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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomybut the weak performance in June more than offset the previously posted outperformance....The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat
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Primary cash surplus widens to 2.85 bln in Q1
EconomyMacroeconomyof 132 million euros in March almost 80 percent lower than last year. However, the Q1 PIB surplus.... In March, the primary cash surplus widened by 11.1 percent to 763 million from 687 million
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Newsletter 144 -15/12/2017
properties worth up to 280,000 euros out of banks’ hands if their owners’ debts are less than 200,000.... The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing
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Signs of recovery, improved tourism season visible in Sept budget data as revenues beat target by 943 mln
EconomyMacroeconomyThe budget primary balance up to September landed at a deficit of 5.96 billion euros, compared with a deficit of 7.01 billion in the same period last year, the preliminary Finance Ministry (MoF..., lower than the target by 208 million euros. Expenditure Overall expenditure in the first nine months
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturescame into force, more than doubling from its previous level of 6 percent to 13 percent. The same... hotel buildings that have not been used before. In the case of a transfer, a 2.4 percent stamp duty... is structured as a share deal, no Greek direct or indirect taxation (e.g. capital gains tax, RETT, stamp
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Athens certifies improving mood in Greek-Turkish relations during Erdogan's visit
PoliticsForeign Policyto take place in several years that Athens would somehow be able to rubber stamp this change.... Greece refers to the minority as “Muslim” rather than “Turkish”, in line with the 1923 Lausanne... for Erdogan’s visit, which were to rubber stamp the improvement in the mood between the two countries
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomyexpenditure coming in 2 billion lower than target, while revenues beat target by 640 million. The monthly... to 1.04 billion euros, 2.84 billion better than target. Revenues Revenues (before tax refunds) rose... billion euros, 640 million higher than the reported target (including the first ENFIA instalment
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Greece cheaper than average for majority of categories except food, most expensive for communications
Societyas postal services and the internet. The country came in 57.6 percent higher than the EU average... prices were 5.2 percent higher than the EU average, ahead of Germany and the Netherlands. In other areas, Greece emerged with lower than average prices. Housing costs and prices in Greece came
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Three in 10 workers in part-time jobs, earning less than 400 euros
Societypercent did not make more than 23.48 per day. Men were more likely than women to be in full-time... in full-time work, the average daily salary was 15.1 percent higher than that for women (52.69 euros... and 23.09 for women.The same was also true for part-time work. Although women were more likely than
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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economy. According to Ergani Greek companies are dominated by small firms as more than 88 pct employ less than 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct
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