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  1. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    to the adoption of tax relief measures such as the suspension of VAT payments and the assessed debts... as an incentive if they paid their debts on time (VAT and assessed taxes). State budget net revenues

    12%

  2. Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    by the government such as the suspension of VAT payments and the assessed debts to the companies affected... their debts on time (VAT and assessed taxes). State budget net revenues came to 19.23 billion euros

    12%

  3. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    of the decrease was mainly due to the adoption of tax relief measures such as the suspension of VAT... as the provision of a 25 percent discount as an incentive if they paid their debts on time (VAT

    12%

  4. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    the target by 1.40 billion euros. VAT revenues missed their target by 1.74 billion euros during... or 14.1 percent. This was followed by sales of fixed assets by 314 million euros or 98.8 percent and VAT

    12%

  5. Budget primary confirmed at deficit of 5.48 bln in August

    EconomyMacroeconomy

    on goods and services were below the target by 1.60 billion euros. VAT revenues missed their target... euros and VAT on fuel by 371 million. Expenditure Primary expenditure came to 3.99 billion in August

    12%

  6. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    were below the target by 130 million euros. VAT revenues missed their target by 2.23 billion euros... euros. This was followed by sales of fixed assets by 314 million euros and VAT on fuel by 318 million

    12%

  7. Finance Ministry grapples with escalating cost of pandemic

    Economy

    euros. · The reduced VAT rates on coffee and non-alcoholic beverages, transport, cinemas and theatres is extended until September 30. The reduction of VAT in tourism package is extended until December

    12%

  8. Newsletter 284 - 12/02/2021

    Newsletters

    . The cost in March for this measure is 70 million euros. · The reduced VAT rates on coffee and non-alcoholic beverages, transport, cinemas and theatres is extended until September 30. The reduction of VAT

    12%

  9. Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
    Finance Ministry

    EconomyMacroeconomy

    by 9 million euros. Broken down by category, VAT was below its target by 95 million euros, or 5.9 percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5

    12%

  10. Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
    Photo by MacroPolis

    EconomyMacroeconomy

    that the overperformance was mainly due to VAT in other products by 99 million, transfers of 105... euros, below target by 22 million. Broken down by category, VAT was below its target by 384 million

    12%