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  1. Newsletter 271 -30/10/2020

    Newsletters

    at 7.01 bln September figure confirmed as missing target by 9.58 billion euros The budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus

    14%

  2. Troika inquiry: talk to the organ grinder, not the monkey

    Agora

    transfers? Should Ireland’s citizenry really repay all of its banks’ foolish borrowing? What... of answer. They were all about making sure that periphery governments and banks would repay all...: they did not plausibly have the future income streams to repay all of their debts. Creditors weren

    11%

  3. UN steers clear of Cyprus blame game as focus moves to hydrocarbons
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    to restart any reunification process. “We don’t see there being a process,” he said. “Given the number... that clearly exist, otherwise I think it will be even more difficult to restart any process.” His comments... developments on the energy issue. Nicosia is ready to restart reunification talks when

    11%

  4. Revenues at 4.77 bln in Oct, beating target for fourth straight month

    Economy

    The final budget execution to October confirmed preliminary figures, released by the Ministry of Finance (MoF) on November 13, showing revenues beating monthly targets by 763 million euros for the fourth straight month. The year-to-date previous revenue shortfall, which peaked to 1.61 billion euros

    10%

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

    PoliticsGreek Politics

    euros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year

    10%

  6. 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%

  7. 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%

  8. 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

    10%

  9. 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%

  10. 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

    10%