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  1. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent

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  2. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    budget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... year, interest payments stood at 3.64 billion. During the first seven months of the year, total

    15%
  3. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and equipment in the coming months, while total extra spending on defence could reach 10 billion euros over... the improvements so the 84 aircraft can join the Viper class is due to last until 2027 at a total cost

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  4. Newsletter 262 -04/09/2020

    Newsletters

    in the coming months, while total extra spending on defence could reach 10 billion euros over the next 10... of 1.187 pct, and a re-offer price of 102.87 bringing the total outstanding for the issue to 5.5

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  5. Unemployment rises to 18.3 pct in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    by 174,217 (-4.4 percent). Total employment stood at 3.74 million people. ELSTAT noted that in light... the previous month, and increased by 108,669 persons when compared with June 2019 (+3.4 percent). The total

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  6. Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    1,231 more people hired than fired. Total hirings came to 160,583 versus 156,241 departures. Around.... On an aggregate basis, full-time employment came to 50.6 percent of the total, compared to 39.8 percent for part

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  7. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11... VAT Total Tax Liability (VTTL). The VAT gap is caused by fraud and tax evasion, corporate insolvency

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  8. Budget primary shows deficit of 6.61 bln in August
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that this was due to reduced economic activities in light of the pandemic. State budget total revenues... billion. During the first eight months of the year, total expenditure came to 39.74 billion

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  9. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    ) and sole proprietors (18 percent). A breakdown revealed that in Q2, the total for loans serviced..., which was a significant transaction in terms of value. Out of the total, corporate loans came to 8.99

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  10. Covid-19 puts pressure on health system, forces govt into more restrictions
    Photo via https://flic.kr/p/CotMw7

    PoliticsGreek Politics

    are running out. He said that a total of around 200 people can be cared for in intensive care... by the beginning of September, and has now shot up to 67. It is worth noting that Attica has a total of 72 ICU

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