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EconomyProgramme
Greek government's proposals to bridge gap with lenders appear to fall short Along with the letter sent by the Greek Prime Minister Alexis Tsipras yesterday requesting a new 2-year loan from the ESM and extension of the second bailout programme for a short period, the government sent also a 2-page letter to the heads of the institutions.
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EconomyMacroeconomy
Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln Greece’s budget execution figures confirmed the 5-month primary surplus was at 1.51 million - more than double compared to last year’s 707 million, according to the Finance Ministry (MoF) final budget bulletin released on Thursday.
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EconomyMacroeconomy
Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln The increase in Greece’s new unpaid taxes accelerated to 1.03 billion euros in May from 737 million in April, according to data released by the General Secretariat of Information Systems (GSIS).
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EconomyMacroeconomy
Sharp drop in gg primary surplus by end-April, arrears keep rising The general government (gg) primary cash surplus narrowed by more than 59 percent to 651 million euros in the 4-month period of 2015 from 1.6 billion in the corresponding period last year, according the gg bulletin published by the Ministry of Finance (MoF) on Friday.
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EconomyMacroeconomy
Smaller rise of 737 mln for unpaid taxes in April Greece’s new unpaid taxes eased month on month (MoM) for the third straight month in April, coming in at 737 million euros from 989 million in March, according to data released by the General Secretariat of Information Systems (GSIS).
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EconomyMacroeconomy
Budget primary surplus grows in April thanks to one-off revenues and restricted spending Greece’s 4-month budget primary surplus more than doubled to 2.16 billion euros from 1.05 billion last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Wednesday.
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EconomyMacroeconomy
General gov't primary surplus halves in Q1, arrears and guarantees jump The general government (gg) primary cash surplus more than halved to 1.19 billion in the first quarter (Q1) of 2015 from 2.45 billion last year, according the gg bulletin published by the Ministry of Finance (MoF).
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EconomyMacroeconomy
New fiscal measures aim to edge Greece closer to deal with lenders Greece and its lenders appear to be progressing towards a deal after weeks of deliberations and disagreement, with Athens having reportedly agreed on a set of fiscal measures.
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EconomyMacroeconomy
Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure Greece’s 3-month budget primary surplus was confirmed at 1.73 billion euros, up 12.4 percent, according to the Finance Ministry (MoF) final budget bulletin published on Friday. Preliminary figures had been released on April 16.
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EconomyMacroeconomy
New unpaid taxes rising steadily, reach 3.5 bln in Q1 Greece’s new unpaid taxes slipped to 989 million in March from 1.16 billion in February, according to data released by the General Secretariat of Information Systems (GSIS).