Wednesday August 20, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Tax revenues down but Greece produced January budget surplus

Although tax revenues were down in January, Greece achieved a budget surplus of 159 million euros, against a target for an 873-million-euro deficit in the first month of 2013.

According to preliminary data for January made public by the Finance Ministry on Monday, the primary surplus, which does not include interest payments, was 398 million euros against a target of a 413-million-euro deficit and a deficit of 33 million euros in January 2012.

"There preliminary state budget execution data for January show that the country is continuinb the necessary fiscal adjustment," said alternate Finance Minister Christos Staikouras. "The balance for January is positive. We have a primary surplus."

The surplus was produced largely through a further reduction in public spending. Primary expenditure for January was 3.9 billion euros, which was 679 million euros or 14.7 percent better than the target and an 18.8 percent improvement on last January.

Revenues, however, were down in January as state earnings from VAT and consumption tax fell.

Overall, budget revenues stood at 4.4 billion euros, which was 241 million euros or 5.2 percent short of the target and 11.5 percent down year on year.

ekathimerini.com , Monday February 11, 2013 (15:01)  
Greek firms see 30 pct rise in PayPal payments from abroad in 2014
Greek current account surplus widens in June
ECB in policy limbo, boxed in by its own plans
Few respond to safe account call
Syrian chemicals were safely destroyed off Crete, says OPCW
The Organization for the Prohibition of Chemical Weapons (OPCW), the international body responsible for overseeing the destruction of Syrian arms off Crete, says that there was no pollution ...
Greece to give children at primary school road safety lessons
Children at Greek primary schools are to receive training on driver etiquette and road safety from this year, the Education Ministry has announced. The lessons will be offered to children in...
Inside News
ATHLETICS
Long jumper Tsatoumas takes Greeces second silver at European Championships
Greece won its second medal at the European Athletics Championships in Zurich, Switzerland, on Sunday with Louis Tsatoumas coming second in the long jump. Briton Greg Rutherford won the even...
SWIMMING
Silver for Greece in 5k team event at European Swimming Championships
Greece claimed the silver in the team 5 kilometer event at the 32nd European Swimming Championships in Berlin on Saturday. The Greek team of Spyros Gianniotis, Antonis Fokaidis and Kalliopi ...
Inside Sports
COMMENTARY
Logged out of reality
It is a global phenomenon, and we have yet to fully grasp its implications for democracy and the functionality of Western states. The Internet is a bottomless well of information and a vast ...
EDITORIAL
Manipulated institutions
Greeces leftist opposition must not manipulate an institution as important as the President of the Republic for the sake of political ends. Regrettably, SYRIZA leader Alexis Tsipras appears...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Syrian chemicals were safely destroyed off Crete, says OPCW
2. Greek firms see 30 pct rise in PayPal payments from abroad in 2014
3. Greece to give children at primary school road safety lessons
4. Greek current account surplus widens in June
5. Two missing men found shot dead near Kalamata
6. ECB in policy limbo, boxed in by its own plans
more news
Today
This Week
1. Two missing men found shot dead near Kalamata
2. ECB in policy limbo, boxed in by its own plans
3. Logged out of reality
4. Greek current account surplus widens in June
5. Greece to give children at primary school road safety lessons
6. Greek firms see 30 pct rise in PayPal payments from abroad in 2014
Today
This Week
1. Carved sphinxes at Ancient Amphipolis tomb will not be removed
2. Samaras expects 'exceptionally important find' at Ancient Amphipolis
3. Rhodes villa built for Mussolini among properties Greek privatization fund is selling
4. Canadas fiscal adjustment has lessons for Greece
5. Treating Amphipolis with care
6. Greece to offer law on restructuring bad loans next month
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.