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VAT, income taxes lead budget outperformance as primary balance deficit eases to 1.16 bln in Jul
EconomyMacroeconomyThe budget primary balance for the seven months of 2022 came to a deficit of 1.16 billion euros... Finance Ministry (MoF) budget execution data released on Thursday. The primary balance beat... billion euros. The budget balance up to July came to a deficit of 4.59 billion euros, from a 12.52-billion
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Travel receipts reach 8.55 bln up to July, balance of 7.71 bln beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 3.52 billion euros in July, from 2.42 billion euros in June, according to Bank of Greece (BoG) data released on Wednesday. July’s balance... pandemic. Most notably, July’s balance is even higher than the 3.47 billion euros of July 2019
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyThe budget primary balance for the first eight months of 2022 came to a small surplus of 20 million... to the final Finance Ministry (MoF) budget execution data released on Monday. The primary balance beat... by 5.7 billion euros. The budget balance up to August came to a deficit of 4.1 billion euros, from
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Travel balance of 14.13 bln to Sep beats 2019 record
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 2.67 billion euros in September, from a 3.83-billion... balance was significantly higher than the 1.98 billion euros registered in September 2021. It was also... that was severely impacted by the Covid-19 pandemic. Most notably, August’s balance is just short of the 2.67
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Budget primary balance to Nov beats target by 1.15 bln as taxes outperform
EconomyMacroeconomyThe budget primary balance for the eleven months of 2022 came to a deficit of 1.09 billion euros.... This means that the primary balance now beats the target by 1.15 billion euros. The overperformance up... investment budget, came to 47.63 billion euros. Net revenues reached 53.43 billion euros. The budget balance
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Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion euros in October, according to Bank of Greece (BoG) data released on Monday. November’s balance... pandemic. Most notably, November’s balance is higher than the 108.8 million euros of November 2019
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Budget primary balance beats target by 2.39 bln in Feb as taxes outperform
EconomyMacroeconomyThe budget primary balance in February came to a surplus of 4.2 billion euros, compared... budget, came to 7.46 billion euros. Net revenues came to 12.95 billion euros. The budget balance up.... The overall balance is better than the target by 2.26 billion euros. Revenues Net revenues
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Credit growth slows in Feb, loans balance stable at 113.35 bln
EconomyMacroeconomyby 27 million euros, after a drop of 2.02 billion euros in January. The outstanding balance decreased to 113.35 billion euros, from 113.4 billion euros in January. The corporate lending balance’s net... was negative by 90 million euros. The balance stood at 62.42 billion euros. Credit to insurance corporations
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Travel balance up 16 pct YoY in Apr, at 1.49 bln in first four months
EconomyMacroeconomyGreece’s travel balance recorded a surplus of 498.2 million euros in April, from 100.2 million euros in March, according to Bank of Greece (BoG) data released on Wednesday. April’s balance was roughly 16 percent higher than the 429.2 million euros registered in April 2022. The balance in April 2021
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VAT, income taxes help push May budget primary balance above target by more than 3 bln
EconomyMacroeconomyThe budget primary balance in May was confirmed to be a surplus of 2.3 billion euros, compared... budget, came to 20.59 billion euros. Net revenues came to 26.25 billion euros. The budget balance up... balance is better than the target by 3.33 billion euros. Revenues Net revenues for the period stood
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