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Primary cash surplus at 17.96 bln in Sept as expenditure for the month falls
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 17.96 billion euros in the first nine months of the year, Bank of Greece (BoG) figures have shown.
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Budget primary surplus at 4.18 bln in Sept as EU co-financed projects fall short
EconomyMacroeconomyThe budget primary balance came to a surplus of 4.81 billion euros in the first nine months of 2018, according to the preliminary budget execution bulletin for September published by the Finance Ministry (MoF) on Monday.
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomyGreece’s new tax debt’s month-on-month rise came to 849 million in August, picking up pace from July’s rise of 377 million euros, data from the Independent Authority of Public Revenues (IAPR) showed this week.
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 3.51 billion euros in the first eight months of the year, reduced by 750 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget surplus confirmed at 3.16 billion in August
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 3.16 billion euros in the first eight months of 2018, according to the final budget execution bulletin for August published by the Finance Ministry (MoF) on Monday.
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues.
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Strong receipts push travel balance up by 15.9 pct in July
EconomyMacroeconomyGreece’s travel balance rose by 15.9 percent in July, almost unchanged from the increase of 16 percent in June, Bank of Greece (BoG) data revealed on Friday.
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Greece's golden visa scheme brings revenues, but risks as well
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EconomyFeaturesSince its launch in 2014, the Greek citizenship-by-investment scheme known as the “golden visa” has attracted almost 3,000 investors and close to a billion euros’ worth of property investments.
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Primary cash surplus up to 16.76 bln in Aug on improved revenues and cash buffer disbursement
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 16.76 billion euros in the first eight months of the year, Bank of Greece (BoG) figures have shown.
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Card transactions in Greece experience boost due to capital controls
EconomyBankingPayment statistics by the European Central Bank released last week have revealed that card payments in Greece experienced notable growth in recent years.