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Budget primary surplus at 1.94 bln in H1, beating target by 1.5 bln on underspend
EconomyMacroeconomyeuros in June from 114 million in the previous month. In addition, the budget balance posted a deficit... target by 1.5 billion. Revenues Gross revenues (revenues before tax refunds) fell by 8.5 percent in June... billion euros in June reflecting a similar decline in both direct and indirect taxes by 9.7 and 9.4
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New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month
EconomyMacroeconomyGreece’s new tax debt’s month-on-month rise came to 377 million in July, slowing from June’s rise... of 392 million noted in June. The VAT collectability rate declined slightly to 85.6 percent from 89.2 percent in June, which had been the highest rate in the year to date. The amount of VAT due
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Primary cash balance at deficit of 24 mln in Jun
EconomyMacroeconomythat on a monthly basis, revenues dropped by 36 million euros in June and came to 3.14 billion euros... to 20.89 billion euros against last year’s total of 21.91 billion. Expenditure for June rose by 181..., interest payments rose by 373 million euros to 3.36 billion. Overall expenditure from January to June
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Newsletter 219 -13/09/2019
billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood...-on-month in July, bringing the total to 3.64 billion euros compared to 3.36 billion in June... for legacy tax arrears (i.e. those created before 2017) stood at 100.89 billion in July. Compared to June
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomy108.7 in June, according to European Commission figures released on Thursday. The Employment Expectations Indicator (EEI) also increased to 115 points, up from 112 in June. The sentiment indicator hit its previous low in June 2020 following the outbreak of the pandemic when it dropped to 87.6
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Awaiting the magic wand that will end the pandemic
Agoraof the population by June i.e., until the beginning of the tourist season. Here, uninformed readers should pay attention to why June is important. This is the month when the mass arrival of tourists begins... forecast by the Minister of Health. Statistics show that at the beginning of June, only 31.9 percent were
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Newsletter 39 - 21/08/2015
when an interim administration was appointed between the May and June elections in 2012... account balance was in surplus for the second successive month in June but it narrowed by 20 percent year... income surplus by 89 million. June balance is down 20 percent year on year. Industrial index fall
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First review completed but more prior actions lie ahead for Greece
EconomyProgrammeand the independent revenue agency. Privatisations 1) Agreement with the institutions by the end of June... (not later than June 2017). 3) Public Power Corporation (PPC) Annual General Meeting (AGM) should approve the unbundling of the electricity transmission company (ADMIE) in June and publish
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Newsletter 87 - 09/09/2016
in July, after increasing by 180 million in June, to land at 6.89 billion at the end of July. The net... down to 23.4 percent in June from 23.6 percent in May. The June jobless rate is the lowest since... rate also decreased to 22.6 percent in June from 23.3 percent in May. ELSTAT figures also showed
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomy(including tax refund arrears) rose in June for a second consecutive month by 67 million. This kept arrears above the 5-billion mark for the fourth time this year, bringing them to 5.13 billion in June. The only subsector to display a fall in arrears in June was local governments, where arrears fell
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