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Overdue social security contributions rise to 37.4 bln in Q3
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) increased to 37.40 billion in the third quarter (Q3) of 2020, rising by 393 million compared to the figure of 37 billion euros registered in the second quarter (Q2) of 2020, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 9.07 billion euros in the first ten months of the year compared to a surplus of 5.64 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget primary confirmed at deficit of 9.07 bln in October
EconomyMacroeconomyThe budget primary balance recorded a deficit of 9.07 billion euros in the first ten months of 2020, compared to a surplus of 5.74 billion noted in October 2019, the final Finance Ministry (MoF) budget execution bulletin for October showed on Wednesday.
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Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
EconomyMacroeconomyWith Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October.
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Primary cash balance at deficit of 9.04 bln in October
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 9.04 billion euros in the first ten months of the year according to figures released by the Bank of Greece (BoG).
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New tax debt at 3.90 bln to September, up by 695 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 695 million euros in September, data from the Independent Authority of Public Revenues (IAPR) has shown.
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyGreece’s general government (gg) primary cash deficit came to 7.01 billion euros in the first nine months of the year compared to a surplus of 4.53 billion in the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the final Finance Ministry (MoF) budget execution bulletin for September confirmed on Monday.
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 7.12 billion euros in the first nine months of the year according to figures released by the Bank of Greece (BoG).
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomyThe budget primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared to a surplus of 4.47 billion noted in September 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for September showed on Thursday.