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EconomyMacroeconomy
General gov't primary surplus halves in Q1, arrears and guarantees jump The general government (gg) primary cash surplus more than halved to 1.19 billion in the first quarter (Q1) of 2015 from 2.45 billion last year, according the gg bulletin published by the Ministry of Finance (MoF).
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EconomyMacroeconomy
New fiscal measures aim to edge Greece closer to deal with lenders Greece and its lenders appear to be progressing towards a deal after weeks of deliberations and disagreement, with Athens having reportedly agreed on a set of fiscal measures.
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EconomyMacroeconomy
Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure Greece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures had been released on April 16.
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EconomyMacroeconomy
New unpaid taxes rising steadily, reach 3.5 bln in Q1 Greece’s new unpaid taxes slipped to 989 million in March from 1.16 billion in February, according to data released by the General Secretariat of Information Systems (GSIS).
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EconomyMacroeconomy
Lower spending, extra revenues result in budget execution beating targets in March Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion, up 12.6 percent, while the 2-month underperformance of 173 million turned to an over-performance of 1.62 billion, according to the Finance Ministry (MoF) preliminary budget bulletin published today.
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EconomyMacroeconomy General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up The general government (gg) primary cash balance showed the surplus shrinking by more than two thirds year on year (YoY), landing at 1.02 billion euros in the first two months of 2015 from 3.17 billion in the corresponding period last year, according to the bulletin published by the Ministry of Finance (MoF) on Tuesday.
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EconomyMacroeconomy
Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate Greece’s new unpaid taxes eased to 1.16 billion euros in February from 1.32 billion in January, according to data released by the General Secretariat of Information Systems (GSIS).
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EconomyMacroeconomy
Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss target Greece’s primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin.
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EconomyMacroeconomy
Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it The Finance Ministry (MoF) tabled in Parliament on Wednesday evening the draft bill for the “rebooting of the economy”, which mainly includes the government’s intervention for the settlement of tax and social security contribution (SSC) arrears.
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EconomyMacroeconomy
General gov't primary surplus shrinks to 419 mln in January The Greek general government (gg) primary cash balance showed the surplus shrinking to 419 million euros in January 2015, much lower than the 1.88 billion euros posted in January 2014, according the gg bulletin published by the Ministry of Finance (MoF).