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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyof Finance (MoF) said on Tuesday. Similar to previous months, the reported gg data is on a cash basis taking into account payment of previous years’ state arrears of 4.35 billion, which distorts the gg... billion so far in 2013. Thus, excluding previous year’s payments as well as SMP income and adding back
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Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach
Economyabove the previous figures. Compared to the new upward revised targets, the previous year to date... of previous years’ arrears on the expenditure line. The ministry reiterated its latest estimate for a 2013... performance in the last month of the year are: a) tax collection with the previous increase
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomythe move because levying through electricity bills led to a high collection rate. The previous tax... not be implemented in previous years. The initial MoF schedule called for tax notices to be issued in July... the previous forecast. A few days later, when taxpayers printed their ENFIA notices some of them
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Signs that Greece-eurozone deal may be in sight but much work remains
PoliticsGreek Politicsof extending the bailout which the previous government failed to implement over the last few months... to previous prime ministers and to be a genuine symbol for change will be seriously compromised if he... that Athens and its lenders could agree on around 70 percent of the measures demanded of the previous
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Greece's key pledges and requests at the Eurogroup meetings
PoliticsGreek Politicsby Greek Finance Minister Yanis Varoufakis at the two previous Eurogroup meetings. We present below... Eurosystem income, in accordance with its previous commitments. We are, in fact, open to the idea... of the previous government's electoral strategy and desire to confront us with these difficulties
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammeassuming that Greek banks will roll over their previous holdings, since they covered almost the entire... categories relate to the extension by one month of the deadline for VAT payment granted by the previous..., as the previous government claimed, or there are adequate funds that can still be utilised. A joint
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Newsletter 21 - 27/03/2015
in 2014 and was expected to produce broadly similar levels by the previous government for this year’s... slamming the coalition for adopting similar measures to the previous government. There is a danger... of the government’s response has been that some members have argued that ministers in previous administrations were
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A breakdown of the fiscal and structural reforms Greece hopes will unlock funding
EconomyProgrammesubmitted at the end of last year by the previous government. The political uncertainty is seen... billion set by the previous government. The key projects that are expected to be implemented... it is willing to agree on a number of measures left over from the previous incomplete reviews of the Greek
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The key numbers behind the latest Greek proposals
EconomyProgrammedetailed numbers next to most of measures and reforms. However, based on previous proposals, we outline... this year and 1.8 billion in 2016. In the previous government proposal, the annual incremental...’ proposal. A series of fiscal measures have been quantified in previous Greek proposals until June
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A breakdown of Greece’s revised financing needs as part of its new ESM programme
EconomyProgramme(1.4 billion). In its previous assessment, the Commission had calculated Greece’s debt amortization... the previous assessment. 2) Cash buffer for deposit build-up of 7.6 billion compared to 4.5 billion... billion similar to those incorporated in the previous EC report. Summing up, Greece gross financing
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