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General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus almost tripled to 3.22 billion euros in the first quarter (Q1) of 2016 from 1.1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday.
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomyGreece’s budget primary surplus in the first quarter of 2016 was confirmed at 2.67 billion euros, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance Ministry’s final budget bulletin.
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammeOne of the main interventions that the reform bill introduces is that all main pension funds are consolidated into the new National Security Body with a unified methodology applied for the calculation of social security contributions as of 2017, as well as for granting pensions as of 2016.
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Budget primary surplus of 2.68 bln in first quarter, but March trims outperformance
EconomyMacroeconomyGreece’s budget primary surplus climbed to 2.68 billion in the first quarter of 2016 from 1.73 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.
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General government primary cash surplus triples to 3 bln by February, arrears climb to 6.1 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus tripled to 3 billion in the first two months of 2016 from 1 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday.
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomyThe Greek government appears to have prepared proposals for a range of tax measures to discuss with the mission chiefs in Athens as efforts to close the programme review intensify.
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Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus for the first two months of 2016 was confirmed at 3.04 billion euros from 1.24 billion last year, according to Wednesday’s Finance Ministry (MoF) final budget bulletin displayed.
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Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010
EconomyMacroeconomyThe annual report of the General Secretariat of Public Revenues (GSPR) revealed that 60 percent of the outstanding tax debt of 86.3 billion was created during the crisis years. In specific, 40.2 percent of unpaid taxes was created before 2011, 44.4 percent within 2011-2014 and 15.4 percent in 2015.
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Budget primary surplus surges to 3.04 billion, extending outperformance
EconomyMacroeconomyGreece’s budget primary surplus soared to 3.04 billion in the 2-month period of 2016 from 1.24 billion last year, the Finance Ministry (MoF) preliminary budget bulletin showed on Friday.
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General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus more than tripled to 1.27 billion euros in January 2016 from 381 million last year, according to the Finance Ministry (MoF) gg bulletin published on Thursday.