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Third review seen taking longer than Athens had hoped
PoliticsGreek PoliticsDiscussions between Greek government officials and members of the technical teams dispatched to Athens by the institutions continued on Wednesday, amid suggestions that the coalition’s hopes of a swift conclusion to the review are likely to be dashed.
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Third review agenda becoming more complex for Tsipras
PoliticsGreek PoliticsThe third review began in earnest on Monday with the arrival of the technical teams representing Greece’s lenders and an agenda that seems to be broadening by the day.
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Sharp rise of 2.01 bln in July for unpaid taxes
EconomyMacroeconomyGreece’s new tax debt rose rose sharply to 2.01 billion euros in July, almost three times the figure of 727 million euros in June, the Independent Authority of Public Revenues’ (IAPR) data revealed.
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus came to 4.10 billion in the first seven months of the year according to the Finance Ministry’s (MoF) gg bulletin.
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyThe budget primary surplus was confirmed at 3.02 billion euros in the July, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyGreece’s central government primary cash balance stood at a deficit of 46 million euros in the first seven months of 2017 from a surplus of 2.38 billion last year, Bank of Greece (BoG) data revealed on Friday.
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Budget primary surplus at 3.05 bln in 7-month, above target on underspend
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.05 billion euros in the first seven months of 2017, up by 12.4 percent from last year’s figure of 2.72 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.
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New overdue tax obligations reach 727 mln in June, total at 95.6 bln
EconomyMacroeconomyGreece’s new tax debt rose to 727 million euros in June, up slightly from 717 million euros in May, the Independent Authority of Public Revenues’ (IAPR) data revealed.
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomyGreece’s general government (gg) primary cash surplus fell by 807 million euros from the previous year to 2.63 billion in the first six months of 2017 according to the Finance Ministry’s (MoF) gg bulletin.
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesTourism could generate an additional 5 billion euros for the Greek economy annually according to new research by the National Bank of Greece (NBG).