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Revenues
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EconomyMacroeconomy
General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 bln Greece’s general government (gg) primary cash surplus expanded by 1.33 billion to 3.9 billion in the 8-month period of 2016 from 2.56 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Wednesday.
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EconomyMacroeconomy
Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4 The Greek Finance Ministry announced ahead of schedule on Tuesday afternoon the revenue evolution for September, which showed a notable outperformance against the targets.
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EconomyMacroeconomy
Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln The Finance Ministry (MoF) tabled in Parliament’s Economic Affairs Committee on Monday the 2017 draft budget, which contains its fiscal estimates and the interventions needed to achieve them, as well as the underlying macro assumptions.
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EconomyMacroeconomy
New overdue taxes climb 1.4 bln in Aug, total stock edges up to 91.6 bln Greece’s new tax debt climbed to 1.37 billion euros in August from 811 million in July, General Secretariat of Public Revenues (GSPR) data shows.
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EconomyMacroeconomy
Who pays property tax and how much revealed by Greek authorities The General Secretariat of Public Revenues (GSPR) published on Tuesday evening the results of the single property tax (ENFIA) settlement along with comparisons to last year. It also provided insight into who paid the levy.
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EconomyMacroeconomy
General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln Greece’s general government (gg) primary cash surplus grew by almost 1.7 billion euros to 4.02 billion in the 7-month period of 2016 from 2.33 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
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Economy Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows The European Commission (EC) published a report on Tuesday examining the evolution of the VAT gap in EU countries based on the most recent data available, from 2014.
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EconomyMacroeconomy
Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues Along with the release of unpaid taxes on Monday, the General Secretariat of Public Revenues (GSPR) provided an update on the collection of key taxes, namely personal and corporate income tax and VAT, in July.
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EconomyMacroeconomy
New overdue taxes increase by 811 mln in July, total stock at 90.4 bln Greece’s new unpaid taxes rose by 811 million euros in July 2016, which is a decelerating pace compared to the increase by 1.22 billion euros recorded in the previous month, General Secretariat of Public Revenues (GSPR) data showed on Monday.
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EconomyMacroeconomy
Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July Greece’s budget primary surplus fell by 4.4 percent to 3.55 billion in the 7-month period of 2016 from 3.71 billion last year, the Finance Ministry (MoF) final budget execution bulletin displayed on Friday. Preliminary figures were released on August 16.