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Taxes
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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.
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EconomyProgramme
Round of talks nearing end with limited progress, serious doubts about March 20 goal Following a series of inconclusive meetings over the previous days, some progress was apparently recorded during discussions between Greek ministers and the institutions’ mission chiefs on Monday evening.
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EconomyProgramme
Greece, lenders fail to make headway on fiscal and labour issues Despite two meetings over the weekend on fiscal and labour market issues, the Greek government and the institutions’ mission chiefs were unable to bridge their differences, creating more doubts about when an agreement may be reached.
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EconomyProgramme
Greece and creditors dive into details of measures and counter-measures The second day of negotiations between the Greek government and the institutions’ mission chiefs included a lengthy (4-hour) meeting on the measures and counter-measures that will be legislated now and implemented until 2020.
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EconomyProgramme
First day of talks highlights distance that needs to be covered The new round of negotiations between the institutions’ mission chiefs and the Greek ministers began on Tuesday.