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EconomyMacroeconomy
Greek primary cash surplus more than doubles to 2.45 bln at end of August The Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) on Friday.
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EconomyMacroeconomy
Troika review begins with fiscal targets and tax breaks in focus The troika begins its latest review of the Greek program on Tuesday, just six days before the 2015 draft budget is due to be submitted to Parliament. The focus is on what fiscal targets the government will have and what tax breaks it will be able to offer.
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EconomyMacroeconomy
Sudden jump in unpaid taxes last month takes total to almost 70 bln The rate of increase in Greece’s unpaid taxes significantly accelerated to 1.42 billion in August from around 1 billion in the preceding two months, according to data provided by the General Secretariat of Information Systems today.
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EconomyMacroeconomy
Greek primary cash surplus widens to 3.2 bln in 7-month The Greek general government (gg) primary cash surplus widened by 82.7 percent year on year (YoY) to 3.24 billion in the 7-month period of 2014 from 1.77 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) today.
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EconomyMacroeconomy
Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln The rate of rise in Greece’s unpaid taxes remained virtually unchanged at 1.01 billion in July from 1.03 billion in June, according to data provided by the General Secretariat of Information Systems.
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EconomyMacroeconomy
Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July Greece’s budget primary surplus widened to 2.28 billion euros in the 7-month period from 707 million posted in the first half of the year, according to the final budget execution bulletin released by the Ministry of Finance (MoF).
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EconomyMacroeconomy
State budget primary surplus widens to 2.28 bln at end of July after rise in revenues Greece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period from 707 million posted in the first half of the year, according to the preliminary data released by the Ministry of Finance (MoF) on Wednesday.
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EconomyMacroeconomy
Finance Ministry scrambles to correct property tax after error-strewn debut After months of discussions and planning, the launch of the unified real estate property tax (ENFIA) earlier this month foundered on a number of problems, which caused the government embarrassment and left the Finance Ministry with plenty of revision work to do.
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EconomyMacroeconomy
Greek primary cash surplus reaches 1.8 bln in H1 2014 The Greek general government (gg) primary cash surplus stood at 1.8 billion euros in the first half of the year from a deficit of 1.86 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF) on Thursday.
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EconomyMacroeconomy
Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat of Information Systems, which also revealed that most tax collection targets are being missed.