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Taxes
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EconomyMacroeconomy
General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month Greece’s general government (gg) primary cash surplus fell by 430 million euros to 2.61 billion in the 2-month period of 2017 from 3.04 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday evening.
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EconomyProgramme
No return of institutions to Athens yet as differences persist The Eurogroup Working Group (EWG) held on Thursday night did not give the green light for the return of the institutions’ mission chiefs to Athens.
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EconomyProgramme
Athens, lenders trying to put last pieces in place for technical agreement With all indications suggesting that the Greek government and the institutions are close to reaching an agreement at technical level, there has been much speculation about how several issues that were proving contentious until recently have been, or will be, resolved.
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EconomyMacroeconomy
Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb The budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday.
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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.