MacroPolis

Extra taxation did not increase revenues in 2017

By: Omaira Gill

Increases in tax rates across 2017 by the application of new tax scales and methods of calculation for tax payable by the self-employed did not lead to higher revenues for the government in 2017, according to the latest data from ELSTAT.

General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln

Greece’s general government (gg) primary cash surplus ​amounted to 3.26 billion in the first two months of 2018, up by 809 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.

General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln

Greece’s general government (gg) primary cash surplus ​amounted to 1.98 bln in January, up by 621 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.

Athens puts off bond sale, has fiscal concerns to address

Greek authorities decided on Tuesday to put off plans to begin the book-building process for the 7-year bond that Athens wants to issue due to volatility on the international markets.

General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln

​Greece’s general government (gg) primary cash surplus ​amounted to 5.93 billion euros in the in the full year of 2017, up by 1.07 billion compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.

Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall

The budget primary balance was confirmed at a surplus of 1.94 billion euros across the full 12 months of 2017, down by 30.1 percent against the figure for 2016, the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday.

General govt primary cash surplus at 7.15 bln in Nov, arrears reduced further

Greece’s general government (gg) primary cash surplus ​amounted to 7.15 billion eurso in the first 11 months of 2017, up by 701 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.

Budget primary surplus at 4.65 bln in 11-month on lower expenditure

The budget primary balance was confirmed at a surplus of 4.65 billion euros in the first 11 months of 2017, down by 19.3 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday.

Budget passed but coalition handouts draw attention

The 2018 budget was approved by Parliament with no problems for the government, although it appears that the coalition may have some explaining to do to the institutions over the package of handouts announced over the last few days.

Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise

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 (MoF) preliminary budget execution bulletin showed on Thursday.