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  1. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    in the state budget (+480 million), while the primary cash balance of the social security funds (SSF... year. The absolute figures showed the primary cash surplus of the state budget reached 1.91 billion

    9%

  2. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    that the preliminary budget execution bulletin with the official revenue and expenditure figures is due... will be available upon the release of the final budget execution bulletin due after October 20

    9%

  3. Greece's taxing challenges

    Agora

    . The draft budget for 2017, which was submitted to parliament this week, continues on this policy.... The draft budget stipulates additional taxation for private households and businesses totalling 2.5

    9%

  4. The IMF and Greece's bitter pill
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    the budget target towards 3.5 percent of GDP will take an even larger toll on growth, will “reduce... implementation of a more growth friendly budget.” - Cuts have been so deep that “decaying

    9%

  5. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    for the social security funds amounted to 1.61 billion. On the flipside, the state budget primary...), hospitals (-173 million) and state budget (-171 million) partly offset by tax refunds (+157

    9%

  6. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    In its quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged for a swift conclusion of the programme review and implementation of the necessary reforms, which could lead... as in operational expenditure. Therefore, the report notes that the expenditure ceilings included in 2017 budget

    9%

  7. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 315 million to 246 million in January. In addition, the primary surplus of the state budget as well...) and extrabudgetary funds (+14 million). On the flipside, state budget and tax refunds’ arrears eased by 11

    9%

  8. Limited arrears clearance in first two months of 2017

    EconomyMacroeconomy

    government (gg) bodies, namely state budget, local governments, hospitals, social security funds (SSFs... funds’ arrears. Moreover, payments for state budget arrears stood at 467 million, for tax refunds

    9%

  9. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , which reached 201 million. In contrast, the state budget primary surplus substantially narrowed... (+66 million), extrabudgetary funds (+36 million) and state budget (+35 million), while tax refunds

    9%

  10. General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln
    Photo by Panayotis Tzamaros/Fosphpotos

    EconomyMacroeconomy

    . On the flipside, the primary surplus of the state budget shrank by 1.54 billion to 739 million, while... million) and SSFs (-49 million), while state budget arrears rose by 37 million. Since the beginning

    9%