draft budget

Parliament tabled a draft budget for the major privatization projects on Monday, reasoning that the state will not be able to see substantial revenues into coffers until 2017 when they are completed. Privatization revenues from projects such as the regional...

Greece’s opposition parties harshly criticized the government for the high taxes included in the 2016 draft budget which has been under discussion in the parliament’s economics committee since Wednesday. “The measures included in the budget show an ideological leftist obsession...

The Greek state's last meeting of the first round of negotiations with the heads of the troika is currently underway at the Finance Ministry. The heads of the troika are expected to leave Athens later in the day and return...

A few years ago, the Greek Tourism Organization launched a campaign dubbed "Live Your Myth in Greece." It was good, catchy, and it worked. Today, following the 2015 budget proposal, it seems that the ministry of finance officials are...

A senior Eurozone official from Brussels has stated that it is currently impossible to make any prediction on the future of Greece or the results of the country's bailout program, scheduled to end in December of this year. The official...

The draft budget currently tabled in parliament does not include a reduction in tax rates. It does, however, include a 1 billion euro increase in revenues. It also foresees a reduction in unemployment rates and sets the primary surplus...

The government will aim for a primary budget surplus of 2.9% next year, just shy of the 3% target set out under the bailout agreement, says the deputy finance minister. The target is part of a 2015 draft budget that...

Greece's preliminary draft budget for 2014 is expected to be published and submitted to the Parliament on Oct. 7 at at noon. According to the estimates, there will be a primary surplus for the first time in a decade,...