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EconomyMacroeconomy
Primary cash surplus almost halves to 1.1 bln in 2-month Greece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln Greece’s new tax debt increased at an accelerating pace by 1.63 billion euros in January from 1.28 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Thursday.
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EconomyMacroeconomy
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb The budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year, the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday.
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EconomyProgramme
With tax-free threshold set for change, income declarations underline need for rethink One of the key issues still to be resolved in the ongoing negotiations between the Greek government and the institutions relates to the International Monetary Fund’s demand for a reduction in the tax-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros) as of 2019.
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EconomyMacroeconomy
Revenues beat target by 3.9 pct in Feb, remain above target for year Greece’s budget revenues beat their target for the second straight month this year, according to preliminary figures for February published by the Independent Authority of Public Revenue (IAPR) on Friday.
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EconomyMacroeconomy
General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening.
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EconomyMacroeconomy
Budget primary surplus at 1 bln in Jan as tax revenues outperform The budget primary surplus was confirmed at 1.02 billion euros in the first month of 2017 broadly stable from last year, according to the Finance Ministry (MoF) final budget execution bulletin published on Friday.
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EconomyProgramme
Athens grapples with awkward reduction of tax-free threshold Discussions between the institutions and Greece, which are due to resume in Athens next week, will, among other issues, focus on plans to reduce the tax-free threshold for personal incomes.
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EconomyMacroeconomy Primary cash surplus down to 248 mln in Jan, including modest arrears repayment of 41 mln Greece’s central government primary cash surplus dropped by 138 million euros to 248 million in January, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Budget execution starts 2017 with primary balance outperformance on target-beating revenues The budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.