New overdue taxes climb by 1.4 bln in October, total stock reaches 93.9 blnEconomyMacroeconomy
Greece’s new tax debt increased by 1.4 billion in October after a broadly similar rise of 1.35 billion in September, the General Secretariat of Public Revenues (GSPR) data revealed on Thursday evening. It is highlighted that new overdue taxes stand above the 1.3-billion mark for the third straight month.
Revenues beat target for third successive month in NovemberEconomyMacroeconomy
Greek budget revenues beat their target, albeit marginally, for the third straight month in November, General Secretariat of Public Revenues (GSPR) figures revealed on Tuesday.
What the agreement between Greece and lenders means for fiscal and tax policyEconomyProgramme
Following the first round of meetings between the Greek ministers and the institutions’ mission chiefs at the end of October, Finance Ministry sources said the biggest stumbling blocks in the second programme review were the fiscal gap, funding of the guaranteed minimum income (GMI) and labour market reforms.
General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 blnEconomyMacroeconomy
Greece’s general government (gg) primary cash surplus expanded by 1.37 billion euros to 6.08 billion in the 10-month period of 2016 from 4.71 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Friday evening.
Report shows Greek tax burden increased in 2015, remaining above OECD averageEconomyMacroeconomy
The latest OECD report on Revenue Statistics published on Wednesday revealed Greece’s tax burden increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above the OECD average of 34.3 percent for the third successive year.
Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised targetEconomyMacroeconomy
Greece’s budget primary surplus was confirmed at 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) final budget execution bulletin showed on Thursday.
Fiscal Council adopts 2017 budget forecasts with three reservationsEconomyMacroeconomy
Following the tabling of the 2017 budget in Parliament on Monday, the Greek Fiscal Council published on Tuesday its opinion, which concludes that it adopts the forecasts but under three reservations.
Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growthEconomyMacroeconomy
Finance Minister Euclid Tsakalotos tabled in Parliament on Monday afternoon the 2017 budget detailing the government’s fiscal and macro estimates for 2016 and 2017.
Greece, lenders inch forward after talks on settlement of tax and bank debtEconomyProgramme
Discussions between the Greek ministers and the institutions’ mission chiefs continued on Wednesday with the key focus on the out-of-court workout.
Budget primary surplus to Oct hits 6.5 bln as revenues deliver againEconomyMacroeconomy
Greece’s budget primary surplus surged 43.4 percent to 6.5 billion euros in the 10-month period of 2016 from 4.53 billion a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.