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  1. May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
    Photo by MacroPolis

    EconomyMacroeconomy

    , direct taxes showed an increase of 2.1 percent to 5.54 billion and beat their target by 96 million... basis, indirect taxes fell by 12 percent compared to the same month last year. Direct taxes showed

    4%

  2. S&P upgrades Greece to 'B+' on back of Eurogroup agreement
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    authorities have a poor record of attracting direct investment from abroad. Further credit ratings upgrades would be considered by S&P if policy predictability gets stronger, net foreign direct investment

    4%

  3. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    that this year Greeks will work 50 days for direct taxes, 67 days for indirect taxes and 81 days for social.... All three of these issues are direct concerns for the Greek economy as well. Less than half

    4%

  4. Budget primary surplus confirmed at 635 mln in June on lower spending
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The breakdown showed that in the first six months of the year, direct taxes declined by 2.6 percent... by 9.9 percent YoY and came to 2.18 billion. Direct taxes showed a decline of 22.8 percent and landed

    4%

  5. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , direct taxes declined by 3.5 percent to 8.96 billion, below target by 449 million. This was driven... by 6.3 percent YoY and came to 2.63 billion. Direct taxes showed a decline of 6 percent and landed

    4%

  6. August current account shows surplus of 1.56 bln as deficit in primary income account grows
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    external assets showed no notable change in August under direct investments. Portfolio investment.... During the aggregate period, residents’ external assets under direct investment increased by 432 million

    4%

  7. Primary surplus confirmed at 4.80 bln on lower tax refunds and public investments
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion, below target by 507 million euros. Direct taxes fell by 1.9 percent YoY in the aggregate period... basis, indirect taxes rose by 2.1 percent YoY and came to 2.15 billion. Direct taxes meanwhile fell

    4%

  8. September current account surplus at 550.8 mln as goods deficit increases
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    no notable change in September under direct investments. Portfolio investment showed a net increase..., residents’ external assets under direct investment increased by 517 million euros, while

    4%

  9. Primary surplus confirmed at 6.44 bln in October on revised budget targets
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent in the aggregate period to 3.10 billion euros, landing exactly on target. Direct taxes were... rose by 2.6 percent YoY and came to 2.61 billion. Direct taxes showed a sharper rise, increasing

    4%

  10. October current account deficit at 871.3 mln as goods balance worsens
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ’ net external assets showed no notable change in October under direct investments. Portfolio investment... and T-bills. During the aggregate period, residents’ external assets under direct investment increased

    4%