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  1. New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s new tax debt increased by 766 million euros in January from 1.30 billion in December, data... against the previous month’s figure of 1.26 billion. The VAT collectability rate fell to 83.9 percent... percent of the month’s total (693 million) stems from tax categories. The remainder is related

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  2. Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s industrial turnover shot up by 12.7 percent in January, after December’s figure.... The 12-month trailing index grew by 11 percent. January’s figure returns the index to positive.... The month’s performance was largely driven by an increase of 16.1 percent in mining and quarrying, along

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  3. Green light for next bailout funds as Commission stands ground on post-MoU scenarios
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    billion euros, 3.3 billion will be used for servicing Greece’s debt, 1.9 billion euros will go... that the IMF’s demands for the tax-free threshold to be lowered in 2019, a year earlier than planned... compensatory fiscal measures is unlikely to be supported by Greece’s European lenders. The Commission believes

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

    EconomyMacroeconomy

    of 2018, up by 28.9 percent against last year’s figure of 2.14 billion euros, the Finance Ministry... balance remained positive and came to 899 million euros for February, declining against January’s figure of 1.85 billion. Year-on-year, February’s primary balance fell by 19.4 percent against

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  5. Athens, Skopje edge closer to name solution, but much ground still left to cover

    PoliticsForeign Policy

    this Friday to take stock of where negotiations stand. The atmosphere during last weeek’s talks between... of the unresolved matters of the name dispute. The two ministers held long talks during Kotzias’s visit last... name: Gorna Makedonija, meaning Upper Macedonia. Prime Minister Zoran Zaev’s government accepted

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  6. Tsipras eyes common ground with centre-left over revision of constitution
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras has declared his willingness to discuss a revision of Greece’s... with the current government, which he accused of not respecting Greece’s institutions. Venizelos has long been... of a new president of the republic by Parliament not to be linked to possible national elections. Greece’s

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  7. Unemployment rate at 20.6 pct in Jan, inactive population rises
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate came to 20.6 percent in January, edging slightly down from December’s figure of 20.8 percent, Hellenic Statistical Authority’s (ELSTAT) data showed... month’s figure of 16 percent. Across the rest of Greece, unemployment ranged between 18.6 and 21.7

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  8. Central Athens shop closures at six-year low, mixed picture in other commercial centres
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    the March 2017 survey’s total of 26.3 percent. For Piraeus, the closure rate was 34 percent, down by 0.2 pp YoY. The city of Thessaloniki’s closure rate inched up to 26.3 percent from 26.1 percent... with the index falling to 0.685. Although the improving closure rate is good news for the capital’s

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  9. EquiFund makes official launch in bid to grow Greek businesses

    EconomyFeatures

    to the country’s small and medium-sized enterprises, specifically aiming to increase entrepreneurship and have... Plan, as it’s known, to unlock the potential of entrepreneurs across Europe. "With EquiFund, we... enterprises, and confirmed the EIF’s long-term commitment to Greek businesses. The majority of Greece

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  10. Industrial turnover grows by 3.1 pct in February

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 3.1 percent in February, slowing down from January’s... published on Thursday. The 12-month trailing index grew by 9.6 percent. The month’s performance was largely... and semi-trailers (-23.8 percent). February’s manufacturing PMI increased by 0.9 points to 56.1

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