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  1. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    of this underperformance is attributed to the delay of the expected return of SMP and ANFA income of 500 million, which... in the 4-month period to 6.09 billion. That said, several social security items such as social funding

    8%

  2. You've heard the Greek crisis myths, now here are some truths
    Photo by MacroPolis

    Agora

    delay but fiscal targets have been met and reforms legislated. As mentioned before, whether much... spent on. The result is many Europeans are left with the impression that their taxes have been funding

    8%

  3. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    is largely attributed to: 1) The delay in the collection of the first instalment of corporate income tax... or postponing other expenses in an effort to cover the external funding needs, mostly related to IMF payments

    8%

  4. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    in arrears particularly since March mainly reflects the government’s decision to postpone or delay a large part of non-payroll cost to cover its imminent external funding needs. The absolute figures

    8%

  5. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    to a further delay in the payment of the corporate income tax for the second successive month leading... Liquidity Assistance (ELA) funding purposes. This item also includes an extraordinary item of 556

    8%

  6. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    the government’s decision to postpone or delay a large part of non-payroll expenditure to cover its imminent external funding needs. The biggest rise was recorded by SSF arrears, up by 108 million MoM

    8%

  7. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    reflects the government’s decision to postpone or delay a considerable part of non-payroll expenses to improve the cash-flow and cover the imminent (at that time) external funding needs. The breakdown

    8%

  8. Omnibus bill prompts no more than rumblings of discontent from coalition MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    general elections and the delay in levying the tax, homeowners will now have to pay ENFIA in five...The submission of the draft law containing the first set of measures Greece has to pass to receive further bailout funding has prompted some disquiet within the government but not to the level

    8%

  9. Eurogroup gives Greece another week to agree measures, keeps tranche and recap funds on hold
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    and NBG were reportedly scheduled to open within this week. Any delay in the decision process regarding... euros, the actual funding to Greece under the third bailout programme will be lower than the 86

    8%

  10. Newsletter 64 - 26/02/2016

    Newsletters

    ’s 2016 budget incorporates revenues of 190 million this year from the levy, so any additional delay... improvements in funding. Outflows return to banks The Greek banking system returned to seeing outflows

    8%