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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus improved to 3.14 billion euros in the 9-month period of 2014 from 1.86 billion last year, a 69 percent year on year (YoY) rise, according the bulletin published by the Ministry of Finance (MoF) on Thursday.
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Unpaid taxes for September fall to 1.03 bln but up 56.5 pct so far this year
EconomyMacroeconomyAfter peaking at 1.42 billion euros in August, the monthly rate of Greece’s unpaid taxes dropped to 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.
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Here's what's in the 2015 draft budget the Greek government has just unveiled
EconomyMacroeconomyThe Greek Finance Ministry (MoF) submitted the 2015 draft budget on Monday, with the headline figures confirming earlier reports regarding next year's surplus and other fiscal targets.
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe 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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Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomyThe 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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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyThe 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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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyThe 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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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomyThe 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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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyGreece’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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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomyGreece’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.