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Greek budget

Greece Misses Budget Revenue Target for Two First Months of 2015

Greece missed its budget revenue target during the first two months of 2015, complicating the talks with its international creditors over securing more bailout funds for its economic recovery, according to the country’s Finance Ministry data. Political uncertainty has...

Varoufakis: Greece Coming Out of a Memorandum-Imposed Isolation

The acceptance of Greece's request for a grace period until the end of April - pending the approval of a list of reforms that must be submitted by Greece on Monday - was greeted as a successful combination of...

Greek Tax Revenue Misses Target

Greek tax revenue for the January-November 2014 period missed its target by 678 million euros, which is attributed to the significant reduction in income tax collection (at 416 million euros), according to data published by the Finance Ministry yesterday. In addition,...

Greek Primary Surplus Rose to 3.566 Bln Euros in Jan-Nov

Greece's government on Tuesday announced a primary budget surplus of 3.566 billion euros in the January-November period, up from 2.778 billion in the same period last year and a 2015 budget target of 2.875 billion euros. A Greek Finance Ministry...

Greek Budget Deficit Sharply Down in Jan-Nov

Greece 's central government cash balance deficit shrank to 2.842 billion euros in the January-November period, from a deficit of 9.964 billion euros in the corresponding period last year, the Bank of Greece said on Monday. The central bank, in...

Greece Reports 3.5-Bln-Euro Primary Surplus in Jan-Nov

Greece on Friday reported a primary budget surplus of 3.5 billion euros in the January-November period, from a primary surplus of 2.8 billion euros in the same period last year and up 660 million euros compared to set target. According...

Greek Budget for 2015 Voted Amidst Protests

The 2015 budget was voted in Greek Parliament (by a vote of 155 in favor, 134 against, 1 present) at midnight amidst anti-austerity protests and scenarios that the government plans to bring the Presidential election forward in early January, to put an...

Greek MP Goes on Hunger Strike in Support of Syrian Refugees

SYRIZA MP Yiannis Michelogiannakis camped with protesting Syrian refugees outside the Greek Parliament and went on hunger strike in support of their petition to move to other countries and reunite with their relatives. Michelogiannakis said he decided to take action after he...

Greek Police on Alert Ahead of 'Hot Weekend' in Athens

Almost the entire Greek Police force of the Attica region will be on alert on Saturday due to the sixth anniversary of Alexandros Grigoropoulos' assassination, the visit of Turkish Prime Minister Ahmet Davutoglu and the planned parliamentary vote on...

Alternate FinMin Staikouras: Greek Govt Achieves the Fiscal Targets it Sets

Fiscal targets set by the Greek government were achieved for the third consecutive year with an additional significant primary surplus for the third time, while the country entered a period of positive economic growth, said today Alternate Finance Minister...