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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomybillion coupled with a revenue outperformance of more than 1 billion. The monthly figure displayed a primary surplus of 185 million euros, which is less than compared to last year, on sharp drop in Public... to 19.28 billion, 729 million better than target. This is largely attributed to indirect taxes
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Newsletter 87 - 09/09/2016
million). In addition, the number of tax debtors increased by more than 125,000 from the previous... In July the number of tax debtors increased by more than 125,000 from the previous month to hit 4.13... will need much more than that to convince voters that he is serious about reforming the country
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Newsletter 93 - 21/10/2016
accounted for less than 39 percent of total hirings, which is by far the lowest reading in the course of this year. This means that flexible types of work made up more than 6 out of 10 hirings. The largest.... The breakdown showed hirings reached 230,580 in September, more than offsetting the departures of 222,792
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Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
EconomyMacroeconomyfigure at 1.31 billion, 2.92 billion higher than the target. It should be highlighted that due... billion, 622 million higher than target. In particular, direct taxes rose by 11.3 percent to 17.16... revenues by 11.5 percent to 12.54 billion, 152 million higher than the target. Consumption taxes
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Budget primary surplus at 1 bln in Jan as tax revenues outperform
EconomyMacroeconomyexpenditure and Public Investment Budget (PIB) balance came in 58 and 41 million lower than target...’s figure but 309 million better than target. Revenues Revenues (before tax refunds) rose by 10... to better than expected tax revenues, which improved by 8 percent to 3.81 billion, 255 million higher
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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammeincome below 9,000 euros. Specifically, more than 56 percent of the 418,000 farmers declared annual income lower than the 1,000-euro mark, more than 29 percent income between 1-5,000 euros and 8 percent... declare minimal income (less than 1,000 euros), while for 31.2 percent the declared income ranges
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Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb
EconomyMacroeconomy, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year..., which stood at 734 million. This was 334 million higher than the target, which explains the target... expenditure was just 58 million lower than target. We understand that the government deferred or postponed
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Newsletter 111 - 17/03/2017
they briefed more than 40 SYRIZA MPs about the details of a potential agreement earlier in the week... by 1.26 billion, mainly on the back of significantly lower than targeted primary expenditure (by 866... of Greece, a sum 334 million higher than expected. Meanwhile, primary expenditure decreased notably
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Newsletter 115 - 21/04/2017
percent of GDP for many years to come. The indications from Greece are that a more likely formula than... to 2.7 percent, while its medium-term estimate stands at 1 percent for 2022, lower than its previous... in March, while the Q1 figure plummeted by more than 1 billion to 292 million, from 1.3 billion last year
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Overdue social security contributions climb to 22.5 bln at end of Q1
EconomyMacroeconomyQ1. The released figures show that out of the total overdue stock of 22.49 billion, more than two.... The breakdown shows nearly two thirds of debtors owe less than 15,000 euros each for an aggregate amount of 1.72 billion euros (7.7 percent of total). This bracket includes 410,238 debtors, more than
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