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Taxes
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EconomyProgramme
Delay to final tranche over island VAT as lenders quash talk of pension cut reversal The final disbursement of Greece’s third programme has been delayed for a few days after Germany raised objections to the way in which Athens decided to extend the discount on VAT on five Aegean islands.
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EconomyProgramme
Pension cuts dominate discussion as eurozone prepares to release final bailout tranche Ahead of the rubber-stamping of Greece’s post-programme surveillance and Friday’s Eurogroup, the discussion about next year’s pension cuts is continuing.
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EconomyMacroeconomy
General govt primary cash surplus at 1.65 bln in May on slower expenditure decline Greece’s general government (gg) primary cash surplus came to 1.65 billion euros in the first five months of the year, falling by 571 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month Greece’s new tax debt rose by 610 million in May, increasing slightly from April’s rise of 599 million, data from the Independent Authority of Public Revenues (IAPR) has shown.
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EconomyMacroeconomy
May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls The budget primary balance was confirmed at a surplus of 1.53 billion euros in the first five months of 2018, the Finance Ministry (MoF) final budget execution bulletin for May showed on Monday.
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EconomyMacroeconomy
Budget primary surplus at 1.54 bln in May on revenue rise, sharp investment underspend The budget primary balance came to a surplus of 1.54 billion euros in the first five months of 2018, the Finance Ministry (MoF) preliminary budget execution bulletin for May showed on Thursday.
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EconomyMacroeconomy
New overdue taxes rise by 599 mln in April, total stock continues to grow Greece’s new tax debt rose by 599 million in April, down from the increase of 776 million in March, data from the Independent Authority of Public Revenues (IAPR) has revealed.
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EconomyMacroeconomy General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million Greece’s general government (gg) primary cash surplus amounted to 2.42 billion in the first four months of 2018, down by 227 million euros compared to the same time last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyProgramme
Two weeks left for Athens to settle last remaining prior actions Thursday, June 14, is widely seen as the date by which the Greek government needs to have completed any legislative work related to the fourth review so that the lenders can reach an agreement on the remaining issues by the time the Eurogroup takes place a year later.
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EconomyMacroeconomy
Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending The budget primary balance was confirmed at a surplus of 2.29 billion euros in the first four months of 2018 compared to a surplus of 1.73 billion for the same period last year, the Finance Ministry (MoF) final budget execution bulletin for April showed on Thursday.