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Draghi sets out QE obstacles facing Greece
EconomyProgrammeEuropean Central Bank president Mario Draghi confirmed on Monday that Greece has little chance of being included in the QE programme.
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General govt primary cash surplus at 1.65 bln in May on slower expenditure decline
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 1.65 billion euros in the first five months of the year, falling by 571 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomyEnhanced credit card usage in Greece could capture revenues that exceed the annual inflows from the single property tax (ENFIA), a study by the Foundation for Economic and Industrial Research (IOBE) has shown.
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New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month
EconomyMacroeconomyGreece’s new tax debt rose by 610 million in May, increasing slightly from April’s rise of 599 million, data from the Independent Authority of Public Revenues (IAPR) has shown.
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May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
EconomyMacroeconomyThe budget primary balance was confirmed at a surplus of 1.53 billion euros in the first five months of 2018, the Finance Ministry (MoF) final budget execution bulletin for May showed on Monday.
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Travel balance down by 29 pct in April as receipts slump
EconomyMacroeconomyGreece’s travel balance fell by 29 percent year-on-year (YoY) in April, dropping into negative territory after March’s growth of 48.30 percent, Bank of Greece (BoG) data revealed on Thursday.
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Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 6.40 billion euros in the first five months of the year, Bank of Greece (BoG) figures showed on Monday.
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Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 1.54 billion euros in the first five months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for May showed on Thursday.
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New overdue taxes rise by 599 mln in April, total stock continues to grow
EconomyMacroeconomyGreece’s new tax debt rose by 599 million in April, down from the increase of 776 million in March, data from the Independent Authority of Public Revenues (IAPR) has revealed.
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus amounted to 2.42 billion in the first four months of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.