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  1. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    10%
  2. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    Greece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands

    10%
  3. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed. The June

    10%
  4. Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down

    10%
  5. Greece moves closer to lifting all capital controls as limits on cash withdrawals removed
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    was forthcoming in light of both the ministry’s roadmap to relax and eliminate capital controls... a roadmap to relax capital controls and eventually lift the restrictions through two intermediate steps

    10%
  6. Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    eyebrows, as the country prepares to reopen its international borders and relax testing and quarantine... is still occurring. Experts have been warning the public not to relax their vigilance and to continue

    10%
  7. Tailor-made Maastricht criteria for Greece?
    Photo by MacroPolis

    Agora

    have advocated to relax the Maastricht Criteria, i.e. permitting higher deficits. The argument goes... and other revenue streams. It is mathematically inconsistent to relax the deficit rules and believe

    10%
  8. Budget primary shows deficit of 9.06 bln in October

    EconomyMacroeconomy

    by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion, overshooting the target by 2.28 billion

    10%
  9. Budget primary confirmed at deficit of 9.07 bln in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    at 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion

    10%
  10. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF) budget execution data showed on Friday. The primary balance was above the target in the 2022-2025 Medium

    10%