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  1. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    working years. The national pension is not funded by contributions but only from the state budget... replacement rates. Replacement rates start from 0.77 percent for the first 15 years up to 2 percent... of 190 million euros in 2016 that was never implemented. The 2016 budget envisaged gaming revenues

    8%

  2. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    in the state budget (+480 million), while the primary cash balance of the social security funds (SSF... year. The absolute figures showed the primary cash surplus of the state budget reached 1.91 billion... support guarantees by 2.48 billion and in Emergency Liquidity Assistance (ELA) guarantees by 2

    8%

  3. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    governments’ surplus widened by 421 million to 583 million, while the budget primary surplus narrowed... state budget and social security funds arrears declined by 217 and 50 million respectively... in the Emergency Liquidity Assistance (ELA) guarantees by almost 2 billion to 42.57 billion, while bank

    8%

  4. Newsletter 111 - 17/03/2017

    Newsletters

    93.41 bln in January The budget primary balance recorded a surplus of 2.12 billion euros in the first... Ministry preliminary budget execution bulletin revealed. This year’s primary surplus beat the target... figure of 95.29 billion, mostly reflecting write-offs and revenue collection from confiscations. 2

    8%

  5. Newsletter 117 - 05/05/2017

    Newsletters

    a 35-month high in April. In its latest quarterly report, the Parliamentary Budget Office (PBO... of listing the 2 percent of GDP in expansionary counter-measures (tax cuts and social spending... are implemented this year, they will burden the 2017 budget. It added that the coalition handed out 620

    8%

  6. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , which reached 201 million. In contrast, the state budget primary surplus substantially narrowed by almost 2 billion euros to 326 million, while that for extrabudgetary funds fell by 289 million to 679... (+66 million), extrabudgetary funds (+36 million) and state budget (+35 million), while tax refunds

    8%

  7. Third review agenda becoming more complex for Tsipras
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    increases. However, the poor performance of budget revenues may lead to the lenders asking... unpaid taxes also shot up by just over 2 billion euros compared to a rise of 727 million euros in June... in the 2017 budget. This means that fiscal matters are likely to play a much more significant role

    8%

  8. Primary cash surplus falls to 276 mln surplus at end of August amid revenue decline
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    previously, this year’s figure includes a one-off item of around 2 billion euros related to National... euros. After recording a surplus in the previous month, the Public Investment Budget (PIB) came... noted, the preliminary budget execution figures released by the Finance Ministry (MoF) for August showed

    8%

  9. General govt primary cash surplus at 4.51 bln in eight-month, arrears increase to 6.03 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    deficit of 2 million euros. However, the figure for 2017 still underperformed that of 2016 which stood at a surplus of 373 million euros. The primary surplus of the state budget increased by 924 million... was noted in tax refunds (+593 million). Smaller increases were registered in state budget arrears (+19

    8%

  10. Primary cash surplus at 2.88 bln in Oct on higher expenditure, arrears payments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . As noted previously, this year’s figure includes a one-off item of around 2 billion euros related... euros. The deficit in the Public Investment Budget (PIB) grew to 151 million against September's figure.... As previously noted, the preliminary budget execution figures released by the Finance Ministry (MoF) for October

    8%