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EconomyMacroeconomy
Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues Greece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month period of 2016 from 2.1 billion in the corresponding period last year, the Finance Ministry (MoF) final budget execution bulletin showed on Friday.
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EconomyMacroeconomy
Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes The multi-bill tabled in Parliament on Wednesday evening included a set of parametric fiscal measures yielding around 1 percent of GDP that completes the 3 percent of GDP in fiscal interventions that Greece has to make by 2018 as part of the first programme review.
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EconomyMacroeconomy
Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending Greece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1 billion in the corresponding period last year, according to the Finance Ministry (MoF) preliminary budget execution bulletin published on Thursday.
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EconomyMacroeconomy General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln Greece’s general government (gg) primary cash surplus almost tripled to 3.22 billion euros in the first quarter (Q1) of 2016 from 1.1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday.
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EconomyMacroeconomy
Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1 Greece’s budget primary surplus in the first quarter of 2016 was confirmed at 2.67 billion euros, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance Ministry’s final budget bulletin.
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EconomyProgramme
Gov't unveils bill to overhaul pension system, increase income tax revenues One of the main interventions that the reform bill introduces is that all main pension funds are consolidated into the new National Security Body with a unified methodology applied for the calculation of social security contributions as of 2017, as well as for granting pensions as of 2016.
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EconomyMacroeconomy Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance Greece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.
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EconomyMacroeconomy
General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln Greece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday.
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EconomyMacroeconomy
Greece seeks to finalise 1 pct of GDP in new tax measures to close review The Greek government appears to have prepared proposals for a range of tax measures to discuss with the mission chiefs in Athens as efforts to close the programme review intensify.
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EconomyMacroeconomy
Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues Greece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed.