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VAT and income tax boost revenues, budget underspend at 4.25 bln in Sep
EconomyMacroeconomyin September 2023. The overall balance is better than the target by 3 billion euros. Revenues Net revenues... higher than the target, mostly thanks to corporate taxation, up by 664 million euros from the target
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PMI shows slight improvement in Oct, sector outlook improves
EconomyMacroeconomyin the sector being stronger than the series average, though it is the second weakest in almost one year... reported in recent surveys, however, the rate of expansion was slower than earlier in the year
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek Politicsthat the higher-than-expected revenues, which he attributes to a growing economy and the successful... than expected. New Democracy has repeatedly rejected calls from the opposition parties to reduce
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Spotlight on challenges to labour productivity growth
EconomyMacroeconomyproductivity growth and is an outlier is Ireland with more than 5 pct. The next cluster of countries... of firms in Greece that are classed as SMEs, employing less than 250 staff.
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Newsletter 440 - 08/11/2024
of the government’s plans. He explained that the higher-than-expected revenues, which he attributes... crisis, are one of the reasons that public coffers are fuller than expected. New Democracy has repeatedly
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Ruling party tension boils over as Mitsotakis ousts ex-PM and right wing figurehead Samaras
PoliticsGreek Politics’s latest intervention left Mitsotakis with no option, though, than to oust him from ND. Anything... on the horizon is that rather than risk losing his majority, Mitsotakis triggers snap elections
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OECD report underlines sobering reality of economic recovery
EconomyMacroeconomypoints. However, more than 70 pct of the population is facing difficulties, although it should be noted... than 30 pct, when the EU average is 21.4 pct. This reaffirms the latest OECD report and explains why
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Mitsotakis tries to move on from Samaras row but more fallout may follow
PoliticsGreek Politicsfacing tighter fiscal conditions than when it previously provided such handouts. Also, it is possible... of senior officials whose political ideology is closer to Samaras’s rather than the PM’s. Samaras’s
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Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
EconomyMacroeconomy2023. The overall balance is better than the target by 598 million euros. After the submission..., 38 million higher than the target, mostly thanks to corporate taxation. Tax refunds came to 6.08
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomywas estimated at 15.1 pct, more than doubling from the 7.1 pct growth of 2023. In fact, the Finance.... The government came to power also promoting itself as a more competent candidate than its predecessors
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