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Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
EconomyMacroeconomyto the reduced production requirements, firms cut employment further, though at a fractional rate... unchanged, contractions in new orders and foreign client demand remained. Encouragingly, however, the rate... the joint-slowest since February 2021, the rate of increase in charges was well above the series
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Newsletter 170 -13/07/2018
diplomats and barred another two from entering the country after holding Moscow responsible for attempts... not to increase the VAT rate on the five islands in question at the end of June. Although the fiscal... to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos
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Special tax structure would benefit hotels and jobs, bank argues
EconomyFeaturesin recent years, heavy taxation, especially VAT, remains a problem. In October 2015, a new rate of hotel VAT... rate is applied throughout the country, with a 30 percent discount until the end of this year... amount passed on to customers in the form of higher prices. As the report notes, the relevant tax rate
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Newsletter 185 -30/11/2018
, which Tsipras promised at the Thessaloniki Expo in September. The rate is due to fall from 29... in the hopes of gaining a foothold at the polling booth. rate will be spread out over several years... to holding elections in March. According to Kathimerini, one of the outlets to suggest that this option
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Worrying Covid data forces ND to take tough policy decisions
PoliticsGreek Politicsthe case for getting the jab. As of Sunday, 62 pct of the general population had received at least one jab. More than a third of the people getting vaccinated over the last few days have been citizens..., the government has only forced health workers to get the jab in order to continue working
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Newsletter 25 - 08/05/2015
at this juncture. This holding off on payments is expected to continue until an agreement is reached... of the deal could rest on these details. Unemployment rate eases again The seasonally adjusted unemployment rate eased for the second straight month in February, when it fell by 0.2 percentage points
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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomy. The consumer credit sector was the mostly hit by the crisis, while the rate of contraction in April fell below the 3-percent mark for the first time since October 2010. The rate of drop in corporate
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomythe implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate
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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
Economy, while the cumulative drop in imports was 9.9 percent, higher than the March rate of 8.8 percent. Real GDP The revision of national accounts also impacted the real GDP growth rates, with the 2014 rate
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Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007
EconomyMacroeconomyin December, with the highest rate recorded by electricity production (+11.3 percent) followed by mining... at a rate of 12.8 percent, while energy and consumer non-durables also improved by 7.9 and 5.8 percent
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