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Taxes
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EconomyMacroeconomy
New overdue taxes rise by 995 mln in Oct, taking stock to 104.8 bln The month-on-month rise in Greece's new tax debt came to 995 million in October, declining from the increase of 1.47 billion noted in September, data from the Independent Authority of Public Revenues (IAPR) showed on Monday.
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EconomyProgramme
Fresh reminder about pending reforms for Athens, which remains confident on goals Speaking at the Capital Link Forum in New York on Tuesday, a day after European Commission official Declan Costello had issued another reminder that Athens must ensure it completes its pending reforms on time, Finance Minister Euclid Tsakalotos appeared confident that there would not be any delays.
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EconomyMacroeconomy
General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln Greece’s general government (gg) primary cash surplus came to 6.68 billion euros in the first 10 months of the year, up by 311 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyFeatures
New strategic investment framework unveiled, faster licencing and tax breaks promised A new strategic investment framework was presented yesterday by Economy Minister Yiannis Dragasakis aimed at fast-tracking investments into Greece.
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EconomyFeatures
Greek tax rate hikes among highest in OECD countries, tax report shows The OECD’s annual Revenue Statistics report on tax has revealed that Greece’s tax to GDP ratio increased by 0.6 percentage points (pps) between 2016 and 2017, making the country’s tax rises among the highest out of 36 OECD countries surveyed.
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EconomyMacroeconomy
New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln The month-on-month rise in Greece's new tax debt came to 1.42 billion in September, jumping from August’s increase of 849 million, data from the Independent Authority of Public Revenues (IAPR) showed on Thursday.
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PoliticsGreek Politics
Tsipras points to tax cuts as example of bailout exit benefits Alexis Tsipras argued in Parliament on Wednesday, as the coalition unveiled the details of this year’s “social dividend” and the reduction to ENFIA property level and corporation levy to be implemented next year, that his government is only now beginning to show its true colours as far as economic and fiscal policy are concerned.
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EconomyMacroeconomy
Primary surplus confirmed at 6.44 bln in October on revised budget targets The budget primary balance was confirmed at a surplus of 6.44 billion euros in the first 10 months of 2018, according to the final budget execution bulletin for October published by the Finance Ministry (MoF) on Monday.
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EconomyMacroeconomy
Final budget for 2019 excludes pension cuts, includes 910 mln in expansionary measures Following the formal approval by the European Commission on Wednesday as part of the European semester, the Finance Ministry tabled to Parliament the final budget for 2019.
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EconomyMacroeconomy
Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend The budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry (MoF) on Wednesday.