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  1. Budget primary confirmed at deficit of 9.07 bln in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , as mentioned, 53 million euros or 0.1 percent higher than the target of 38.56 billion euros. State... to the pandemic which came to 1 billion euros. State budget expenditures for the aggregate period were higher than... at 4.44 billion, above target by 1.68 billion. Aggregate PIB expenditure came to 7.01 billion

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  2. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    will be replaced by someone who is a political rather than technocratic appointee. There is pressure... euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year

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  3. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    but the weak performance in June more than offset the previously posted outperformance....The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat

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  4. Primary cash surplus widens to 2.85 bln in Q1

    EconomyMacroeconomy

    of 132 million euros in March almost 80 percent lower than last year. However, the Q1 PIB surplus.... In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million

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  5. Newsletter 144 -15/12/2017

    Newsletters

    properties worth up to 280,000 euros out of banks’ hands if their owners’ debts are less than 200,000.... The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing

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  6. Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF..., lower than the target by 208 million euros. Expenditure Overall expenditure in the first nine months

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  7. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    of public protests against austerity. Often the public rhetoric obscures rather than conveys...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... more than twice the size of the entire public procurement bill. However successive governments have

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  8. Newsletter 203 -15/04/2019

    Newsletters

    More voter-friendly measures eyed Tsipras vows to leave tax-free threshold untouched as EC hints... scrapping the tax measure than there was regarding the pension cuts. In the run-up to the European... defeat next month, this would make the result of general election less of a foregone conclusion than

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  9. Newsletter 62 - 12/02/2016

    Newsletters

    Pensions remain central issue Positive hints from Eurogroup as IMF calls for more measures... relations with the EU over the refugee crisis appear on a more even keel than they were a few weeks ago... is perhaps bigger than all the other challenges facing Tsipras. In its first period in government, between

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  10. Newsletter 82 - 15/07/2016

    Newsletters

    in Greece more than double to 25.4 percent in 2035, from 11.5 percent in 2014. A report submitted... hints at changes to electoral bill Govt at loggerheads with judiciary over Siemens trial suspension... electoral law. The premier’s less-than-confident statement highlights the difficulties the coalition has

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