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  1. Newsletter 134

    Newsletters

    . The ministry admits that the main driver for this underperformance is from direct taxation and specifically... billion euros. Direct taxes estimates for 2018 have also been downward revised from the May MTFS

    4%

  2. Strong travel balance brings current account surplus to 1.83 bln in August
    Photo by MacroPolis

    EconomyMacroeconomy

    assets rose by 51 million euros, while liabilities under direct investment increased by 378 million... direct investment increased by 246 million euros, while the corresponding liabilities grew by 2.7

    4%

  3. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , while liabilities under direct investment increased by 305 million. The BoG noted that the most... and Treasury bills. During the aggregate period, residents’ external assets under direct investment

    4%

  4. OECD report shows Greece had highest tax ratio rise in 2016
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    composition representing roughly one-fifth of tax collection. Direct and indirect taxation has been..., in 2008 direct and indirect taxes were just above 21 percent of GDP. That figure is seen as just

    4%

  5. Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    this category, consumption tax rose at the sharpest rate (16.8 percent). Conversely, direct tax revenue fell... increased by 10.9 percent, direct tax arrears (+3.2 percent) and property taxes (+1.5 percent). Other

    4%

  6. Current account deficit at 624.1 mln in October as goods balance worsens
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    external assets under direct transactions recorded no notable transactions during October according... government bonds and T-bills. During the aggregate period, residents’ external assets under direct

    4%

  7. Athens seeks new approach as Nimetz visit marks more intensive name talks
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    relations.” Additionally, as we understand this “pact” will be the basis for direct negotiations... given the fact that the two governments have already begun direct talks on the matter. However

    4%

  8. Budget primary surplus confirmed at 2.75 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that in the first two months of the year, direct taxes rose by 7.9 percent to 2.71 billion and beat... and direct taxes by 7.3 percent, respectively. Privatisation proceeds in the aggregate period came

    4%

  9. Budget primary surplus confirmed at 2.37 bln in March, above target by 1.27 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year. The breakdown revealed that in the first three months of the year, direct taxes rose by 3.2... rose by 1.9 percent compared to the same month last year, while direct taxes fell by 8.8 percent

    4%

  10. Is the cost of Greece's public sector soaring again?
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    that were not abolished have been filled by direct ministerial appointment through provisional... the direct exercise of political discretion even further down the seniority scale than previously

    4%