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Privatisation plan inches along as groups express interest in DESFA
EconomyProgrammeThe revenues from privatisations in 2016 came to 500 million euros. For 2017, they are estimated... billion in 2017-2021. Revenues of 2.15 billion are estimated in 2017 and 2.07 billion in 2018, which
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Greek households switch to natural gas in record numbers as winter approaches
EconomyFeaturesand Thessaloniki, and the Thessaly region. Deliveries of heating oil in October cost an estimated 4.3... gas are estimated at 40 percent. This year also saw the relaxation of the rules governing new
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Retail sales fall for second straight month in Oct, with 0.8 pct decline
EconomyMacroeconomyand beverage, books and toys. December sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
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Piraeus Port Authority lays out major development plans
EconomyFeaturesPiraeus Port Authority (PPA) on Monday unveiled its ambitious 10-year investment plan, involving an estimated 500 million euros in investments. The plan, titled “Master Plan of the Port of Piraeus... cruise ship terminal will be able to accommodate six cruise liners and bring in an estimated 580,000
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Newsletter 148 -26/01/2018
being most affected by the demonstration. Soon after an estimated 90,000 people gathered... horizon.” From January to August 2018, Greece’s financing needs are estimated at 10.7 billion euros
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Retail sales drop by 1.7 pct in November, corresponding volume falls 2.9 pct
EconomyMacroeconomypercent compared to last year. December 2017 sales are estimated to reach 4.09 billion euros, from 4.03 billion in 2016. Overall in 2017, total retail turnover is estimated at 42 billion, from 41.4 billion
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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomyof any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... costs for businesses in 2013 were estimated at 335 million euros, or 12.6 percent of the state’s
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeeuros. The government is estimated to have already set aside around 6 billion euros... banks. According to European sources, this amount is estimated at around 4 billion euros
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesand the estimated VAT amount that is theoretically collectable based on legislation. The latter... of VAT lost across the EU in 2016 is estimated at 147.1 billion, equal to a loss of 12.3 percent
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Banks submit new NPL targets to SSM, with sales leading way in reduction drive
EconomyBankingstrategic defaulters. The number of such defaulters is estimated between 45,000 to 50,000. Legal experts..., returning to a normal banking system will be a crucial step. It is estimated that by the end
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