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Industrial turnover growth slows to 2.2 pct YoY in Jan with modest manufacturing gains
EconomyMacroeconomyGreece’s industrial turnover growth slowed in January, rising by 2.2 percent year-on-year (YoY), from a 5.7 percent increase in December, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday. On a rolling 12-month basis, the industrial turnover was up by 2 percent
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Greek tourism's long-term growth prospects are good, report shows
EconomyMacroeconomyThe direct contribution of travel and tourism to Greek GDP reached 13.3 billion euros (7.6 percent... was ranked 26th in terms of direct tourism revenues and 29th in terms of total contribution worldwide..., with Greece ranking 102nd and 110th for the direct and total contribution respectively. The money spent
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No image availableof visiting / using the Website including (i) direct loss or consequential damage of the user/visitor... of reputation or goodwill, or loss or corruption of information or data (ii) direct loss or consequential damage... through his/her user code (user name) and password security (password). 2.2. The service is directed
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomybillion, largely due to a rise in indirect taxes by 3.9 percent, while direct taxes also improved... in March, mostly due to higher direct taxes, which came in 131 million better than target. Overall... reflecting an overperformance of direct taxes by 297 million, while indirect taxes fell short
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Media
No image availableMitsotakis conquista la mayoría absoluta en Grecia 07/07/19 Publico Mitsotakis prepara-se para vitória... of recovery but little relief for Greeks 24/03/18 La Vanguardia La larga travesía de Grecia 08/03/18... on question, potential aftermath 04/07/2015 La Gaceta de Negocios 'Es mejor seguir en Europa, de
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Newsletter 69 - 08/04/2016
Review moving forward Sides edge closer to agreement on pension and direct taxes Discussions... convergence on the measures related to pension reform and direct taxes, each yielding one percent of GDP... threshold to 9,100 euros. According to the Finance Ministry, the new direct tax framework would result
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Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
EconomyMacroeconomyrose by 6.1 percent to 15.69 billion, outperforming by 356 million. Direct taxes increased by 13.9... decreased 7.1 percent in May, but increased 2.2 percent to 961 million in the 5-month, 61 million below target. Apart from income tax, the outperformance of direct taxes also reflects direct tax arrears
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Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
EconomyMacroeconomy-on-year to 5.19 billion euros in December. Falls in both indirect (-3.6 percent) and direct taxes (-2.5..., and VAT by 4.3 percent. For direct tax subcategories, property tax revenues fell by 3.1 percent, while income tax revenues rose by 2.2 percent. In total, tax revenues beat their target by 359 million
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresas one of the central pillars of the Greek economy when direct and indirect contributions from tourism.... This equals a multiplier effect of 2.2. According to the IOBE multiplier, in 2018, tourism directly...). This estimated the multiplier effect from each euro of direct tourism revenue to be 2.65. According
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Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln
EconomyMacroeconomy. The positive flow in April is almost entirely attributed to corporate sector net additions of 763... positive for the third successive month, with net additions climbing to 763 million in April
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