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Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010
EconomyMacroeconomyThe annual report of the General Secretariat of Public Revenues (GSPR) revealed that 60 percent of the outstanding tax debt of 86.3 billion was created during the crisis years. In specific, 40.2 percent of unpaid taxes was created before 2011, 44.4 perc...
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Import price index rise of 34.6 pct in Mar highest since inflation rise began
EconomyMacroeconomyGreece’s import price index accelerated further in March, posting another solid rise of 34.6 percent year-on-year (YoY), from 27.2 percent in February, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday. This is the high...
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Unemployment drops to 10.8 pct in Jan, lowest since debt crisis began
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate experienced a notable drop in January, falling to 10.8 percent, from an upwards revised 12.4 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday. In January last year, ...
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Whether an "early" or "clean" exit, it's the same old story for Greece
Agorathe idea of the exit being oversold and politics being put ahead of practicalities. Greece has been... by problems. The lenders were unconvinced that Greece was ready to support itself and put forward... significantly, the pledge to break out of the constraints of the programme were not accompanied by any
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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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Newsletter 269 -16/10/2020
shows deficit of 7.01 bln September figures show decline in revenues On a monthly basis, net revenues... primary balance recorded a deficit of 7.01 billion euros in the first nine months of 2020, compared
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Europe missed an opportunity on banking union
Agoraa banking union. Their aim was, as the conclusions of that summit stated, to: “break the vicious circle.... It is clear that the only way to break the “vicious circle” is to prevent member states from having to use... banks and will put all lenders through stress tests. The ECB’s involvement gives us hope
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Parties return to campaign trail after Easter lull
PoliticsGreek Politicsafter an extended break afforded by Orthodox Easter and the May Day holiday. For New Democracy...-crossing the country throughout the Easter break, focussing on the regions. Mitsotakis has been tasked... place in the coming days and will give parties an opportunity to put forward their positions
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Newsletter 451 - 14/02/2025
, said in a statement that Tasoulas' election marked a break with one of the few consensual... claimed that Mitsotakis' decision to put Tasoulas forward was a symptom of his controlling style... with 11 MPs, compared its polling figures, which put it at around 1.5 pct, well below the 3 pct
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What Dijsselbloem didn't say
Agoracomment was misunderstood and put his comments down to “Dutch directness” and a strict Calvinistic culture... the euro crisis began and which has often been exhibited by some of the continent’s less scrupulous..., meeting the bailout conditions put a severe strain on the economies of the countries concerned
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