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Revenues
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EconomyMacroeconomy
If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study Enhanced credit card usage in Greece could capture revenues that exceed the annual inflows from the single property tax (ENFIA), a study by the Foundation for Economic and Industrial Research (IOBE) has shown.
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EconomyMacroeconomy
New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month Greece’s new tax debt rose by 610 million in May, increasing slightly from April’s rise of 599 million, data from the Independent Authority of Public Revenues (IAPR) has shown.
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EconomyMacroeconomy
May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls The budget primary balance was confirmed at a surplus of 1.53 billion euros in the first five months of 2018, the Finance Ministry (MoF) final budget execution bulletin for May showed on Monday.
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EconomyMacroeconomy
Travel balance down by 29 pct in April as receipts slump Greece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday.
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EconomyMacroeconomy
Primary cash surplus at 6.4 bln in year to date, expenditure rises during May Greece’s central government primary cash balance recorded a surplus of 6.40 billion euros in the first five months of the year, Bank of Greece (BoG) figures showed on Monday.
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EconomyMacroeconomy
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend The budget primary balance came to a surplus of 1.54 billion euros in the first five months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for May showed on Thursday.
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EconomyMacroeconomy
New overdue taxes rise by 599 mln in April, total stock continues to grow Greece’s new tax debt rose by 599 million in April, down from the increase of 776 million in March, data from the Independent Authority of Public Revenues (IAPR) has revealed.
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EconomyMacroeconomy General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million Greece’s general government (gg) primary cash surplus amounted to 2.42 billion in the first four months of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln The stock of unpaid social security contributions (SSCs) increased to 31.87 billion in the first quarter (Q1) of 2018, rising by 585 million compared to the figure of 31.29 billion euros registered in the fourth quarter (Q4) of 2017, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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EconomyMacroeconomy
Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending The budget primary balance was confirmed at a surplus of 2.29 billion euros in the first four months of 2018 compared to a surplus of 1.73 billion for the same period last year, the Finance Ministry (MoF) final budget execution bulletin for April showed on Thursday.