Hotels in Greece would benefit from a more favourable tax framework in order to create jobs and harness investments, Alpha Bank’s weekly financial bulletin has highlighted.
The employment balance turned negative in July, with departures outpacing hirings by 8,610 data from the Labour Ministry’s Ergani information system revealed on Wednesday.
Greece’s budget primary balance came to a surplus of 2.09 billion euros in the first seven months of 2018, according to the July preliminary budget execution bulletin published by the Finance Ministry (MoF) on Tuesday.
A core group of 18 products made up the backbone of Greek exports during the crisis years, according to a study compiled by the National Bank of Greece (NBG).
The stock of unpaid social security contributions (SSCs) increased to 33.86 billion euros in the second quarter (Q2) of 2018, increasing by nearly 2 billion compared to the figure of 31.87 billion euros registered in the first quarter (Q1) of the year, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
The Parliament Budget Office's (PBO) second quarter (Q2) report, published recently, examined the current economic conditions in Greece but also how exports and imports have evolved during the crisis.
Fitch on Friday raised its credit rating for Greece by two notches to ‘BB-’ from ‘B’, while the outlook was updated to stable from positive.
Building permits rose by 4.4 percent in May following a rise of 1 percent in April, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
The nominal value of apartments in Greece during the second quarter (Q2) of the year showed a rise of 0.8 percent year-on-year (YoY) after a drop of 0.2 percent in Q1, Bank of Greece (BoG) data showed on Thursday.
Greece’s Consumer Price Index (CPI) rose by 0.9 percent in July following an increase of 1 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.