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  1. New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
    Photo by MacroPolis

    EconomyMacroeconomy

    for the same period last year by 17.7 percent. In June the total stood at 3.61 billion euros. New unpaid... to 3.64 billion euros compared to 3.36 billion in June. The VAT collectability rate came to 84.9... billion in July. Compared to June, this represents a decline of 223 million euros. An additional

    3%

  2. Turnover in tourism rises by 12.9 pct in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May. Receipts... in international arrivals for the month of June, with arrivals coming to 4.1 million visitors... in June. For euro-denominated countries, receipts showed a rise of 28.3 percent to 1.16 billion

    3%

  3. Retail turnover drops by 2.7 pct in July, volume falls by 3 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The current month’s contraction is the sharpest for the year so far, and the most negative reading since June... a revised decline of 2.4 percent in June. The negative volume reading follows a mixed pattern

    3%

  4. Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern

    EconomyProgramme

    relief measures that Greece was granted in June 2018, which, in the creditor’s view, warranted more... and the lowering of the fiscal targets up to 2022. Decisions on central bank profits are expected in June, whereas it is stressed that changes to the June 2018 agreement will need to be discussed at the Eurogroup

    3%

  5. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    begin to open by mid-June. Travellers will not need to be placed in quarantine and will not be obliged to take tests. City hotels are due to open on June 1, while seasonal hotels are expected to open by June 15. The government will announce a subsidy programme so hotels will be able to keep jobs despite

    3%

  6. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    at Athens International Airport from June 15. Land borders are due to open by mid-June, allowing... such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1, followed by summer season hotels on June 15. However the government faces a challenge in trying

    3%

  7. Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , while volumes fell by 25.5 percent. The latest business indicators for June published... to -6.2 in June. Compared to June 2019, consumer confidence has recovered by 14 points. After dropping... in June began to approach pre-coronavirus levels. Retail trade improved by 16.2 points month-on-month

    3%

  8. The EU decision excluding nuclear and fossil fuels from the Just Transition Fund

    Legal

    On June 25, a note was issued by the General Secretariat of the Council of the European Union... efficiency measures including renovation of buildings. The decision The agreement on the 25th of June... Agency (IEA) launched also on the 25th of June regarding EU’s Energy Policies in 2020. IEA’s report

    3%

  9. CPI falls by 1.8 pct YoY in July
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    to a decline of 1.6 percent seen in June, Hellenic Statistical Authority (ELSTAT) figures showed on Friday... fell by 1.7 percent compared to June. In the year so far, two positive changes were noted in January... index fell by 1.3 percent in July compared to an decrease of 1.4 percent in June. Additionally

    3%

  10. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    without a job in June are 13 pct higher (around 125,000 people) than in the same month last year. ELSTAT’s... and receipts dropped by 77 pct and 87.5 pct respectively. In June, receipts were 64.3 million, compared to 2.55 billion in 2019. Overall, receipts were 678 million up to June, compared to 5.41 billion last year

    3%