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

    EconomyMacroeconomy

    far in 2014. This is broadly in line with the Ministry of Finance (MoF) target of collecting legacy...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

    15%

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

    EconomyMacroeconomy

    of 994 million euros are in line with the Ministry of Finance target of collecting legacy tax debt of 1...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

    15%

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

    EconomyMacroeconomy

    The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry... of 763 million euros, landing above target by 1.58 billion euros. Revenues Gross revenues edged down

    15%

  4. Newsletter 144 -15/12/2017

    Newsletters

    against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget.... The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing

    15%

  5. Amid efforts to help banks reduce NPLs, portfolio sales dominate drive to meet 2018 targets

    EconomyBanking

    initiative by the Finance Ministry and the HFSF that will take the form of an Asset Protection Scheme... billion euros. The four bidders were named as Apollo Global, Centerbridge, Fortress and Lone Star. Along

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  6. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    their debts is beneficial for banks, Greek structured finance and covered bond transactions... the 2-billion-euro portfolio: PIMCO, LoneStar, B2Kapital, Fortress in cooperation with doBank

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  7. Primary cash balance deficit at 7.12 bln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance

    15%

  8. Primary cash balance deficit at 13.45 bln in November

    EconomyMacroeconomy

    euros. The aggregate figure for the first eleven months of the year showed that revenues fell by 7.01... of 2020, compared to a surplus of 6.95 billion noted in November 2019, the preliminary Finance

    15%

  9. To Potami aims for rapid rise to third spot in Greek elections
    Photo by MacroPolis

    PoliticsGreek Politics

    liberal parties, Drasi, threw its weight behind To Potami this week. Drasi has tried for a number... to a broad audience. Drasi gained 1.8 percent in the May 2012 elections and teamed up with another liberal... media coverage than other smaller parties. Drasi always found it difficult to convince voters

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  10. Mounting pension protests exert more pressure on coalition
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    Norbert Walter-Borjans, the finance minister of North Rhine-Westphalia to agree a joint declaration..., mostly at UBS. Judicial authorities in Greece have already started inviting account holders to prove

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