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Greece’s unstable and confusing tax system failing to deliver results
EconomyMacroeconomy2008-2016, Greece’s GDP plunged by 27 percent, while tax revenues declined by only 7 percent, reflecting... on an income of 25,000 euros and under per year paid just under 33 percent of all taxes. Just under 12 percent
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeaturespercent) and the Ionian islands (12 percent). Broken down by direct revenue contributions to regional... the same at 7 nights. Inbound tourism excluding cruises increased by 9.7 percent to 24.8 million
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB... (+12 bps) and lower risk weighted asset impact (+19 bps), which offset a reduction from available
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Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
EconomyMacroeconomyMacedonia (12 percent). The three largest rises were noted in the Ionian islands (+43.2 percent...), falling by 7 percent compared to the same time last year. The smallest number of absolute permits
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Newsletter 166 -15/06/2018
permits), falling by 7 percent compared to the same time last year. Building permits fell by 2.3 percent... percent), Epirus (-20 percent) and central Macedonia (12 percent). For the first three months from
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Multi-bill passed, sub-tranche released but debt relief expectations dwindling
EconomyProgrammeand the extension will be smaller, possibly at around 7 years. The length of the extension could be directly... funding is made available, it is expected that the final disbursement made by the ESM will be around 12
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Newsletter 168 -29/06/2018
from SYRIZA, 7 from ANEL) in the 300-seat Parliament. The departures have created a negative trend... unpopularity but also because it does not have more than around 12 months in power left. The political
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General govt primary cash surplus at 2.82 bln in July, arrears unchanged
EconomyMacroeconomyalso declined by 12 million to 14.69 billion (4.3 percent of the total). Bonds showed a fall of 1.84... 7 percent of the total. In the year-to-date, repos have risen by 8.54 billion euros. Bank of Greece
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Newsletter 186 -07/12/2018
to a report in To Vima weekly last weekend, Greece will look to raise 7 billion euros from the markets... and a stable tax rate for 12 years from the implementation of the investment plan, as well
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Mistrust of politics grows as army and police gain favour, survey indicates
Societywere political parties, with only 12 percent of Greeks saying that they trusted them and 74 percent... improved trust score was for the Bank of Greece with an increase of 7 percentage points (pps) from
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