ATHENS – The Greek state budget recorded a primary deficit of 1.516 billion euros in the January-April period this year, from a budget target for a primary surplus of 783 million euros and a primary surplus of 1.463 billion euros in the same period in 2019, the finance ministry said on Monday.
The general government budget, on an amended cash basis, recorded a deficit of 4.072 billion euros in the four-month period, from a budget target for a shortfall of 1.655 billion and a deficit of 1.041 billion euros in the corresponding period last year.
Net revenue was 14.100 billion euros, down 8.8 pct from budget targets, hit by the impact of measures taken to deal with the consequences of the Covid-19 pandemic. Regular budget revenue was 15.425 billion euros, down 7.5 pct from targets. Budget revenue exceeded targets in: taxes on production (3.4 pct) and transfers (18.7 pct). On the other hand, revenue fell short of targets in the categories of: VAT on oil products (20.9 pct), VAT on other product and services (6.8 pct), special consumption tax on energy products (9.8 pct), special consumption tax on other products (17.9 pct), stamps (27.8 pct), taxes on financial and capital transactions (20.1 pct), car registration taxes (32.2 pct), property taxes (12.2 pct), income taxes (7.3 pct), capital taxes (29.1 pct) and asset sales (99.5 pct). Tax returns totaled 1.325 billion euros, up 106 million from targets. Public Investment Programme revenue was 1.267 billion euros, up 153 million from targets.
State budget spending in the January-April period totaled 18.172 billion euros, up 1.064 billion from targets and up 1.175 bllion euros compared with the corresponding period last year (reflecting higher spending in the Public Investment Programme).
In April, state budget revenue was 2.997 billion euros, down 1.188 billion from monthly targets, while regular budget revenue was 3.264 billion euros, down 1.155 billion from monthly targets. Public Investment Programme revenue was 361 million euros, up 245 million from targets, while tax returns totaled 267 million targets, up 33 million from targets. State budget spending was 5.246 billion euros in April, up 1.189 billion from monthly targets.
ATHENS - State Minister Akis Skertsos addressing on Tuesday the Greek Economic Summit 2022 said that today is a very important day as it marks "the end of a painful course for the country, of the humiliating supervision from which we learned so much.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
ATLANTA — Georgia voters on Tuesday are set to decide the final Senate contest in the country, choosing between Democratic Sen.
NEW YORK (AP) — Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former president’s business.
With Cristiano Ronaldo on the bench, the superstar striker’s replacement scored a hat trick to lead Portugal over Switzerland 6-1 and into the World Cup quarterfinals on Tuesday.
Morocco became the first Arab nation and only the fourth African nation to advance to the World Cup quarterfinals, beating Spain 3-0 in a penalty shootout on Tuesday.
WASHINGTON — The Biden administration is still actively searching for ways to safeguard abortion access for millions of women, even as it bumps up against a complex web of strict new state laws enacted in the months after the Supreme Court stripped the constitutional right.
Explore articles from the past and connect to your heritage!
Discover the benefits of a subscription including access to exclusive content, events, and more!
Have an idea for a story, or know of an event we should cover? We want to hear about it!
The National Herald is the paper of record of the Greek Diaspora community. Through independent journalism, we bring news to generations of Greek-Americans, with stories on the individual, community and international level. Visit and support our 106 year-old sister publication Εθνικός Κήρυξ.
To purchase a gift subscription, please log out of your account, and purchase the subscription with a new email ID.
Sign up to receive our daily email news briefing.
Sign up for a subscription to The National Herald,
starting as low as $1/week.
and receive more access to The National Herald
View our Terms of Service + Privacy Policy.
and receive more access to The National Herald
View our Terms of Service + Privacy Policy.
We use cookies on our site to personalize your experience, bring you the most relevant content, show you the most useful ads, and to help report any issues with our site. You can update your preferences at any time by visiting preferences. By selecting Accept, you consent to our use of cookies. To learn more about how your data is used, visit our cookie policy.
$1.05 USD
