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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.
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EconomyMacroeconomy
General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop The Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF).
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EconomyMacroeconomy
Unpaid taxes keep rising, tax audits short of targets Greece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems.
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EconomyMacroeconomy
Budget execution shows primary surplus of 711 mln, 503 mln ahead of target Greece’s budget execution showed a primary surplus of 711 million euros in the 5-month period from a primary deficit of 970 million in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Thursday.
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EconomyMacroeconomy
General gov't primary cash surplus to April at 1.69 bln The Greek general government (gg) primary cash surplus stood at 1.69 billion in the 4-month period (Jan-Apr) from a deficit of 755 million last year, according the gg bulletin released by the Ministry of Finance (MoF).
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EconomyMacroeconomy
Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow The Greek general government (gg) primary cash surplus in the first quarter (Q1) of 2014 more than tripled to 2.5 billion from 770 million in the corresponding period last year, according the gg bulletin released by the Ministry of Finance on Tuesday.
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EconomyMacroeconomy
Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16 The Finance Ministry unveiled on April 30 the Medium-Term Fiscal Strategy (MTFS) for 2015 – 2018, which was also tabled in Parliament. The government aims for the program to be voted through the House by May 5 to coincide with the date of the next Eurogroup.
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EconomyMacroeconomy General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year The Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday.
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EconomyMacroeconomy Primary surplus at 2.1 bln in Feb, ahead of budget execution target Greece’s budget execution showed a primary surplus of 2.1 billion euros to February, more than five times higher than the 487 million posted in the corresponding period last year, according to the preliminary data released by the Ministry of Finance (MoF) on Tuesday.
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EconomyMacroeconomy General gov't cash surplus widened to 2 bln in January The Greek general government (gg) cash surplus in January widened by 32.5 percent to 2 billion euros from 1.51 billion last year, according to the gg bulletin released by the Ministry of Finance on Tuesday.