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Sharp monthly rise in unpaid taxes to 1.59 bln for November
EconomyMacroeconomyGreece’s unpaid taxes jumped to 1.59 billion euros in November from 1.22 billion in October, according to data released on Monday by the General Secretariat of Information Systems (GSIS).
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Greek primary cash surplus up to 2.61 bln at end of November
EconomyMacroeconomyGreece’s central government primary cash balance showed a surplus of 2.61 billion euros in the 11-month period from deficit of 4 billion in the same period last year, according to the Bank of Greece (BoG).
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Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening by 879 million euros to 3.53 billion in the 11-month period from 2.65 billion in the 10-month, according to the Finance Ministry (MoF) preliminary budget bulletin.
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomyGreece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent in 2013 from 33.7 percent in 2012, according to the latest OECD Revenue Statistics report.
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus climbed to 3.46 billion euros in the 10-month period of 2014, 2.4 times higher than the 1.43 billion posted last year, according the gg bulletin published by the Ministry of Finance (MoF) on Thursday.
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Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomyGreece’s unpaid taxes rose to 1.22 billion euros in October from 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyThe Greek Finance Ministry (MoF) tabled in Parliament the 2015 budget on Friday, with the headline figures confirming what had recently been reported.
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Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomyThe Council of State has reportedly ruled that objective property values, which are used instead of market prices to calculate tax, should be adjusted within the next months. This could deal a serious blow to revenues.
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Unpaid taxes for September fall to 1.03 bln but up 56.5 pct so far this year
EconomyMacroeconomyAfter peaking at 1.42 billion euros in August, the monthly rate of Greece’s unpaid taxes dropped to 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) on Friday.