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  1. Tourism accounts for 27.3 pct of Greek GDP in total, study shows

    EconomyFeatures

    , with the report estimating that the total employment at the height of the tourism season (Q3 2017) came to around 630,000 people or 16.9 percent of total overall employment. Factoring in the industry’s

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  2. Budget primary shows deficit of 18.20 bln in 2020, total deficit at 22.81 bln

    EconomyMacroeconomy

    . There was no projection for this amount in the Budget 2021 introductory report. State budget total revenues stood at 53.03... period last year, interest payments stood at 5.23 billion. In the year to date, total expenditure

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  3. Small total surplus for budget at close of 2025 as underspend remains prominent

    EconomyMacroeconomy

    . The total budget balance up to December showed a minor surplus of 17 million euros, from a 369 million... euros in the period, exactly on target. Greece has received 3.46 billion euros in total from the RRF.

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  4. SYRIZA sees opportunity in tepid response to govt initiatives, PM's cosseting of right wing

    PoliticsGreek Politics

    Mitsotakis set out a package of 3.5 billion euros in fiscal measures – some already in effect, but many..., aimed at winning over voters. According to reports, SYRIZA’s economic proposals are set to include... party is beholden to its right-wing faction and far from the modern, liberal grouping

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  5. Newsletter 86 - 26/08/2016

    Newsletters

    highlighted the need for Greek authorities to “set the record straight and avoid misinterpretation... of poverty or social exclusion. The absolute figure stood at 3.8 million in 2015, from about 3... to the poverty threshold set in 2005. When measured that way, the deterioration of living standards

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  6. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    and the perilous state of relations with Turkey. The New Democracy leader set out the latest range... above the EU28 average, and at around 5 pct of total spending. Mitsotakis justified the decision... towards 20 pct. Fiscal Mitsotakis also announced a set of 12 measures to help the economy and protect

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  7. Newsletter 318 - 26/11/2021

    Newsletters

    economic and social policy against the current set of circumstances”, adding that with it the government... campaigns that saw a variety of Greek media outlets receive more than 40 million euros in total... the ruling conservatives. The way that the campaigns were handled did not set well with some

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  8. European Parliament vote delivers blow to PM as rise of far right, low turnout dominate
    Photo by MacroPolis

    PoliticsGreek Politics

    in the vote, well ahead of its opponents. The goal set by the PM was for his centre-right party... this number. According to official projections, New Democracy was set to gain just 28.6 pct... European elections and 3 points below its showing in last summer’s national elections. The result

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  9. Newsletter 435 - 04/10/2024

    Newsletters

    on 7.7 pct. The six candidates for the leadership of PASOK have their eyes set on the challenge... of the cornerstones of the new SGP framework, meant to keep increases in spending in the region of 3... and fighter jets. Primary spending growth settles at the required threshold of 3 pct in 2027 and 2028

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  10. Addressing some misconceptions about Greek budget revenues and unpaid taxes

    Agora

    billion euros, making up just 3 percent of the total amount. On the other side, 80 percent... consumption taxes were almost exactly where they were expected to be. Overall, total tax revenues reached... reason for the total revenue underperformance. Tax arrears An important indicator related

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