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  1. Parties' competing tax pledges come up against challenging reality

    EconomyFeatures

    and their practical feasibility. Tax base A total 8,907,722 individuals declared income in the tax year 2017... an increase of 7 percent in the number of declarations over 2012. However, total taxable income fell... on an individual basis fell from 11,500 euros in 2012 to 9,015 in 2017, a drop of 22 percent. Total income tax

    7%

  2. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct

    7%

  3. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    to 1.23 billion in November, grants to hospitals jumped to 388 million in November from a total... largely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved.... Despite the notable over-performance by 806 million in November, the December total revenue figure

    7%

  4. Q3 GDP beats consensus, rises by 0.5 pct QoQ and 1.5 pct YoY
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    posted in Q2, while increased by 1.1 percent YoY. Nominal GDP also remained stable in the 9-month... respectively. This dragged total consumption down by 1.6 percent. For the whole year, the Finance... of the total figure. Investments grew by 2 percent in H1 and are seen increasing by 3.3 and 4 percent

    7%

  5. Industrial production improves by another 8.7 percent in March

    EconomyMacroeconomy

    of the total index. Electricity production, which makes up more than one fifth of the total index, rose... of the total index. Furthermore, water supply production edged up 0.4 percent. All five main...) and water supply (+1.1 percent) production. The most recent industrial-related indicators showed

    7%

  6. Newsletter 128 - 21/07/2017

    Newsletters

    population. Industrial turnover up 19 pct in May ELA funding ceiling falls by further 1.1 billion to 40.5... of the total index. The breakdown revealed that the industrial turnover in the non-domestic market rose... of the Emergency Liquidity Assistance (ELA) ceiling for Greek banks to 40.5 billion, reduced by 1.1

    7%

  7. Travel balance increases by 16 pct in June and 19.5 pct in first half of year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by an increase of 22.3 percent in foreign arrivals, coming to a total of 4.1 million visitors for the month... percent to 150,300 while those from Russia dropped by 9.2 percent to 98,600. In total, arrivals from... to 1.6 million, while non-European visitors fell by 5.7 percent to 1.1 million. The aggregate

    7%

  8. Newsletter 196 -01/03/2019

    Newsletters

    of the three (out of a total of 16 reforms) with which the European Commission is not yet satisfied... level of ambition” in tackling state arrears, noting that the effort to bring total arrears down close... index came to 1.5 percent. Credit contraction at 1.1 pct in Jan Outstanding balance decreases

    7%

  9. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    -denominated rose by 1.1 percent to 365.7 million. Receipts from non-EU countries increased by 29.1... to 131,900. Finally, visitors from Russia increased by 10.7 percent to 26,100. In total, arrivals from the EU... by 8.4 percent to 1.1 million. Visitors from non-euro areas within the EU 28 showed a decline

    7%

  10. Travel balance rises by 0.8 pct in September and 9.1 pct in 9M
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    to 8.8 million. Arrivals from outside the EU fell by 2.2 percent to 7.3 million. In total, arrivals... arrivals, coming to a total of 4.9 million visitors for the month, although the average expenditure... slightly by 0.6 percent to 217,600, while UK visitors fell by 2.2 percent to 527,600. Visitors from the US

    7%