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  1. 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

    16%

  2. 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

    16%

  3. 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

    16%

  4. 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

    16%

  5. Primary cash deficit at 5.78 bln in August

    EconomyMacroeconomy

    billion euros to 26.53 billion euros against last year’s total of 30.10 billion. Expenditure for August... eight months showed a rise of 3.10 billion euros, bringing the total to 37.05 billion euros

    16%

  6. Flooding, Covid-19 threat in Athens dominate ND's agenda
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    people lost their lives during the storm and a total of around 5,000 buildings were damaged. Parts.... This number rose from 65 to 78 over the weekend, while another 11 deaths were reported, taking the total

    16%

  7. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . In total, arrivals from the EU 27 countries fell by 80.4 percent YoY to 661,300. Those from euro.... In total, arrivals showed a drop of 80.1 percent in the first seven months of the year and came to 3

    16%

  8. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    -reaching impact of the industry on the economy as a whole. A total of 31.3 million foreign tourists.... Estimates for the final quarter of the year are expected to show that total revenue for 2020 from

    16%

  9. Budget primary confirmed at deficit of 5.48 bln in August

    EconomyMacroeconomy

    to reduced economic activities in light of the pandemic. State budget total revenues stood at 33.38... of the year, total expenditure came to 39.73 billion, surpassing the target by 4.39 billion. The MoF said

    16%

  10. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    will be around 500 million euros, while the project's total footprint could reach 1 billion euros... and increase the share of ICT specialists to 2.3 percent of total employment, adding extra value of 1.1

    16%