Real-time gross settlement
Greece is in second-to-last place among the 19 eurozone countries and 24th among all 28 European Union member-states in electronic payments per inhabitant, including payments with credit and debit cards and online transfers of money and e-payments of bills, according to European Central Bank data for 2018.
The state budget recorded a primary surplus overrun of 2.33 billion euros in the first four months of the year, against a target of just 374 million euros, State General Accounting Office figures showed on Monday. This was achieved with the incomplete execution of the Public Investments Program (PIP) and above-target budget revenues.
The net revenues of the state's regular budget missed their target by 268 million euros in March, serving as a warning for the government, although they beat their target by 407 million euros in the first quarter of the year, according to official figures released on Tuesday by the Finance Ministry.
January data on the execution of the state budget revealed that expenditure has again been held back excessively, while the state's expired debts remained high at the end of 2017 as despite the payout forced by the country's creditors, the state has continued to run up fresh arrears to taxpayers and suppliers.
The budget data for 2017 now appear to be not only within the targets but even better, for the first 10 months of the year, with the revenue shortfall of 2.8 billion euros of the provisional figures replaced by a surplus of 326 million.
The massive shift is due to the revision of the 2017 budget targets to match the estimates of the 2018 draft budget tabled earlier this week.