MacroPolis

New overdue tax obligations increase by 989 mln in Feb, stock reaches 94 bln

Greece’s new tax debt rose at a slower pace of 989 million euros in February after an increase by 1.63 billion in January, the Independent Authority of Public Revenues (IAPR) data revealed on Monday.

Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1

The budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin.

Primary surplus up to 3.9 pct of GDP in 2016, far above target

Greece’s general government primary surplus climbed to 3.9 percent of GDP in 2016, according Hellenic Statistical Authority (ELSTAT) first notification published on Friday.

Primary cash balance turns to 295 mln deficit in Q1

Greece’s central government primary cash balance turned to a deficit of 295 million euros in the 3-month period of 2017 from surplus of 2.85 billion a year ago, Bank of Greece (BoG) figures showed on Thursday.

IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022

A day after the publication of its World Economic Outlook (WEO), the IMF released on Wednesday its Fiscal Monitor, which provided its updated fiscal estimates.

Budget primary surplus falls to 1.1 bln in Q1, slightly above target

The budget primary balance recorded a surplus of 1.07 billion euros in the first quarter (Q1), which was 42.7 percent lower than the figure of 1.86 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Tuesday.

Since 2010, declared income has plummeted but tax due has risen

By: Manos Giakoumis

The publication by the Independent Authority of Public Revenue (IAPR) of the annual statistical bulletins provided revealing information about the composition personal income tax and its evolution over the past few years.

Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt

The Independent Authority of Public Revenue (IAPR) published on Monday its annual report for 2016, which revealed useful data on the composition of Greece’s tax debt.

General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month

Greece’s general government (gg) primary cash surplus fell by 430 million euros to 2.61 billion in the 2-month period of 2017 from 3.04 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday evening.

Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb

The budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday.