MacroPolis

General govt primary cash surplus at 2.82 bln in July, arrears unchanged

Greece’s general government (gg) primary cash surplus came to 2.81 billion euros in the first seven months of the year, down by 1.33 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.

Tax cuts set to lead package of post-MoU pledges by Tsipras

Alexis Tsipras is preparing to play one of his final political cards ahead of the next elections by presenting a package of tax cuts and spending increases at the Thessaloniki Expo (DETH) this Saturday.

Athens eyes cancellation of pension cuts as Tsipras prepares Thessaloniki package

The Greek government has given its clearest indication yet that it does not intend to implement the 1 percent of GDP in pension cuts due next year.

Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure

The budget primary balance was confirmed at a surplus of 2.05 billion euros in the first seven months of 2018, the Finance Ministry (MoF) final budget execution bulletin for July showed on Friday. Last year’s figure for the same period came to 3.02 billion.

Special tax structure would benefit hotels and jobs, bank argues

By: Omaira Gill

Hotels in Greece would benefit from a more favourable tax framework in order to create jobs and harness investments, Alpha Bank’s weekly financial bulletin has highlighted.

Growth conditions improving but more work needed over longer term, PBO suggests

The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.

General govt primary cash surplus at 1.45 bln in June as expenditure picks up

Greece’s general government (gg) primary cash surplus came to 1.45 billion euros in the first six months of the year, down by 1.15 billion euros compared to the first half of 2017, according to the Finance Ministry’s (MoF) monthly gg bulletin.

New overdue taxes rise by 428 mln in June, total stock above 102 bln

Greece’s new tax debt’s month-on-month rise came to 428 million in June, slowing from May’s rise of 610 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown.

Budget primary surplus confirmed at 635 mln in June on lower spending

The budget primary balance was confirmed at a surplus of 635 million euros in the first six months of 2018, the Finance Ministry (MoF) final budget execution bulletin for June showed on Tuesday.

Greeks seen working longer, until July 18, to meet annual tax bill

Greece’s tax freedom day falls on July 18 this year according to data collected by the Dragoumis Center for Liberal Studies (KEFiM) think-tank.