greece's state budget for the financial year 2020 was presented to Parliament by Finance Minister Christos Staikouras on Thursday. A growth rate of 2.8% and a primary surplus of 3.6% in 2020 are foreseen in the new budget, slightly exceeding...

The European Commission announced on Wednesday that it has adopted the fourth report for Greece under the Enhanced Surveillance framework. This gives the green light to the December meeting of the Eurogroup to approve Greece's budget for the year 2020. ''The...

Vitor Gaspar, the Head of the Fiscal Affairs Department of the International Monetary Fund (IMF) presented the Fund's Fiscal Monitor on Wednesday, just before its annual autumn summit in Washington. With regard to the IMF's projections about Greece's economy, the data presented...