Fiscal Council optimistic on 2016 target, sees next year’s goals as feasibleEconomyMacroeconomy
The Greek Fiscal Council published on Tuesday its first semi-annually report on fiscal and macroeconomic developments, presenting its views on the 2017 draft budget and whether targets will be met this year and next.
Revenues beat target for second straight month in Oct with 739 mln over-performanceEconomyMacroeconomy
Greek budget revenues beat their target comfortably for the second successive month in October, according to General Secretariat of Public Revenues (GSPR) figures provided by the Finance Ministry (MoF) on Thursday.
General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 blnEconomyMacroeconomy
Greece’s general government (gg) primary cash surplus notably widened by 2.89 billion to 5.33 billion in the 9-month period of 2016 from 2.44 billion a year ago, the Finance Ministry (MoF) gg bulletin displayed on Wednesday.
World Bank sets out savings Greece can make from streamlining welfare benefitsEconomyProgramme
The funding of the guaranteed minimum income (GMI) emerged as one of the most contentious issues in the first round of discussions on the second programme review between the Greek government and the institutions’ mission chiefs.
Parliament's budget office sees obstacles to recovery, warns on private debtEconomyMacroeconomy
In its quarterly report published on Monday, the Parliamentary Budget Office (PBO) notes that the macroeconomic developments in Greece in the third quarter (Q3) sent mixed signals.
New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 blnEconomyMacroeconomy
Greece’s new tax debt rose by 1.35 billion euros in September after increasing by 1.37 billion in August, according to data published by the General Secretariat of Public Revenues (GSPR).
Budget primary surplus to Sept surges to 5.44 bln on solid tax revenuesEconomyMacroeconomy
Greece’s budget primary surplus surged by more than 77 percent to 5.44 billion euros in the 9-month period of 2016 from 2.27 billion a year ago, according to the Finance Ministry (MoF) final budget execution bulletin published on Monday.
PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budgetEconomyMacroeconomy
The Parliamentary Budget Office (PBO) published an interim report on Wednesday evening commenting on the 2017 draft budget tabled by the Finance Ministry on October 4.
Budget primary surplus to Sept reaches 5.45 bln on strong revenue performanceEconomyMacroeconomy
Greece’s budget primary surplus soared 77.5 percent to 5.45 billion euros in the 9-month period of 2016 from 2.27 billion last year, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
General government primary cash surplus expands to 3.9 bln by August, arrears drop further to 6.3 blnEconomyMacroeconomy
Greece’s general government (gg) primary cash surplus expanded by 1.33 billion to 3.9 billion in the 8-month period of 2016 from 2.56 billion in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Wednesday.