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Budget primary surplus at 4.48 bln in September
EconomyMacroeconomy, higher than the target by 1.94 billion euros or 4.8 percent. The full revenue breakdown will be provided... billion euros in the aggregate period, higher than their target by 344 million euros. Compared..., and standing 4.3 percent higher than for the same time last year. Expenditure Primary expenditure came
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesin order to kick-start the country’s stagnant property market. This would bring more than 100,000 unsold... the numbers for 2018 picked up, they were still around 85 percent lower than that for 2005, and the majority of the projects concerned involved refurbishments rather than new builds. Property sales
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Sept budget primary surplus confirmed at 4.47 bln, well above target
EconomyMacroeconomythan the target by 1.94 billion euros or 4.8 percent. A breakdown of revenues showed improvements... million (-5.4 percent). Tax refunds came to 3.52 billion euros in the aggregate period, higher than..., beating their target by 1.60 billion euros, and standing 4.3 percent higher than for the same time last
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Newsletter 226 -01/11/2019
than 20 percent of total debt, or less than 40 percent of GDP. The budget primary balance recorded... billion euros. On an aggregate basis, gross revenues came to 42.04 billion euros, higher than
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Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... amounts. A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each... than the amount for 2016 by 28.4 percent. For 2018, total revenue collection came to 1.37 billion
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Budget primary surplus at 5.76 bln in October as expenditure drops
EconomyMacroeconomymillion euros. On an aggregate basis, gross revenues came to 47.32 billion euros, higher than the target... billion euros in the aggregate period, higher than their target by 358 million euros. Compared to the same..., and standing 5.6 percent higher than for the same time last year. Expenditure Primary expenditure came
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyversion of early October. The economic assumptions underpinning the budget remain more ambitious than.... Public spending growth will more than halve compared to this year at 0.6 percent, while exports... billion euros, more than 1 percent of GDP. Public debt will remain broadly unchanged at 329.5
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Unemployment edges down to 16.8 pct in September
EconomyMacroeconomyErgani database for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came... hirings than departures. Ergani noted that this represented the second highest employment balance
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Unemployment edges down to 16.6 pct in October
EconomyMacroeconomydatabase for November showed that there were 30,559 more firings than hirings. Compared to the same month last year, there were 2,690 fewer people fired than hired. Total hirings came to 208,583 versus... as voluntary departures. In the aggregate period, the employment balance showed 131,310 more hirings than
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyinvestment spending appear higher at state budget level than it was. In a statement accompanying... that the Public Investment Budget (PIB) execution last year was better than 2018 because in the previous... general government spending on investments was 3.69 billion euros, which was 800 million euros more than
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