OECD finds tax cuts linked to pandemic helped reduce wedge on labour
Reopening of 7-year bond affirms tougher conditions on sovereign debt market
S&P moves Greece closer to investment grade, puts focus on budget and growth
BoG: Growth could be 2 pts lower than expected, inflation may reach 7 pct
IMF urges caution on public finances
DBRS moves Greece a notch closer to investment grade as Moody's holds off
Revenues 705 mln short in June but expenditure above target by 961 mln
Greece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from 1.51 billion in the 5-month period, and 707 million in the first half of last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday.
Although the MoF did not comment on the revenue underperformance in June, our understanding that it reflects the further delay in the collection of the first instalment of the corporate income tax until July 20, with June revenues estimated at 300 milli...
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