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  1. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    provided in the press report. Revenues from tax offices, including VAT and single property tax (ENFIA) revenues, are higher from last year but lower than target. In January VAT revenues reached 1.33... to the one-month extension provided to taxpayers to pay their obligations. VAT revenues

    11%

  2. Newsletter 352 - 23/09/2022

    Newsletters

    execution for July, shows that tax receipts from VAT are above their target by 1.15 billion euros, thanks to higher VAT on fuels by 257 million euros and VAT on other products and services up by 900 million... and a stronger labour market, much of the VAT performance is led by the inflation wave, which has

    11%

  3. European Commission evaluates impact of bailout programme
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    EconomyProgramme

    period is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent... system as a last resort income support for the working age population. VAT The VAT reform resulted... percent for all other products and services. In addition, the VAT discounts for the Aegean islands

    11%

  4. Primary balance on target in Oct, revenues beat target thanks to tax and tourism VAT
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance up to October landed at a deficit of 7.2 billion euros, compared with a deficit of 9.07 billion in the same period last year, according to the preliminary Finance Ministry (MoF) budget execution data released on Monday. The pr...

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  5. The challenge in Greece: Funding an emerging economic recovery
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    create sovereign financing instruments that support the emerging recovery? Finding the money... lending? The provision of adequate funding remains essential in order to make the emerging economic... lessons to be learned and applied in the short-term for Athens. Funding the recovery in Greece will need

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  6. Territorial waters, hydrocarbon research cause friction between Athens and Ankara
    Photo via www.nato.int

    PoliticsForeign Policy

    to try to convince them that Greece is set to snatch 40,000 square kilometres from Libya's continental shelf. Akar also claimed that Turkey and Libya almost have neighbouring sea borders (EEZ or continental shelf). The signs are that Turkey is seeking a more active role in Libya. Akar's statements

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  7. Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
    www.mfa.gr

    PoliticsForeign Policy

    on the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya

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  8. Athens poised to take next steps on maritime borders
    Photo by MacroPolis

    PoliticsForeign Policy

    deposits by US ExxonMobil southwest of Crete provoked the reaction of Libya’s GNA government... and the Exclusive Economic Zone when there is a relevant agreement with Libya. The same diplomatic.... The same sources believe that this move could lead Greece and Libya to refer their dispute to the ICJ

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  9. Athens pleased about new EU-Egypt deal, seeks closer ties with Cairo

    PoliticsForeign Policy

    with flows to the Italian and Greek (from Libya to Crete) coasts. Europe is offering a "strategic... urgently needs Egypt to control migration flows from its borders with Libya and, secondly, to improve its... not control the border with Libya, from where Sudanese refugees and Egyptian migrants cross

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  10. Athens insists maritime spatial planning plans do not obstruct talks with Turkey
    Photo by MacroPolis

    PoliticsForeign Policy

    treaty with Libya in November 2019 was rejected by Greece as unlawful as the two countries... in which the main prize was Libya, and its vast oil resources. Turkey protests that it is being hemmed... of Greece with which it has not signed an EEZ agreement namely, Libya but also Albania. For the latter

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