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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomyGreece’s unpaid taxes rose by 873 million in May at a slightly accelerating pace compared... Systems. Following May’s performance, the year to date figure of new unpaid tax obligations stands... at the end of May from 65.97 billion at the end of April. Although the cumulative debt keeps rising
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Greece is least socially just country in EU, report indicates
Societyand soup kitchens to help. Given the depth of the crisis, such measures probably proved inadequate
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CPI increases to 2.5 pct YoY in May, housing costs soar by 6 pct
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) picked up pace in May with a rise of 2.5 percent year-on-year (YoY) in May, from 2 percent in the previous month, according to the data released on Monday... percent, from no change in the previous month. In May 2024, the CPI was up by 2.4 percent YoY
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Government tables 2025 budget, seeing stable growth, solid public finances and lower debt
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Wednesday the final budget for 2025, which sees stable growth and a solid fiscal performance that keeps the debt-to-GDP ratio on a downward trajectory... budget affirms the solid tax performance this year, exceeding the initial target by nearly 4 billion
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CPI at 5.2% YoY in May as impact of Iran war spreads
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) growth was broadly stable in May with a rise of 5.2 percent...), the CPI was unchanged, from 1.5 percent in the previous month. In May 2025, the CPI was up by 2.5 percent.... The harmonised index of consumer prices (HICP) increased by 4.9 percent annually in May. Month
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Newsletter 106 - 10/02/2017
probably be dead in the water and may run the Potential compromise could see Athens agreeing to legislate... on the table until it is clear what it may get in return. The government does not want to accept upfront... would like but it may be persuaded to move ahead if it gets something in return. Debt relief
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Industrial turnover soars 19 pct in May for seventh successive month
EconomyMacroeconomy. The strong performance in May is largely attributed to a solid growth in manufacturing turnover of 18.8...Greece’s Turnover Index in Industry climbed at an accelerating pace by 19 percent in May, after... on Thursday. The May headline figure is the seventh successive positive reading and the third highest
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Energy products drive import price to second highest ever growth of 37.3 pct in May
EconomyMacroeconomyGreece’s import price index grew at a solid pace in May, posting another rise of 37.7 percent year... of the index also accelerated to 28.6 percent, from 27.3 percent in the previous month. In May.... The latest producer price in industry for May shot up by 43 percent, although it had the first month
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Late Easter helps retail sales rise by 14.3 pct YoY in May
EconomyMacroeconomy. The corresponding volume index also recorded a solid increase of 10.5 percent YoY. May this year was favoured...Greece’s retail sales jumped in May with a 14.3 percent year-on-year (YoY) rise, after an 1.3...’s monthly movement was up by 10.6 percent. Compared to May 2023, automotive fuel was up by 17.7
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PMI improves in May as manufacturers struggle with effects of Iran war
EconomyMacroeconomyGreece’s manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed on Tuesday. Growth in May accelerated to one of the strongest rates of the past... to replenish inventories. Strong order inflows encouraged capacity expansion, supporting solid
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