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Current account turns to a surplus of 314 mln in Oct on contracting goods deficit
EconomyMacroeconomybillion. As in September, the financial account under direct investment did not show any remarkable transactions in October. For the 10-month period, residents net assets from direct investment abroad increased by 303 million, while the non-residents’ direct investment in Greece dropped by 372
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Notable increase in grants to social security sector leads to budget primary deficit in Nov
Economy. This is fully attributed to SMP and ANFA income of 1.87 billion euro that was not received, while direct and indirect taxes were above and in line with targets respectively. The breakdown showed direct taxes.... The aggregate figures for the 11-month period show that direct taxes fell 4.8 percent to 17.74
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Current account deficit at 1.22 bln in Nov, down 18.6 pct
EconomyMacroeconomy, leading travel surplus up by 7 percent to 12.13 billion. The financial account under direct... residents’ net assets from direct investment abroad rose by 341 million, while the non-residents’ direct
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Current account deficit falls to 780 mln in Dec and 7.5 mln in 2015
EconomyMacroeconomyin 2015. The financial account under direct investment recorded a net rise by 154 million in December... increase. For the whole of 2015, residents’ net assets from direct investment abroad increased by 345 million, while non-residents’ direct investment in Greece fell by 258 million. Under the portfolio
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomy. The breakdown showed direct taxes eased 1.9 percent to 4.78 billion, 47 million below target, while... and property taxes fell short of target by 148 and 101 million respectively, while direct tax arrears and other direct taxes outperformed by 162 and 40 million respectively. On the indirect tax front, VAT
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Government hopes offer of tax breaks and grants will spark growth boost
EconomyMacroeconomy. In addition, the direct public revenues that are expected from the implementation of subsidized... by around 23 billion and direct public revenues by 5.39 billion. Under a pessimistic scenario of 5.05 billion of investments, these would increase GDP by 11.5 billion and direct public revenues by almost
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Newsletter 81 - 08/07/2016
as it involved upsetting one of Greece’s few large foreign direct investors only days ahead of Prime Minister... of a formidable foreign direct investor. Moreover, the supermajority achieved for the legislation – 223 MPs... served as important catalysts for direct foreign investment in Greece. The reality is, however
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Privatisations in Greece: A win-win that's difficult to achieve
Agorainternational standing, particularly as it involved upsetting one of Greece’s few large foreign direct... in parliament at the insistence of a formidable foreign direct investor. Moreover, the supermajority... consortium as well as the COSCO/OLP contract could easily have served as important catalysts for direct
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Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June
EconomyMacroeconomy. Direct taxes rebounded 23.5 percent in June and 4.4 percent in the first six months of the year... of direct tax arrears and other direct taxes by 137 and 110 million respectively, more than offsetting
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SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomythe overnight revenues are estimated slightly higher at 78 euros in 2021 from 75 euros in 2015. The direct... and uncertainty on future income. For 2021, the direct impact from tourism is seen at 25.45 billion corresponding to 12.3 percent of GDP. SETE also anticipates that the overall (direct and indirect
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