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  1. Greek households switch to natural gas in record numbers as winter approaches
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    in the Special Consumption Tax, from 230 to 280 euros per kilolitre. At the same time, the total amount... between September 2017 and September 2018. The total savings by a household from switching to natural... by households. Natural gas’s share of the total energy consumed by Greek households has risen from almost

    13%

  2. Three in 10 workers in part-time jobs, earning less than 400 euros
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    2016 was not available since the fund began operating as of January 1, 2017. The data also revealed... work (56.3 percent of total versus 43.7 percent). Conversely, women made up 55.5 percent of part-time... to 49.6 euros with an average monthly wage of 1,152.19 euros. In total, the average wage for both full

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  3. Coalition's moves on public sector hirings under scrutiny
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and security with public hirings at 70 hospitals and that led to one of them saving more than 1 million... to official government data, there was a slight rise in the total number of civil servants last year... and workers on fixed-term contracts. The total stood at 71,042 at the end of 2016, rising to 78,297

    13%

  4. Eurogroup agrees on significant debt relief measures for Greece

    EconomyProgramme

    of the EFSF loans, which total 131 billion euros. He had said the government would be pleased... to begin paying around 1 billion euros annually in interest from 2023, as had previously been... privatisation proceeds from this year and 2019 are added, the total amount could surpass 20-21

    13%

  5. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    is called VAT Total Tax Liability (VTTL). Based on the VAT collection figures available, the total amount... of the total expected VAT revenue. The report found that in 22 EU countries, the gap had narrowed... experienced a contraction of GDP in 2016. The government had aimed to capture an extra 1 billion

    13%

  6. Tourism continues on upward trajectory as latest figures signal record-breaking arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    for 4.6 percent of all travel and generated 648.6 million euros in revenue, edging up by 1 percent... in the first nine months of the year. Total receipts from cruise passengers were down by 2.9 percent... arrivals fell by 7.2 percent in the month and by 2.4 percent in the aggregate period. In total

    13%

  7. Lenders deem second post-MoU review over, Athens waits for debt relief
    Photo by MacroPolis

    EconomyProgramme

    ’ worth of benefits and for 219 households payments will begin as of March 1. The total monthly cost.... The payments will cover a total of 508,122 people (applicants and dependents). Within the wider... by the International Monetary Fund. These total almost 10 billion euros and it is though that Athens

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  8. Athens plans to use cash buffer to create fiscal leeway for expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros, followed by 2.33 billion in 2022. This comes to a total of 5.5 billion euros over the next four... 1.9 billion euros, is added to this the total amount comes to almost 7.5 billion euros. According

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  9. Unemployment for Feb comes to 18.5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    compared with February 2018 (-1 percent). The total inactive population now stands at 3.25 million... employed increased by 90,531 or a rise of 2.4 percent. Total employment reached 3.83 million people... hirings. Total hirings came to 202,157 versus 158,784 departures. Ergani noted that the balance

    13%

  10. VAT gap remains high as non-compliance overtakes revenue rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    VAT Total Tax Liability (VTTL). Out of the European Union countries surveyed, Greece fared among... of all EU 28 countries. Based on the VAT collection figures available, the total amount of VAT lost across the EU in 2017 is estimated at 137.5 billion, equal to a loss of 11.2 percent of the total

    13%