Greece’s tax revenue target drops 13.8% in 2015

Ministry said that “tax revenues came in at 7.298 billion euros in the first two months of 2015, 13.8 percent below a target of 8.467 billion euros”.

The central government surplus came in at 1.243 billion euros in the first two months of 2015, against a target of 1.411 billion euros, the ministry also said in its statement.

Even the tax receipts came in just 121 million euros below target last month after a massive 1.048 billion shortfall in January, which had raised fears the newly installed government might run out of cash before reaching any accord with its EU partners.

The central government surplus came in at 1.243 billion euros in the first two months of 2015, against a target of 1.411 billion euros, the ministry also said in its statement.

This figure excludes the budgets of social security organizations and local administrations and is different from the data monitored by Greece’s EU/IMF lenders, but nonetheless indicates the country’s progress in repairing its finances.


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