Parliamentary Budget Office
Major decline in state debtors
The use of electronic transactions, the reduction of taxes as well as the favorable repayment arrangements (72 and 120 installments) have led to the reduction of state debtors by some 400,000 compared to 2018, according to the data of the Independent Authority for Public Revenue (AADE).
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Snatching a surplus from deficit’s jaws
Greece returned to a primary surplus in 2022, the Parliamentary Budget Office stated on Thursday in its report for the fourth quarter of 2022, based on the common European rules (European system of Accounts, or ESA) methodology, which is the only valid record after the end of enhanced surveillance.
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Eurostat: Inflation in Greece in April at 9.4%
Inflation in Greece jumped to 9.4% in April, according to Eurostat data. At the same time in the eurozone reached 7.5%.
According to official Eurostat data released today, the harmonized index of consumer prices continued its upward trend and climbed to 9.4% against a performance of -1.1% in the corresponding month of 2021.
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Rebound is set to take longer
The volume of new expired debts and suspended tax and social security obligations constitute signs of the major problems that the real economy is up against. After the immunization of the population, the Greek economy will not revert to normal as it was before the pandemic, but to a new normality with enterprises scarred by the effects of the health crisis and sky-high unemployment.
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Greece to seek amended fiscal targets after 2020
The government is seeking to ride the new momentum created by the health crisis in Europe, at the expense of the once unique recipe of austerity, while the first-quarter fiscal data compiled by the Parliamentary Budget Office (PBO) indicated an annual deterioration of 1.3 billion euros.
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Taxpayers flock to settle dues to state
Last year's scheme by which debtors can settle their dues to the state in up to 120 tranches has brought many taxpayers to tax offices and additional takings into state coffers, reducing the stock of overdue arrears to the state.
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Slowdown in creation of new tax debts
Overdue arrears to the tax authorities posted a significant slowdown in the nine months to end-August, according to the Parliamentary Budget Office (PBO).
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Tsakalotos attacks handout critics as austerity fans
Finance Minister Euclid Tsakalotos on Monday dismissed officials who have expressed concern over the government's handout policy ahead of the elections - including the head of the European Stability Mechanism, Klaus Regling - as "austerity supporters," although concerns are also being raised by others much closer to home, at the Parliamentary Budget Office (PBO).
Parliamentary Budget Office warns against missing tranche
Reports that the government may fail to clinch a 1-billion-euro tranche from the country's creditors next month were compounded on Tuesday with a warning from the Parliamentary Budget Office (PBO) concerning the completion of the second post-bailout assessment this month.
Four million toiling under tax
The policy of high taxation and levies, such as the solidarity tax and the exorbitant ENFIA property tax that has wrought destruction on the middle class, is taking an unbearable toll on Greek households, according to the latest data published by the Independent Authority for Public Revenue (IAPR).
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