General govt primary cash surplus at 6.68 bln in October, arrears rise by 9 mln
Trade deficit drops by 0.6 pct in October with aggregate increase at 1.4 pct
Turnover in tourism grows by 9.4 pct during Q3
Unemployment at 18.6 pct in September as unemployed decline by 11.1 pct year-on-year
GDP shows annual growth of 2.2 pct in Q3
Overdue social security contributions rise to 34.35 bln in Q3
Finance Ministry scrambles to correct property tax after error-strewn debut
After months of discussions and planning, the launch of the unified real estate property tax (ENFIA) earlier this month foundered on a number of problems, which caused the government embarrassment and left the Finance Ministry with plenty of revision work to do.
This tax is due to replace the emergency levy on homes introduced in autumn 2011, which was paid via electricity bills. The government lobbied the troika persistently to get the unpopular emergency tax incorporated into a general property levy because i...
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