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  1. 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

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  2. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    governments’ surplus widened by 421 million to 583 million, while the budget primary surplus narrowed... state budget and social security funds arrears declined by 217 and 50 million respectively

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  3. 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

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  4. Athens settles pension handout row, looks for review progress
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    million according to the General Accounting Office, is fully funded by the 2017 budget, the letter.... The 2017 budget foresees a primary surplus target of 1.91 billion euros for 2016, corresponding

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  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

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  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

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  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

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  8. Newsletter 111 - 17/03/2017

    Newsletters

    93.41 bln in January The budget primary balance recorded a surplus of 2.12 billion euros in the first... Ministry preliminary budget execution bulletin revealed. This year’s primary surplus beat the target

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  9. 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

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  10. Newsletter 117 - 05/05/2017

    Newsletters

    a 35-month high in April. In its latest quarterly report, the Parliamentary Budget Office (PBO... are implemented this year, they will burden the 2017 budget. It added that the coalition handed out 620

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