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New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 1.37 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
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Overdue social security contributions top 35 bln in Q1
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) increased to 35.36 billion in the first quarter (Q1) of 2019, rising by 572 million compared to the figure of 34.79 billion euros registered in the fourth quarter (Q4) of 2018, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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Overdue social security contributions rise to 34.79 bln in Q4 2018
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) increased to 34.79 billion in the fourth quarter (Q4) of 2018, rising by 433 million compared to the figure of 34.35 billion euros registered in the third quarter (Q3) of 2018, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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Travel balance rises to 51 mln in Feb as receipts shoot up by 29.6 pct
EconomyMacroeconomyGreece’s travel balance increased significantly to 51 million in February from 18.5 million a year ago, Bank of Greece (BoG) data has shown.
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Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 34 million euros in the first three months of the year according to figures released by the Bank of Greece (BoG).
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyGreece’s travel balance for 2018 recorded a surplus of 13.90 billion euros, increasing by 9.2 percent from a surplus of 12.73 billion euros noted in 2017, according to figures released by the Bank of Greece (BoG).
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Budget primary surplus at 1.46 bln in Mar, beating target by 2.42 bln
EconomyMacroeconomyThe budget primary balance recorded a surplus of 1.46 billion euros in the first three months of 2019, compared to a surplus of 1.88 billion noted in March 2018, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.
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IMF sees Greece on course to meet fiscal targets and reduce debt
EconomyProgrammeFollowing the publication of its macroeconomic forecasts for Greece as part of the World Economic Outlook (WEO) release cycle, the International Monetary Fund (IMF) released on Wednesday its latest projections for public finances in the Fiscal Monitor.
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General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 2.91 billion euros in the first two months of the year, down by 272 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
EconomyThe Independent Authority for Public Revenue (IAPR) has released annual figures for 2018 which show the growing pile of tax debt owed to the state as well as increased measures to confiscate amounts due from debtors.