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Tag: budget

Budget: Deficit of €1.16 billion in the primary result in the period January – July

Budget: Deficit of €1.16 billion in the primary result in the period January – July Budget: Deficit of €1.16 billion in the primary result in the period January – July

The primary result of the state budget for the period January – July 2022 was a deficit of 1,161 million euros, against a target of a primary deficit of 5,808 million euros and a primary deficit of 9,063 million euros for the same period in 2021, as announced today by the Ministry of Finance. According […]

Budget: Large increase in VAT and Consumption Tax revenues in the period January – July

Budget: Large increase in VAT and Consumption Tax revenues in the period January – July Budget: Deficit of €1.16 billion in the primary result in the period January – July

The primary result of the state budget for the period January – July 2022 was a deficit of 1,161 million euros, against a target of a primary deficit of 5,808 million euros and a primary deficit of 9,063 million euros for the same period in 2021, as announced today by the Ministry of Finance. According […]

The good course of revenues fills the basket of TIF

The good course of revenues fills the basket of TIF The good course of revenues fills the basket of TIF

By Tasos Dasopoulos The 5,167 million euro tax revenue overshoot in the seven months of January-July frees the economic staff to implement a third, enhanced package of support for households and businesses until mid-2023 and permanent relief next year. There is now the fiscal space to continue absorbing the adjustment clause until mid-2023, deliver fuel […]

Soaring tax revenues by 5.1 billion euros in 7 months

Soaring tax revenues by 5.1 billion euros in 7 months Soaring tax revenues by 5.1 billion euros in 7 months

The implementation of the state budget in the January-July period showed a significant overshoot of the targets, during which the tax revenues were increased by 5.167 billion euros or almost 20% of the estimate. In particular, as informed by the Ministry of Finance, the amount of of net income of the state budget for the […]

September is a critical month for the economy

September is a critical month for the economy September is a critical month for the economy

By Tasos Dasopoulos September will be a month of feverish economic activity inside and outside Greece, since the necessary preparations will have to be made in view of a winter which will be demanding and difficult, Inside Greece, the economic staff has announced a new large support package in the face of continuous fuel and […]

Chr. Staikouras: Supplementary budget for the additional support of households and businesses

Chr. Staikouras: Supplementary budget for the additional support of households and businesses Chr.  Staikouras: Supplementary budget for the additional support of households and businesses

Finance Minister Christos Staikouras announced the submission of a supplementary budget, as the economy is moving satisfactorily, for the additional support of households and businesses. The minister did not want to specify the amount of the supplementary budget (although the information refers to 2 billion euros). He said, however, that the response of taxpayers to […]

Budget 2022: ‘Jump’ 11% for total revenue in the first 6 months

Budget 2022: ‘Jump’ 11% for total revenue in the first 6 months Budget 2022: ‘Jump’ 11% for total revenue in the first 6 months

Increased by 2,875 million euros or 11% against the target are the total revenues of the state budget, at 28,950 million euros, while according to the provisional data of the execution of the state budget, on a modified cash basis, for the period January – June 2022 , there is a deficit in the budget […]

Eurobank: The budget deficit of the pandemic is decreasing

Eurobank: The budget deficit of the pandemic is decreasing Eurobank: The budget deficit of the pandemic is decreasing

The Greek economy is in the process of reducing the budget deficits created by the pandemic, a course necessary to contain the financing costs of the Hellenic Republic and to cultivate positive expectations for the medium-term dynamics in terms of real growth, the weekly bulletin “7” Eurobank, on the occasion of the monthly execution data […]

Tax revenues increased by 2.84 billion euros due to VAT and ENFIA

Tax revenues increased by 2.84 billion euros due to VAT and ENFIA Budget: Deficit of €1.16 billion in the primary result in the period January – July

LAST UPDATE: 14:10 By Tasos Dasopoulos Increased VAT receipts due to price increases and the one-time repayment of ENFIA in May resulted in tax revenues exceeding by 2.84 billion euros for the five months January – May, giving the margin for the payment of the second subsidy on fuel ( Fuel Pass 2). According to […]

PASOK-KINAL: ‘Hidden debts under the rug’ that lead to deficit widening

PASOK-KINAL: ‘Hidden debts under the rug’ that lead to deficit widening PASOK-KINAL: ‘Hidden debts under the rug’ that lead to deficit widening

PASOK-Movement for Change MPs talk about “hidden debts under the rug” that lead to a widening deficit and new adventures in the country, in a question they submitted to the Minister of Finance, with the first signatory being the head of the parliamentary group Michalis Katrini. In their question, entitled: “‘Magic picture’ the course of […]