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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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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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Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
EconomyMacroeconomyof 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down
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Newsletter 144 -15/12/2017
. The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing
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Puzzling reaction to army reservists' call for government to resign
PoliticsGreek PoliticsAn unusual announcement by a little known army reservists’ group calling for the government to resign prompted an emergency late night meeting of top ministry and judicial officials on Wednesday. There was surprise that the government gave such attentio...
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New Democracy hopes to celebrate 40th anniversary with rallying call
PoliticsGreek PoliticsThe 40th anniversary of New Democracy’s founding is approaching and the party’s leadership is hoping it can use the moment as a rallying point for the increasingly despondent conservatives. New Democracy has planned two events to mark the occasion: One ...
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Close call on IMF payment puts Tsipras under more pressure at home, abroad
PoliticsGreek PoliticsReports over the weekend that Greece came close to not paying the 750 million euros due to the International Monetary Fund on May 12 will increase the political pressure on the government to reach a deal with lenders as soon as possible. The revelation ...
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Referendum call finds Greek banks teetering on the edge
EconomyThe Eurogroup rejected on Saturday the Greek government’s proposal for a one-month extension of the current bailout programme, which expires on June 30, Greek banks are facing a dramatic situation. The challenge to the Greek banking system was immediate...
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