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Unpopular but effective property tax returns for another year
EconomyMacroeconomy(31.8 percent of total ENFIA). For those taxpayers, the ENFIA burden per taxpayer exceeds 2,500 euros... of 302 million and tax due of 3.65 billion, implying an average tax burden of around 1,600 euros per
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New round of cuts in supplementary pensions
Economystood at 8-10 percent, meaning a decline by less than 20 euros per pension, ETEA noted. The second... and supplementary pension exceeding 1,300 euros per month and was agreed with lenders in the context
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Turnover in tourism sector edges down 1.1 pct in Q2
EconomyMacroeconomyexpenditure per trip by 4.9 percent to 507 euros. The breakdown showed that travel receipts from eurozone... a slight increase in the average expenditure per trip to 582 euros this year from 580 euros in 2015
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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomybillion euros, corresponding to an average tax of 368 euros per capita. In 2015, 7.42 million individuals... of 424.9 million. This year’s figure corresponds to an average tax amount of 8,450 euros per company
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Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
EconomyMacroeconomyto 2.61 billion. The downswing in revenues is fully due to a decline in the average expenditure per trip... expenditure per trip by 6.3 percent to 542 euros, while arrivals grew by a modest 1.1 percent
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyis expected to generate would reach 2.4 billion towards 2041 or 1.4 billion per year on average over... in the 25-year period or 563 million per year. The largest share (57 percent) of the anticipated tax
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Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
EconomyMacroeconomyto a decrease in the average expenditure per trip by 11.6 percent to 596 euros, while foreign arrivals edged... fully reflects a reduction in the average expenditure per trip by 9 percent to 552 euros, while non
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World Bank sets out savings Greece can make from streamlining welfare benefits
EconomyProgramme, with the assistance of the World Bank, to reform benefits and generate savings of 0.5 percent of GDP per... increase the amount per child under the consolidated unified child benefit, improving efficiency
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Newsletter 95 - 11/11/2016
per household was enough, and one job per earner. Strong labour unions ensured adequate pay
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Greece’s downstream oil industry adapts to shifting demands
EconomyFeaturesis that though average refinery capacity in Greece is lower compared to the European average (131,000 barrels per day versus 144,000 barrels per day), the average Greek refinery’s Nelson complexity factor sits
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