Lower spending, extra revenues result in budget execution beating targets in MarchEconomyMacroeconomy
Greece’s budget execution showed the 3-month primary surplus rose to 1.74 billion, up 12.6 percent, while the 2-month underperformance of 173 million turned to an over-performance of 1.62 billion, according to the Finance Ministry (MoF) preliminary budget bulletin published today.
General gov't cash surplus sees large contraction in Jan-Feb, arrears edge upEconomyMacroeconomy
The general government (gg) primary cash balance showed the surplus shrinking by more than two thirds year on year (YoY), landing at 1.02 billion euros in the first two months of 2015 from 3.17 billion in the corresponding period last year, according to the bulletin published by the Ministry of Finance (MoF) on Tuesday.
Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rateEconomyMacroeconomy
Greece’s new unpaid taxes eased to 1.16 billion euros in February from 1.32 billion in January, according to data released by the General Secretariat of Information Systems (GSIS).
Budget primary surplus falls to 1.24 bln at end of Feb as revenues miss targetEconomyMacroeconomy
Greece’s primary surplus for the first two months of the year reached 1.24 billion euros, down 40 percent, according to the Finance Ministry (MoF) final budget bulletin.
Greek gov't tables draft law on installments for unpaid taxes: Here's what's in itEconomyMacroeconomy
The Finance Ministry (MoF) tabled in Parliament on Wednesday evening the draft bill for the “rebooting of the economy”, which mainly includes the government’s intervention for the settlement of tax and social security contribution (SSC) arrears.
General gov't primary surplus shrinks to 419 mln in JanuaryEconomyMacroeconomy
The Greek general government (gg) primary cash balance showed the surplus shrinking to 419 million euros in January 2015, much lower than the 1.88 billion euros posted in January 2014, according the gg bulletin published by the Ministry of Finance (MoF).
A closer look at planned laws for unpaid taxes and home foreclosuresEconomyMacroeconomy
Two of the four bills that the government plans to table in Parliament this week relate to the settlement of unpaid tax and social security contributions as well as the protection of primary residencies.
Finance Ministry targets 3 bln from unpaid taxesEconomyMacroeconomy
During a press briefing on Wednesday to set out the government’s initiatives for the settlement of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give a useful insight into outstanding tax debt
Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 blnEconomyMacroeconomy
The Greek general government (gg) primary cash balance showed a surplus of 2.18 billion euros in 2014 from deficit of 884 million in 2013, according to the gg bulletin published by the Ministry of Finance (MoF) on Friday.
Almost 50 pct rise for new unpaid taxes in 2014 as overall total rises to 73.8 blnEconomyMacroeconomy
Greece’s new unpaid taxes slowed to 1.27 billion euros in December from 1.59 billion in November, according to data released by the General Secretariat of Information Systems (GSIS) on Friday.