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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomycharacterised by confusion and instability. Between 2001-2015, the report counted a total of 36... of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... in Greece . The total tax rate for businesses when insurance contributions are factored in was 44
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Newsletter 189 -11/01/2018
/ESM/IMF loans edged down by a slight 2 million, and represented 71.5 percent of the total debt...) guarantees, which make up 17 percent of the total guarantees, fell by 856 million during the month... requirements. 2 Unemployment at 18.6 pct in October Number of unemployed falls by 12.2 pct year
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Newsletter 296 - 14/05/2021
rate by 2 pct points. The deficit is seen dropping significantly to 3.2 pct of GDP by 2022. After... households. Ongoing legal challenges regarding previous reforms remain a risk. 2 CPI falls by 0.3 pct YoY... for the first three months of the year showed that the trade deficit fell by 9.8 percent, bringing the total
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Newsletter 325 - 28/01/2022
sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2... included in the draft budget for 2022 at the end of November by 2.62 billion euros. The total... and the total deficit at 11.52 billion euros, at 6.7 pct of GDP. Having accumulated deficits over
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Newsletter 379 - 05/05/2023
Greek Solution, while 20 pct are expected to back 2 smaller far-right parties. Just 4 pct say... growth is more subdued at 2 pct in 2024 and 2025, while investments are expected to grow by 9.7.... Data presented by the Finance Ministry showed that 392 projects with a total envelope of 12.33
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Newsletter 407 - 12/01/2024
. Mitsotakis needs a simple majority of 120 votes in favour out of those present, from a total 300... composition. Their total sales of 8.1 billion euros accounted for just over 5 pct of the top 500... to the study represented 25.5 pct of total pre-tax profits of the companies in scope. It is apparent
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Newsletter 466 - 13/06/2025
by a more modest 0.7 pct YoY. Total exports also grew by 2.2 pct YoY, while imports also rose by 2.4... total investment spending. The rise in investment spending that will recover the drop seen due... pct of the total, maxing at almost 50 pct of all investment spending at its peak before the crisis
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General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln
EconomyMacroeconomyin the 11-month period, mostly due to an increase in purchases of goods and services by almost 1... million to 5.22 billion. Social benefits of 35.45 billion euros accounted for 51.7 percent of total expenditure, followed by compensation at 14.34 billion making up around 21 percent of the total figure
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General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
EconomyMacroeconomy) of the total expenditure relates to social benefits, which came to 18.38 billion. Compensation...), local governments (+48 million) and tax refungs (+26 million). A marginal rise of 1 million in arrears to social security funds was also noted since the start of the year. In total, SSF arrears stood
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Internet usage high but unexploited by Greek enterprises
EconomyFeaturesautomated messages, accounted for only 1 percent of total turnover for Greek businesses with 1.4..., this percentage has been falling rather than growing across the last few years. Around 64.8 percent of the total... was not much higher at 57.7 percent. Additionally, out of a total of 992,311 persons employed
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