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EconomyFeatures
Survey reveals opinions around Greek shipping cluster's potential Greece has the potential to develop into one of the world’s major shipping hubs over the next few years according to a survey of opinions from leading representatives of Greek shipping companies.
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EconomyMacroeconomy
General govt primary cash surplus at 2.25 bln in May, arrears rise Greece’s general government (gg) primary cash surplus fell by 332 million euros from the previous year to 2.25 billion in the first five months of 2017 according to the Finance Ministry’s (MoF) gg bulletin.
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EconomyProgramme
Compliance report looks at programme financing, arrears clearance and 2016 performance The second review's compliance report provided an update on the programme's financing by the end of August 2018 as well as on arrears’ clearance, while also commenting on the fiscal performance in 2016.
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EconomyMacroeconomy
Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln The budget primary surplus was confirmed at 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
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EconomyMacroeconomy
Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target The budget primary balance recorded a surplus of 1.84 billion euros in the 5-month period of 2017, up by 26.5 percent from last year’s figure of 1.46 billion, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Wednesday.
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EconomyMacroeconomy
New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln Greece’s new tax debt rose at slightly higher pace of 754 million euros in April after increasing by 658 million in March, the Independent Authority of Public Revenues (IAPR) data revealed on Wednesday.
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EconomyMacroeconomy
General govt primary cash surplus rises to 2.6 bln in 4-month, arrears fall below 5 bln Greece’s general government (gg) primary cash surplus edged up by 35 million euros from the previous year to 2.63 billion in the 4-month period of 2017, the Finance Ministry (MoF) gg bulletin showed.
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Society
Greeks tending to shop less often and opt for local products Recent research by the Athens University of Business and Economics showed that the crisis has made Greeks more inclined to prefer products made in Greece.
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EconomyMacroeconomy
Budget primary surplus of 1.73 bln outperforms target, tax revenues fall short in April The budget primary surplus was 928 million euros above target on strong underspend, the Finance Ministry’s (MoF) final budget execution bulletin showed.
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EconomyMacroeconomy
Finance Ministry ups 2017 budget primary surplus estimates on higher revenue projections In addition to fiscal forecasts and interventions for the coming years, the Medium-Term Fiscal Strategy (MTFS) for 2018-2021 has updated state budget estimates for 2017.