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Taxes
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomyGreece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent in 2013 from 33.7 percent in 2012, according to the latest OECD Revenue Statistics report.
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus climbed to 3.46 billion euros in the 10-month period of 2014, 2.4 times higher than the 1.43 billion posted last year, according the gg bulletin published by the Ministry of Finance (MoF) on Thursday.
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Unpaid taxes up to 1.22 bln in October as total reaches 71.2 bln
EconomyMacroeconomyGreece’s unpaid taxes rose to 1.22 billion euros in October from 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.
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Greece's 2015 budget: A breakdown of all the key figures
EconomyMacroeconomyThe Greek Finance Ministry (MoF) tabled in Parliament the 2015 budget on Friday, with the headline figures confirming what had recently been reported.
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Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomyThe Council of State has reportedly ruled that objective property values, which are used instead of market prices to calculate tax, should be adjusted within the next months. This could deal a serious blow to revenues.
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Greek primary cash surplus up to 3.1 bln in September but state arrears also rise
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus improved to 3.14 billion euros in the 9-month period of 2014 from 1.86 billion last year, a 69 percent year on year (YoY) rise, according the bulletin published by the Ministry of Finance (MoF) on Thursday.
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Unpaid taxes for September fall to 1.03 bln but up 56.5 pct so far this year
EconomyMacroeconomyAfter peaking at 1.42 billion euros in August, the monthly rate of Greece’s unpaid taxes dropped to 1.03 billion in September, according to data provided by the General Secretariat of Information Systems (GSIS) on Tuesday.
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) on Friday.
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Sudden jump in unpaid taxes last month takes total to almost 70 bln
EconomyMacroeconomyThe rate of increase in Greece’s unpaid taxes significantly accelerated to 1.42 billion in August from around 1 billion in the preceding two months, according to data provided by the General Secretariat of Information Systems today.
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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus widened by 82.7 percent year on year (YoY) to 3.24 billion in the 7-month period of 2014 from 1.77 billion last year, according the gg bulletin released by the Ministry of Finance (MoF) today.