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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Unpopular but effective property tax returns for another year
The single property tax (ENFIA) has become one of the most contentious taxes in Greece, adding a notable burden to Greek households since its launch in 2014. However, ENFIA has a relatively high collectability rate compared to the other direct or indirect taxes.
Right after the completion of personal income tax forms (E1) clearance, the process for the calculation of ENFIA has started with the Alternate Finance Minister Tryfon Alexiadis recently noting that the clearance is expected to be concluded by the end o...
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