Economy
New tax debt at 2.53 bln to May, up by 96 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 96 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown.
VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11 percent across the EU.
Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
The employment balance was positive with 4,342 more hirings than firings in August, data from the Labour Ministry’s Ergani information system showed.
Wages index up by 3.8 pct YoY in Q2 2020
Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday.
Accommodation and food services turnover collapses by 84.6 pct in Q2
The turnover index in accommodation and food services collapsed by 84.6 percent year-on-year (YoY) in the second quarter (Q2) of the year, following a downward revised drop of 7.2 percent YoY in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Building permits rise by 17 pct in June
Building permits rose by 17 percent year-on-year (YoY) in June compared to a fall of 8.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Mytilineos Group and OPAP record lower profits in H1
The industrial conglomerate Mytilineos Group’s first half (H1) financial report has highlighted that turnover came to 926.7 million euros from 990.8 million euros in H1 2019, a fall of 6.5 percent year-on-year (YoY).
Unemployment rises to 18.3 pct in June
Greece’s seasonally adjusted (SA) unemployment rate came to 18.3 percent in June from an upward revised figure of 17.3 percent in May, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
CPI falls by 1.9 pct YoY in August
Greece’s Consumer Price Index (CPI) fell by 1.9 percent year-on-year (YoY) in August compared to a decline of 1.8 percent seen in July, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
Road motor vehicles going into circulation for the first time fell by 23.6 percent in August, compared to a drop of 14 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.