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Draft budget for 2027 centred on strong surplus, selective support measures
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Industrial production jumps 5.8% YoY in Aug, led by electricity supply
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CPI accelerates to 5% YoY in Sep as energy dominates
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Trade deficit widens by 3.6% YoY in Aug, at 21.18 bln over eight months
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Volatile energy and bond markets tighten pressure on government
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Draft budget for 2027 foresees positive growth and fiscal outlook in uncertain times
New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
Greece’s new tax debt exceeded the 1-billion mark in December as it climbed to 1.28 billion euros after a smaller increase of 890 million in November, General Secretariat of Public Revenues (GSPR) data revealed on Monday.
The biggest revenue gap of 1.77 billion euros was created by VAT, but this tax has the second highest collectability rate of 84.6 percent. Personal income tax followed suit with a revenue gap of 1.23 billion, while its collectability rate was the lowest...
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