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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyof 3.5 percent of GDP primary surplus. The draft budget also includes all the fiscal interventions... newborn baby and the reduction in the VAT for all baby products, and safety helmets for motorcycles... seen closing the fiscal gap. Incorporating all fiscal interventions, total revenues in 2020
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Study sheds light on different experiences, aspirations of new and long-term migrants
Societyand integrating into Greek society. Almost all Georgians and 64 percent of Albanians expressed their religion as Orthodox Christianity, while nearly all Afghans and Syrians reported being Muslim. However, 77 percent of all migrants surveyed said that they never attend a religious ceremony, regardless
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Hotel industry sees investment in high-end units, but hampered by seasonality
EconomyFeatures, for example, four and five star hotels made up 5.8 percent and 25.3 percent of all hotels... and end of the peak season, showed an average increase of 11.1 percent YoY across all star categories... the peak season for the hotel industry with all star categories reporting occupancies of over 80
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammeto the impact of the coronavirus after receiving the all-clear from the Eurogroup regarding this year’s... in play this year. “We all agree that of course Greece will also be able to make full use... revenues and higher spending have to be taken into account for all member states. “The economic shock
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A tax credit for Greece: The significance of an independent public revenue service
Agoraentailing priorities informed by international best practice, and above all, well-known political... here is simple: elected politicians normally make tax law and policy with all the guarantees..., media ownership etc.) is concerned; rather all taxpayers ought to be treated equally and in line
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Greece braces for deeper Covid-19 impact on economy, budget and public debt
Economy, like additional spending for the national health system and the bonus for Easter to all health... bonds up to January this year and by collecting all wider sector deposits in the Bank of Greece... strength by all rating agencies. It is certain, though, that the combination of the economy collapsing
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Newsletter 249 -08/05/2020
quarantine-free travel between participating countries. All the evidence points to a very limited 2020... at hospitality and catering businesses, stressing that all economically feasible options are on the table... on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06
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On lockdown: The moments that will remain
Agoraof unrest, the precariousness of all things in this world,” wrote Camus. Bring the noise The limited... with the same common sense and precaution as numerous other countries, putting human life above all... workers, the staff at migrant camps and members of the Civil Protection Authority – all people who put
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Greece plans tourism reopening while waiting for EU guidelines
EconomyFeaturesthe aviation industry, the Greek authorities suggested that with mandatory use of masks, all airline... a common toolbox including tracing apps to be used across all member states, within GDPR guidelines... on overseas visitors. The market is also highly affected by seasonality, with 71 percent of all
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economydeficit is seen by the BoG at 2.9 pct of GDP this year. All forecasts are subject to a range of risks... a speedy recovery in the form of making the most of all available EU-wide tools that will support... recovery. Finally, Greece needs to use all available instruments in the Next Generation EU package
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