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EconomyMacroeconomy
General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln Greece’s general government (gg) primary cash surplus edged up by 35 million euros from the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed.
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EconomyMacroeconomy
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April The budget primary surplus was 928 million euros above target on strong underspend, the Finance Ministry’s (MoF) final budget execution bulletin showed.
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EconomyMacroeconomy
Primary cash balance records deficit of 404 mln euros in 4-month period Greece’s central government primary cash balance turned to a deficit of 404 million euros in the first four months of 2017 Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections In addition to fiscal forecasts and interventions for the coming years, the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 has updated state budget estimates for 2017.
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EconomyMacroeconomy
Budget primary surplus hits 1.74 bln in 4-month, beating target on strong underspend The budget primary balance posted a surplus of 1.74 billion euros in the 4-month period of 2017, down by 9 percent from last year’s figure of 1.9 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Monday.
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EconomyProgramme
Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year The government tabled in Parliament on Saturday night the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 as the last article in the 275-page multi-bill containing the measures needed for the conclusion of the second programme review.
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EconomyMacroeconomy
EC lowers growth forecasts, sees fiscal targets within reach The recovery of the Greek economy is expected to restart this year, largely on the back of improving consumer and investor sentiment, the European Commission (EC) noted in its spring economic forecasts published on Thursday.
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EconomyMacroeconomy
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln Greece’s general government (gg) primary cash surplus dropped by 1.17 billion euros to 2.04 billion in the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Friday.
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EconomyMacroeconomy
Overdue social security contributions climb to 22.5 bln at end of Q1 The stock of unpaid social security contributions (SSCs) jumped to 22.49 billion euros at the end of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin from the Centre for the Collection of Social Security Arrears (KEAO) revealed on Thursday.
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EconomyMacroeconomy
Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln Greece’s new tax debt increased at a decelerating pace for the second straight month in March, when it rose by 658 million euros compared to a 989-million-euro increase in the previous month, Independent Authority of Public Revenues (IAPR) data showed on Thursday.