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  1. Greek current account deficit widens by 32.4 pct in November despite services surplus
    Photo by MacroPolis

    EconomyMacroeconomy

    in the trade deficit reflects higher net oil import bill largely offset by lower net payments... deficit by 366 million compensated by lower current transfers’ surplus (by 1.05 billion) and increased... surplus and receipts indicates lower spending per trip, which fell by 9 percent in the 10-month period

    6%

  2. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    ) of 2015 largely stems from lower primary expenditure (1.18 billion) and a higher Public Investment Budget (PIB) surplus (857 million). This offset the lower revenues for the period (389 million... expenditure was 589 million lower than target, while PIB revenues were also 471 million above

    6%

  3. Greek DSA: Don't Say Anything about the debt
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    Agora

    materialised, such as lower primary surplus in 2014 and higher debt in the end of 2014, or changes... agreed with Greece's lenders, like the lower target of primary surpluses starting from this year. Then we present a combined impact on the baseline scenario, which consists of permanently lower

    6%

  4. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    budget bulletin published on Monday. The reading is 60 million euros lower than the preliminary figure... outperformance (275 million better than target). The primary surplus outperformance stems from: a) Lower... reflects lower income tax (339 million) and direct tax arrears (389 million), against higher property taxes

    6%

  5. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    as lower goods and secondary income deficits by 75 and 32 million respectively, while primary income... that this improvement mainly reflects lower net payments for ship purchases, while the net oil... by 211 million and lower services surplus by 184 million more than offsetting an narrowing

    6%

  6. Marked improvement for budget execution in Oct, primary surplus outperformance extended

    EconomyMacroeconomy

    in the 9-month period. The year to date over-performance is largely attributed to lower primary expenditure (by 2.82 billion), higher Public Investment Budget (PIB) balance (by 821 million) and lower tax... led the 10-month budget deficit to 808 million euros, two-thirds lower than last year’s figure

    6%

  7. Newsletter 59 - 22/01/2016

    Newsletters

    ) from the self-employed and farmers and the new replacement rates leading to lower pensions... not produced an agreement, despite earlier indications that both sides would agree on a lower SSC... including, among others, a request for lower replacement rates than those proposed by the government

    6%

  8. Budget primary surplus of 1.19 bln in Jan markedly better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    just 52 million last year), coupled with a rise in revenues (before tax refunds) and lower primary... by 886 million due to lower primary expenditure (by 438 million) and PIB balance outperformance... million lower than target. As a result, net revenues rose by 4.7 percent to 3.65 million, almost spot

    6%

  9. Programme review talks continue, progress on tax, pensions and NPLs at a premium
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    EconomyProgramme

    , with the lower rate of 22 percent to be applied for annual incomes up to 22,000. Until now, this rate... result in higher taxes for taxpayers with annual income between 7,000 and 25,000 euros and a lower tax... tax break. Both the government and the quadriga proposals result in lower tax for those self

    6%

  10. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    million) and future (43 million) supplementary pensions – 326 million. 3) Lower pensions for new... million. 5) No increase in pensions in 2018 – 187 million. 6) Lower pensions for surviving relatives – 122 million. 7) Lower expenditure for unpaid obligations related to lump-sums pensions – 118 million

    6%