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Greek central government primary cash surplus to August at 2.3 bln
EconomyMacroeconomyGreece’s central government primary cash balance turned to a surplus of 2.32 billion in the 8-month period from deficit of 3.21 billion last year, according to the Bank of Greece (BoG). This implies a fiscal consolidation of 5.53 billion year on year.
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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus widened by 82.7 percent year on year (YoY) to 3.24 billion in the 7-month period of 2014 from 1.77 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) today.
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomyThe rate of rise in Greece’s unpaid taxes remained virtually unchanged at 1.01 billion in July from 1.03 billion in June, according to data provided by the General Secretariat of Information Systems.
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Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July
EconomyMacroeconomyGreece’s budget primary surplus widened to 2.28 billion euros in the 7-month period from 707 million posted in the first half of the year, according to the final budget execution bulletin released by the Ministry of Finance (MoF).
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State budget primary surplus widens to 2.28 bln at end of July after rise in revenues
EconomyMacroeconomyGreece’s budget execution showed the primary surplus widening to 2.28 billion in the 7-month period from 707 million posted in the first half of the year, according to the preliminary data released by the Ministry of Finance (MoF) on Wednesday.
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Finance Ministry scrambles to correct property tax after error-strewn debut
EconomyMacroeconomyAfter months of discussions and planning, the launch of the unified real estate property tax (ENFIA) earlier this month foundered on a number of problems, which caused the government embarrassment and left the Finance Ministry with plenty of revision work to do.
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Greek primary cash surplus reaches 1.8 bln in H1 2014
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus stood at 1.8 billion euros in the first half of the year from a deficit of 1.86 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF) on Thursday.
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Central gov't primary cash surplus reaches 1.37 billion in first half of year
EconomyMacroeconomyGreece’s central government net balance to June on a cash basis showed the deficit shrinking by 78 percent, or 6.8 billion euros, to 1.82 billion from 8.72 billion last year, according to the Bank of Greece (BoG).
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General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF).
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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared to the 763 million recorded in April, according to data provided by the General Secretariat of Information Systems.