By Tasos Dasopoulos The estimate that inflation will jump this year to 8.5-9% on an annual basis does not only have the known negative consequences. If it is combined with the fact that growth will touch – if not exceed – 5%, it may result in a record reduction of debt at the end of […]
Tag: Ministry of Finance (Ministry of Finance)
Extension for the submission of supporting documents for the Refundable Advance
The Government and the Ministry of Finance, in collaboration with the Ministry of Development and Investments, and with the assistance of the Independent Public Revenue Authority (AADE), responding to the needs of businesses that have been negatively affected by the crisis of the coronavirus pandemic, are proceeding to facilitate those businesses that have not submitted […]
What does the drop in Greek bonds mean for the economy?
By Tasos Dasopoulos Abstinence from the issuing activity of new bonds is imposed by the explosive atmosphere created by the expectation of the second increase in the interest rates of the euro prepared by the ECB for the meeting next Thursday. Statements on the need for a decisive stance by the ECB to contain galloping […]
Spread and fiscal data rewrite the TIF package
Of Tasos Dasopoulos The overperformance of the economy for the two months of July and August, as reflected in tax revenues, but also the GDP of the second quarter, which will be published next Wednesday by ELSTAT, will be the basis for the finalization of the measures announced by the Prime Minister, from TEF. The […]
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
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 […]
Fills the TIF basket with seven income bonuses
By Tasos Dasopoulos Emergency and permanent measures amounting to 5 billion euros are now on the government’s table ahead of TIF, with the planning taking into account the good course of the Greek economy in 2022 but also the effects of the hybrid war that Russia is waging against Europe with a weapon the natural […]
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 […]
New permanent and extraordinary measures amounting to 4.5 billion for the two years 2022-2023
By Tasos Dasopoulos Continuing to support citizens with measures amounting to 3 billion euros until mid-2023 and new, permanent interventions amounting to more than 1.5 billion euros for the next year is planned by the economic staff despite the impending peak of the energy crisis in the autumn and of increasing the cost of money. […]
Government: SYRIZA had allowed cyber security to fall into an untenable state
“Against all forms of conspiracies, leveling party logic and common slander, we respond in the most reliable way there is: our work,” the Ministries of Digital Governance and Finance said in a joint statement on the occasion of a SYRIZA announcement. Analytically: “The announcement by SYRIZA about the cyber security project that has been included […]