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  1. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    plan proceeds and direct tax arrears were the key revenue categories posting an underperformance. Direct taxes soared 37.4 percent in June, leading the 6-month figure up 9.3 percent to 8.58 billion, 451

    4%

  2. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    -resident’s direct investment in Greece showed a net inflow of 55 million euros in June from 653 million... in Eurobank Properties to Wellington Management LLP. As a result, the year to date direct investment

    4%

  3. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    (by 555 million), other non-tax revenues (by 320 million) and other direct taxes (by 212 million) more.... The evolution of revenue figures indicated direct taxes soared 63.4 percent in July and 18.7 percent

    4%

  4. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    transfer receipts from the EU. BoG’s data did not reveal any material non-resident’s direct investment... to the end-July figure. This showed a net inflow of 1.1 billion, while residents’ direct investment

    4%

  5. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    euros in the 8-month period. SETE did not upgrade yesterday its revenue estimates, which call for direct... Conference on October 21, its chairman Andreas Andreadis noted that tourism’s direct and indirect

    4%

  6. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    ’s direct investment in Greece in September, as was the case in August. As a result, the respective..., while residents’ direct investment abroad showed a net outflow of 422 million euros. Under

    4%

  7. Travel receipts up again in September, reaching 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    increase on last year’s figure of 20 million. However, SETE has not altered its estimate for direct... that tourism’s direct and indirect contribution to the economy corresponds to revenues of 37.6 billion

    4%

  8. Accommodation and food services index up 7.6 pct in Q3
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    that the hike in the VAT rate has a direct positive impact on VAT revenues by at least 350 million euros... the total (direct and indirect) negative impact on 2015 GDP would reach 3.8 billion. It also highlighted

    4%

  9. Greek current account balance turns negative in October after four month of surpluses
    Photo by MacroPolis

    EconomyMacroeconomy

    receipts from the EU. BoG data also showed that non-resident’s direct investment in Greece stood.... As a result, the 10-month figure slightly rose to 1.34 billion, while resident’s direct investment abroad

    4%

  10. Our most popular stories in 2014

    Agora

    of domestic demand and re-direct production and capital to tradable goods. In the report it handed... in places that are out of our direct view: Living rooms, offices, factories, hospitals and in the deepest

    4%