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  1. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    3.96 billion of taxes collected per month, another 1.08 billion of unpaid taxes remain outstanding... out to an average of roughly 223.2 million euros per month this year, which stands higher than

    16%
  2. Greece issues 7-year bond, moves closer to wrapping up third review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    properties, with a rate of 2,000 auctions per month in the last quarter of the year. Between 2019 and 2021, auctions should further rise to 40,000 auctions per year. E-auctions are likely to be one

    16%
  3. Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    decreased by 0.3 percent and came to around 562,500 visitors. The average expenditure per trip rose..., according to the BoG. Average aggregate expenditure per trip rose by 1.4 percent to 521.1 euros compared

    16%
  4. Newsletter 154 -9/03/2018

    Newsletters

    of positive growth per quarter since 2014. GDP grew by 1.9 percent year-on-year (YoY) after upwards revised... year of growth per quarter since 2014.

    16%
  5. Greek hourly labour costs less than half of eurozone average
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    of 14.50 euros per hour for an enterprise with 10 or more employees for 2017, excluding the sectors... was industry at 15.30 euros per hour, followed by non-business (15 euros), services (14.30 euros

    16%
  6. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to 0.1 percent after being flat in 2016, against an EU average of 1.9 percent. GDP per capita... prices increased by 8.6 percent. Compensation per employee in Greece declined by 0.9 percent year

    16%
  7. Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    a positive impact on travel receipts. Receipts were also boosted by a rise in expenditure per overnight stay which rose by 69 euros. The average length per trip was stable year-on-year at around seven

    16%
  8. Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The average expenditure per trip rose by 3.4 percent year-on-year to 312.30 euros. Travel receipts from.... Average aggregate expenditure per trip declined by 7.6 percent to 278.8 euros compared to 301.6 euros

    16%
  9. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according... on an income of 25,000 euros and under per year paid just under 33 percent of all taxes. Just under 12 percent

    16%
  10. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    seasonality is a trend of the global tourism industry and not just in Greece. The average expenditure per... percent. The average expenditure per night also increased by 1.1 percent to 67.7 euros.

    16%