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  1. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    period to 9.11 billion euros. VAT rebounded 1 percent in May, while the 5-month figure eased 1.3... to -3.3 percent in May (from -2.7 percent in April) leading the 5-month figure down 8.4 percent

    11%
  2. Greece's 2015 budget: A breakdown of all the key figures

    EconomyMacroeconomy

    . This was also the case in the last two years. For 2014, MoF anticipates the primary surplus will top 3.3 billion... taxes mostly related to VAT. In addition, Public Investment Budget (PIB) revenues are anticipated

    11%
  3. Our most popular stories in 2014

    Agora

    difficult or expensive access to bank credit, supplier cutback of credit, long waiting times for VAT..., compared to just 3.3 percent in 2008. A recent report by researchers from Oxford and Cambridge

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

    EconomyMacroeconomy

    , they underperformed by 710 million largely due to VAT, which fell 7.4 percent in June and 3.4 percent... a primary surplus so far. Interest payments increased by 5.5 percent to 3.3 billion, slightly below

    11%
  5. Fiscal target revision shows 3.07 bln 9-month primary surplus was 1.8 bln above target

    Economy

    target. In specific, VAT revenues eased 0.5 percent in September, yet the 9-month figure declined... of the above payments. Interest payments rose by 3.3 percent in the 9-month period to almost 5 billion

    11%
  6. Newsletter 54 - 04/12/2015

    Newsletters

    the respective OECD average of 25.1 percent. Only Denmark (3.3 pp) and Iceland (2.8 pp) recorded a higher... of the expected proceeds would stem from the VAT streamlining measure that was voted as a prior action in July

    11%
  7. Newsletter 62 - 12/02/2016

    Newsletters

    rose by 11.3 percent followed by mining and quarrying (+9.6 percent) and manufacturing (+3.3... at the moment, it has to adopt measures (such as VAT rises, pension cuts and income tax increases

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  8. Newsletter 107 - 17/02/2017

    Newsletters

    of measures that Athens seems to have in mind are reductions in VAT, the lowering of the ENFIA... expenditure increased by 3.4 percent to 3.3 billion, in line with the target. PIB revenues plummeted

    11%
  9. Budget primary surplus at 1 bln in Jan as tax revenues outperform
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    arrears. Specifically, VAT increased by 3.4 percent to 1.45 billion, but came in 55 million short.... Therefore, the overall expenditure fell by 3.4 percent to 3.3 billion, broadly in line with target. PIB

    11%
  10. Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent and a drop in direct taxes by 3.3 percent. Overall tax revenues were below the monthly target.... Revenues from VAT increased by 4 percent in July and improved by 5.9 percent on an aggregate basis

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