China News Service, July 4th, according to the Greek "Greek Times", the data shows that between January and May 2020, the Greek national budget generated a major deficit of 4.843 billion euros, reflecting the new coronary pneumonia pandemic and government-supported families And the impact of corporate measures. The Greek government estimates that the basic surplus of the national budget for this period is 43 million euros, while the basic surplus of the national budget for the same period last year was 916 million euros.
Within 5 months, the Greek government's general budget deficit was 7.494 billion euros, which is different from the budget target of 2.512 billion euros. Net income was 16.029 billion euros, a 14.5% decrease from the budget target, while regular budget revenue was 17.84 billion euros, a 12.3% decrease from the target.
Only the transfer category (increased by 15.8%) exceeded the revenue budget target, while others below the target included VAT for petroleum products (25.2%), VAT for tobacco products (5.7%), and VAT for other products and services (14.2%) , Special consumption tax on energy products (10.8%), special consumption tax on tobacco products (4.7%) and special consumption tax on other products (29.76%).
In addition, Greece’s stamp duty revenue fell 29.7% from the target, asset and transaction taxes fell 25.9%, automobile registration tax fell 37.4%, import tax fell 15.2%, property tax fell 13.8%, income tax fell 10.2%, corporate tax fell 10.2%, capital Taxes fell by 36.2%, sales tax on goods and services fell by 40.5%, and sales revenue from state-owned assets fell by 99.5%. The total tax rebate was 1.775 billion euros, an increase of 209 million euros from the target; public investment project revenue was 1.294 billion euros, an increase of 117 million euros from the target.
The national budget expenditure was 23.523 billion euros, exceeding the target of 2.271 billion euros. Compared with the same period last year, expenditure increased by 2.195 billion euros. (Wu Jiali)