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EconomyProgramme![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF proposes rebalancing of fiscal policy, reform implementation and debt relief The International Monetary Fund’s executive board convened on Monday evening to discuss the Article IV consultation on Greece.
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EconomyMacroeconomy
Revenues reach 4.3 bln in January, beating target by 258 mln Greece’s revenues before tax refunds stood at 4.27 billion euros in January, beating the target by 258 million, according to preliminary figures published by the Independent Authority for Public Revenue (IAPR) on Friday.
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EconomyMacroeconomy
General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion in 2016 from around 4 billion in the previous year, the Finance Ministry (MoF) gg bulletin revealed on Friday evening.
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PoliticsGreek Politics
Tsipras tweaks message as chance of review compromise emerges As speculation mounts that the Greek government is preparing for a compromise with the institutions that will lead to the conclusion of the review, Prime Minister Alexis Tsipras presented a slightly more nuanced position during a stormy parliamentary debate on Wednesday night.
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PoliticsGreek Politics
Athens searching for compromise formula should IMF remain on board The indication that no progress regarding Greece’s review should be expected before the International Monetary Fund’s executive board meets on Monday was strengthened by comments from European officials.
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EconomyMacroeconomy
New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP Greece’s new tax debt exceeded the 1-billion mark in December as it climbed to 1.28 billion euros after a smaller increase of 890 million in November, General Secretariat of Public Revenues (GSPR) data revealed on Monday.
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EconomyMacroeconomy
PBO warns of recovery risks, fourth bailout and possible default In its quarterly report published on Friday, the Parliamentary Budget Office (PBO) urged for a swift conclusion of the programme review and implementation of the necessary reforms, which could lead to a sustainable economic recovery.
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EconomyMacroeconomy
Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016 Greece’s budget primary surplus almost doubled to 4.44 billion euros in 2016 from 2.27 billion in 2015, the Finance Ministry (MoF) final budget execution bulletin showed on Tuesday.
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EconomyMacroeconomy
Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016 Greece’s budget primary surplus stood at 4.39 billion in 2016, almost double the 2015 figure of 2.27 billion, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
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EconomyProgramme
Provisions of out-of-court workout bill outlined ahead of submission to Parliament In an interview with Ethnos daily on Saturday, Economy and Development Minister Dimitris Papadimitriou outlined the key highlights of the draft law on the out-of-court workout that is due to be tabled in the Parliament by the end of January.