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ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsmore than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief will be 22 million euros out of a total 465 million euros. He argued that 67 percent of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras
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Unemployment falls to 17.2 pct, stays below 18 pct for second month
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 81,995 or a rise of 2.1 percent. Total... compared with April 2018 (-0.5 percent). The total inactive population now stands at 3.20 million... for the month on record after July 2015 when a negative balance of 16,658 was noted. Total hirings came
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy. Total exports of goods in June came to 2.71 billion euros, against 2.94 billion in June last year, showing a fall of 7.7 percent. At the same time, total imports reached 4.29 billion euros, from 5.01... to a slowdown in export growth while imports continued to grow. Total exports of goods rose by 1.6 percent
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomy. In total, arrivals from the EU 28 countries fell by 2.2 percent YoY to 2.9 million. Those from euro... to 2.8 million. Arrivals from outside the EU showed an increase of 11 percent to 3 million. In total... figures showed that in 2018, international arrivals at Greek airports rose by 12.9 percent. In total
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Unemployment edges down again in June, falling to 17 pct
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 80,061 or a rise of 2.1 percent. Total... with June 2018 (-0.4 percent). The total inactive population now stands at 3.19 million... when a negative balance of 16,658 was noted. Total hirings came to 250,319 versus 265,010 departures
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesVAT 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
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Unemployment drops to 16.9 pct in Q2, hitting eight-year low
EconomyMacroeconomy142,200 in those employed, bringing the total to 3.96 million. The largest increase in employment in Q2... for an eighth consecutive quarter to 570,100. Out of the total, long-term unemployed constitute... sectors: wholesale and retail trade (17.3 percent of total), agriculture, forestry and fishing (11.5
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Household expenditure edges up again in 2018, still well below pre-crisis level
Societyaccounted for 20.2 percent of total expenditure, housing (14.1 percent) and transport (13 percent... percent of the average monthly expenditure of total households. In contrast, the average monthly... by the poorest 20 percent of the population equalled 33.9 percent of total household expenditure, while
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Unemployment edges down to 16.9 pct, below 17 pct for first time since 2011
EconomyMacroeconomy. Year-on-year, the figure for those employed increased by 59,599 or a rise of 1.5 percent. Total... percent). The total inactive population now stands at 3.22 million. The unemployment rate among women... month last year, the hirings balance was 3,905 lower this September. Total hirings came to 308,121
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IMF revises fiscal outlook, sees lower primary surpluses in coming years
EconomyMacroeconomya small surplus over the next three years before a total deficit of 0.5 percent in 2023 and 2024. The IMF..., while it expects to run a total surplus of 0.1 percent next year. In cyclical terms, Greece continues to run a total surplus of 1.7 percent this year and 0.1 percent in 2020, before turning to a deficit
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