untitled design

Tag: budget

The micron mutation ‘cut’ VAT and VAT revenues in January

The micron mutation ‘cut’ VAT and VAT revenues in January The micron mutation ‘cut’ VAT and VAT revenues in January

By Tasos Dasopoulos Indirect taxes (VAT and VAT) are mainly due to the backlog of tax revenues by 280 million euros in January, due to the restrictive measures imposed to address the “micron” mutation of the coronavirus. According to the GLC data, the amount of net revenues of the state budget amounted to 3,855 million […]

The good and bad news from the budget review

The good and bad news from the budget review The good and bad news from the budget review

By Tasos Dasopoulos The 2022 budget is being revised, as the situation has changed significantly for the better since November when inflation was drafted, with the exception of inflation. In the revised stability program that is expected to be submitted in April, many of the sizes of the 2022 budget, which was made public last […]

BoG: Deficit of 434 million in the primary budget result in January

BoG: Deficit of 434 million in the primary budget result in January BoG: Deficit of 434 million in the primary budget result in January

The primary result of the state budget in January 2022 was formed at a deficit of 434 million euros from a deficit of 1.6 billion in January 2021, according to the data announced today by the Bank of Greece. For 2021, the BoG figures show a deficit of 11.8 billion in the primary result of […]

Pandemic and ‘Hope’ cut tax revenues by 224m euros in January

Pandemic and ‘Hope’ cut tax revenues by 224m euros in January Pandemic and ‘Hope’ cut tax revenues by 224m euros in January

By Tasos Dasopoulos Restrictive measures to curb the spread of the Omicron mutation and deferrals of tax liabilities and bad weather “Hope” led to a 224m-euro shortfall in tax revenue in January. The revenue shortfall combined with a larger deficit of € 1,654 million in expenditure led to a marginal primary surplus of € 17 […]

US: $ 119 billion budget surplus in January

US: $ 119 billion budget surplus in January US: $ 119 billion budget surplus in January

For the first time in more than two years, the US budget showed a surplus in January, amid a significant increase in tax revenues and a sharp decline in expenditures related to dealing with the effects of the pandemic. In particular, the budget surplus in the first month of 2022 amounted to 119 billion dollars, […]

Brussels sets the limits for new support measures

Brussels sets the limits for new support measures Brussels sets the limits for new support measures

By Tasos Dasopoulos The final data for the development of 2021, but also the temporary financial framework that Brussels will set for 2023, especially for the indebted countries, such as Greece, will judge the measures against accuracy, which the financial staff plans to implement. . As is known from the 2022 budget, Greece is committed […]

Quarterly monitoring of the Greek economy

Quarterly monitoring of the Greek economy Quarterly monitoring of the Greek economy

By Tasos Dasopoulos The Ministry of Finance wants to achieve zero deviations from the commitments and the budget figures that have been locked in the negotiations with the institutions, so that the provisional fiscal rules of the Commission set “reasonable” goals. As you know, the discussion on the fiscal rules for 2023, started in the […]

December budget: Primary deficit reduced by 2 billion euros in 2021

December budget: Primary deficit reduced by 2 billion euros in 2021 December budget: Primary deficit reduced by 2 billion euros in 2021

By Tasos Dasopoulos With revenues increased by 743 million euros, against the budget target, it finally closed in 2021, despite the extension of the payment of traffic fees until the end of February. The primary budget deficit stood at 10.985 billion euros, down about 2 billion euros from a target of a primary deficit of […]

Measures by measure to deal with the pandemic and accuracy

Measures by measure to deal with the pandemic and accuracy The micron mutation ‘cut’ VAT and VAT revenues in January

By Tasos Dasopoulos With a view to Brussels and the restrictions set by the European Commission, the support measures for 2022 will be adjusted to cover part of the loss of income from high inflation, as well as the restrictive measures for the pandemic. The basic guideline set by the European Commission, especially for heavily […]