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  1. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    10%

  2. Unpaid taxes keep rising, tax audits short of targets

    EconomyMacroeconomy

    Greece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands

    10%

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

    EconomyMacroeconomy

    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 of Information Systems, which also revealed that most tax collection targets are being missed. The June

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  4. Primary cash surplus widens to 2.85 bln in Q1

    EconomyMacroeconomy

    Greece’s central government primary cash balance improved to 2.85 billion euros in the first quarter (Q1) of 2016 from 1.19 billion last year, Bank of Greece (BoG) figures showed on Wednesday. In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million

    10%

  5. Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise
    Photo by MacroPolis

    EconomyMacroeconomy

    of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down

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  6. Newsletter 144 -15/12/2017

    Newsletters

    . The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing

    10%

  7. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    The European Central Bank (ECB) President Mario Draghi confirmed in a press conference on Thursday...”, Draghi said the ECB decided that countries such as Greece and Cyprus with a credit rating below... be able to participate in ECB purchases at beginning of 2015 if the early exit takes place. Draghi said

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  8. What higher ECB haircuts on collateral could mean for Greek banks' liquidity
    Photo by MacroPolis

    Economy

    conference, ECB President Mario Draghi emphasised that the governing council may have to review.... Draghi stressed that the higher Greek government bond (GGB) yields and volatility warrant a review... the ELA mechanism is more than 30 billion. Draghi repeated on Friday that ELA is available for Greek

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  9. Greece expects no surprises from ECB despite questioning chances of deal

    PoliticsGreek Politics

    Draghi with the impression that there will be no negative impact from today’s governing council..., upbeat comment. “Today’s meeting with the ECB president Mario Draghi was a constructive one,” he..., moments before Dragasakis was due to meet Draghi. After all, the deputy prime minister’s main goal

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  10. SYRIZA prepares to debate deal as Tsipras's options narrow

    PoliticsGreek Politics

    , where European Central Bank president Mario Draghi who said that there has to be a credible... time that Draghi has indicated he would like to see a disbursement before the ECB takes any decisions. Draghi also repeated several times the need for a “strong programme,” both in design

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