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Taxes
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EconomyProgramme
No return of institutions after Eurogroup but talks to continue in Brussels Monday’s Eurogroup in Brussels proved inconclusive as far as the Greek review is concerned but did result in some hope that efforts to conclude the review would intensify in the coming days.
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EconomyProgramme
Greece, creditors seek progress at Eurogroup on key differences holding up review Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead.
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EconomyMacroeconomy
New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln Greece’s new tax debt increased at an accelerating pace by 1.63 billion euros in January from 1.28 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Thursday.
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EconomyMacroeconomy
Budget primary surplus of 2.1 bln in 2-month on large underspend in Feb The budget primary balance posted a surplus of 2.12 billion euros in the 2-month period of 2017, 25.6 percent lower than the respective figure of 2.85 billion in the corresponding period last year, the Finance Ministry’s (MoF) preliminary budget execution bulletin revealed on Tuesday.
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EconomyProgramme
With tax-free threshold set for change, income declarations underline need for rethink One of the key issues still to be resolved in the ongoing negotiations between the Greek government and the institutions relates to the International Monetary Fund’s demand for a reduction in the tax-free threshold with the aim of securing additional revenues of 1 percent of GDP (1.8 billion euros) as of 2019.
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EconomyMacroeconomy
Revenues beat target by 3.9 pct in Feb, remain above target for year Greece’s budget revenues beat their target for the second straight month this year, according to preliminary figures for February published by the Independent Authority of Public Revenue (IAPR) on Friday.
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EconomyProgramme
Pause in review talks, leaving most difficult issues to be tackled The latest round of negotiations between the Greek government and the institutions’ mission chiefs in Athens, which began on February 28, concluded on Thursday.
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EconomyProgramme
Greece, lenders tie up some loose ends and continue negotiating Further progress was made during meetings between the Greek government and the institutions’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has been settled.
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EconomyProgramme
Athens sees faster pace of progress in review talks but no final deal yet Following the small progress made during Monday’s talks, Greek government sources appeared more optimistic after Tuesday’s meetings noting that a “quite large agreement” has been reached on many issues.
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EconomyMacroeconomy
General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln Greece’s general government (gg) primary cash surplus rose by 120 million euros to 1.42 billion in January from 1.3 billion a year ago, the Finance Ministry (MoF) gg bulletin showed on Tuesday evening.