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Moody's upgrading Greece to investment grade puts an end to painful 15-year cycle
Economy. Following Moody’s upgrade, Greece closes a painful 15-year cycle that at the start of 2012 saw the country downgraded to selective default due to its massive 200 billion euros debt restructuring that haircut
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State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013
EconomyMacroeconomyand hospitals with their outstanding balances down by 1.33 billion and 807 million respectively so far
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year
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Budget execution shows primary surplus of 711 mln, 503 mln ahead of target
EconomyMacroeconomyperiod. This implies an average figure exceeding 1 billion per month. Although the April figure of 763
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’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
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyThe 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
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General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept
EconomyMacroeconomya modest rise by 52 million in the 9-month period to 807 million accounting for around 14 percent of total
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyGreece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus fell by 807 million euros from the previous year to 2.63 billion in the first six months of 2017 according to the Finance Ministry’s (MoF) gg bulletin. Social security funds (SSFs) was the subsector with the most notable improvement
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Newsletter 130 - 04/08/2017
by 827 million to 23.32 billion in Q2 The general government (gg) primary cash surplus fell by 807
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