Government budget

National Economy and Finance Minister Kostis Hatzidakis told the Parliament's Finance and European Affairs Committees on Thursday that the government will "have to be serious as regards fiscal policy and we will be. We believe in fiscal seriousness."

Bulgaria ushers in the new year on a different note, as the State Budget Act for 2024 gets the green light, marking a departure from previous years of budgetary uncertainties. The freshly ratified budget signifies a significant milestone, offering stability as the nation steps into the year ahead.

In a culmination of a five-day debate on the 2024 state budget, the Greek Parliament concludes proceedings on Sunday with speeches from the Prime Minister and leaders of parliamentary groups. 

Following this, an electronic roll-call vote is slated for the budget, assuming the significance of a vote of confidence in the government.

BELGRADE - The Serbian parliament passed the 2024 budget bill on Thursday.

Under the bill, budget revenues will total 2,040.9 bln dinars and expenditures will amount to 2,238 bln dinars.

One hundred and forty-five of 189 MPs in attendance voted in favour of the bill and 31 voted against, there were no abstentions and 13 MPs did not take part in the vote.

BELGRADE - The Serbian government adopted the 2024 budget bill on Thursday, the Ministry of Finance confirmed to Tanjug.

It said the bill was expected to be passed by the parliament by the end of this month.

The bill envisions a 3.5 pct GDP growth rate in 2024.

The central government budget produced a surplus of 48.6 billion Turkish Liras ($1.8 billion) in July after posting a large deficit of 219.6 billion liras in June, the Treasury and Finance Ministry has said.

Revenues grew 156 percent last month from a year ago to 504.4 billion liras, with tax collection rising nearly 177 percent.

The central government budget produced a deficit of 219.6 billion Turkish Liras ($8.36 billion) in June, the Treasury and Finance Ministry has said.

Revenues increased by 48.2 percent last month from a year ago to 268 billion liras, with tax revenues rising 51.4 percent year-on-year to 231 billion liras.

The Plenary of Cyprus' House of Representatives approved the supplementary state budget amounting to 361 million euros on Thursday, with criticism against the government's agreement for the purchase of the Metropolitan building in Nicosia, which will house the Ministry of Labor and Social Insurance.

The National Economy and Finance Ministry tabled a supplementary state budget of 700 million euros on Wednesday to cover additional expenditures related to the government's support in 202 measures included in a new economy bill.

Ljubljana – The government has formally initiated a revision of this year’s national budget by triggering provision of the act on public finances that allows it to temporarily suspend the implementation of expenditures. This will be followed by the drafting of a supplementary budget.