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Taxes
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EconomyMacroeconomy
Budget primary surplus at 4.65 bln in 11-month on lower expenditure The budget primary balance was confirmed at a surplus of 4.65 billion euros in the first 11 months of 2017, down by 19.3 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) final budget execution bulletin showed on Wednesday.
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EconomyMacroeconomy
Budget primary surplus at 4.66 bln in 11-month as expenditure falls, revenues rise The budget primary balance recorded a surplus of 4.66 billion euros in the first 11 months of 2017, decreasing by 19.1 percent against last year’s figure of 5.76 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
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PoliticsGreek Politics
Clock ticks on prior actions as coalition searches for solution on islands The Greek government is under severe time pressure to complete some 70 prior actions remaining as part of the third review, while property auctions remain a thorn in the coalition’s side.
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EconomyMacroeconomy
New overdue tax obligations up by 1.18 bln in October, total at 99.75 bln Greece’s new tax debt rose by 1.18 billion euros in October, picking up pace from September’s rise of 706 million, the Independent Authority of Public Revenues’ (IAPR) data has revealed.
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EconomyProgramme
Fiscal obligations set out in sMoU, discussion on speeding up tax measures due in May The supplemental Memorandum of Understanding (sMoU) that was the product of the Staff Level Agreement (SLA) between the Greek authorities and the institutions outlines the understanding and obligations on the fiscal sustainability front, which range from improving public financial management to strengthening the institutions and processes that will deliver on the fiscal commitments.
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EconomyMacroeconomy
General govt primary cash surplus at 6.39 bln in October, arrears continue to decline Greece’s general government (gg) primary cash surplus amounted to 6.39 billion in the first 10 months of 2017, up by 452 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Budget primary surplus at 5.33 bln in October, beating target on revised budget figures The budget primary balance was confirmed at a surplus of 5.33 billion euros in the first 10 months of 2017, up by 9.7 percent against last year’s figure of 4.86 billion euros, the Finance Ministry’s final budget execution bulletin showed on Friday.
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EconomyMacroeconomy
OECD report shows Greece had highest tax ratio rise in 2016 The OECD published yesterday its regular revenue statistics for 2017. The publication has comparable tax revenue data with the latest edition, providing final data up to 2015 as well as provisional estimates for 2016.
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EconomyMacroeconomy
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure The budget primary balance recorded a surplus of 5.36 billion euros in the first ten months of 2017, increasing by 10.2 percent against last year’s figure of 4.86 billion euros, the Finance Ministry preliminary budget execution bulletin showed on Tuesday.
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EconomyMacroeconomy
New overdue tax obligations up by 706 mln in September, total at 98.75 bln Greece’s new tax debt rose by 706 million euros in September, declining from August’s increase of 1.07 billion, the Independent Authority of Public Revenues’ (IAPR) data has revealed.