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VAT and income tax drive budget performance in Jun, interest bill above target by 741 mln
EconomyMacroeconomybalance is better than the target by 1.8 billion euros. Revenues Net revenues for the period stood...The budget primary balance in June was confirmed to be a surplus of 2.12 billion euros, compared..., came to 24.39 billion euros. Net revenues came to 30.88 billion euros. The budget balance up
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Income tax, VAT help generate 3.56 bln budget surplus in July as interest expenses exceed 5 bln
EconomyMacroeconomyeuros. Net revenues came to 37.15 billion euros. The budget balance up to July showed a deficit of 1.44 billion euros, from a 4.59-billion-euro deficit in 2022. The overall balance is better than...The budget primary balance in July was confirmed at a surplus of 3.56 billion euros, compared
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Budget overperformance in Aug fuelled by VAT and income tax, spending significantly contained
EconomyMacroeconomy. The overall balance is better than the target by 2.33 billion euros. Revenues Net revenues for the period...The budget primary balance in August was confirmed at a surplus of 5.6 billion euros, compared... budget, came to 32.12 billion euros. Net revenues came to 43.12 billion euros. The budget balance up
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomy. The overall balance is better than the target by 2.31 billion euros. Revenues Net revenues for the period...The budget primary balance in September was confirmed at a surplus of almost 6 billion euros... budget, came to 36.3 billion euros. Net revenues came to 48.3 billion euros. The budget balance up
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Greece - Some structural macroeconomic arithmetic
Agoraof the recession of the 2010s. The working-age population (WAP) is declining even faster than... lower than any of the impressions suggested by Table 1. How could this affect the interpretation... on the upside, less than 1 percent would be recommended, letting automatic stabilizers compress the deficit
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Final budget data for Oct verifies solid tax revenues on back of indirect and income tax haul
EconomyMacroeconomy. The overall balance is better than the target by 480 billion euros. It should be noted that the targets...The budget primary balance in October was confirmed at a surplus of over 6 billion euros, compared... outperformed by more than 5.6 billion euros. Expenditure, excluding interest payments and the public
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Newsletter 419 - 05/04/2024
a preliminary judicial inquiry into the accident. Also, less than one in three Greeks (27 pct) trust..., and significantly more moderate than the drops in the region of 11 pct at the end of last year. Food..., a significant drop of more than 37 pct, from the 8 billion euros of 2022. That said, FDI in 2022
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Newsletter 422 - 26/04/2024
of the vote could dip close to or even below 30 pct, which would be substantially lower than the almost 41 pct... the next 24 months if the debt ratio falls more sharply than assumed and economic outcomes outperform..., with the primary balance exceeding 4 billion euros and reaching 1.9 pct of GDP, when the government had
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Where is Odysseus? Part 1 - Demographics
Agorathen be quantified, discounted to a net present value, and illustrated in an intertemporal balance sheet to show..., including: constant current account deficits in the balance of payments; accumulating debt; and inflation... in the future than in the past. This follows from the decline in the population and in the number
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How Greek banks can balance on the collateral tightrope
Agora(less than 60 days past due) and GGBs. These haircuts are not publicly disclosed. The breakdown of ELA... the system at a higher pace, than the government would be left with hardly any time to conclude
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