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  1. Newsletter 352 - 23/09/2022

    Newsletters

    execution for July, shows that tax receipts from VAT are above their target by 1.15 billion euros, thanks to higher VAT on fuels by 257 million euros and VAT on other products and services up by 900 million... and a stronger labour market, much of the VAT performance is led by the inflation wave, which has

    3%

  2. Opposition clashes with govt over high energy prices, cost-of-living measures

    PoliticsGreek Politics

    to emulate the approach taken by Spain, which recently announced that it would be cutting VAT... ahead rather than the spot market. Responding to opposition calls for a freeze in VAT and other... compared to a VAT cut which would save them 36 euros. The government maintains that only a portion

    3%

  3. Newsletter 383 - 02/06/2023

    Newsletters

    outperforming considerably over the last year and half. This year alone, VAT on goods and services..., lower VAT rates in the short term are the answer. ND believes temporary stipends, like the Market Pass, are more appropriate. ND also notes that VAT interventions did not have the desired effects

    3%

  4. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    government, via its receipts of indirect taxes (VAT etc.) minus subsidies. The results are, again... taxes are booming in Greece and not in other countries. That VAT etc. is being used as an adjustment... that the country is mismanaged when a party in office adjusts the deficits by collecting more VAT

    3%

  5. Newsletter 186 -07/12/2018

    Newsletters

    . GDP shows annual growth of 2.2 pct in Q3 New investment framework drafted to attract business... of services rose by 2.2 percent QoQ. Final consumption expenditure edged down by 0.2 percent... by 2.4 percent QoQ. GDP grew by 2.2 percent year-on-year (YoY) after a slight downward revision of Q2

    3%

  6. Contraction of 0.1 pct in Q4 sees 2018 GDP fall slightly below target at 1.9 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 2.2 percent from a rise of 2.6 percent in Q3. The figures showed that nominal GDP grew by 2.5 percent... by the European Commission anticipated real GDP growth of 2 percent in 2018 and 2.2 percent in 2019... growth of 2.1 percent in 2018, picking up to 2.2 percent in 2019. ELSTAT noted that a second GDP

    3%

  7. Alpha Bank posts net profits of 53 mln in 2018
    Image via www.alpha.gr

    EconomyBanking

    loans. In 2018, the bank completed three major bad loan portfolio sales, totalling 2.2 billion euros... rose by 2.2 percent QoQ 280 million and fell by 2.2 percent on an aggregate basis. The cost to income

    3%

  8. Newsletter 239 -14/02/2020

    Newsletters

    . EC ups growth to 2.2 pct in 2019 Strong performance of 15-year bond bodes well for market strategy... of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from... growth stands at 2.2 percent. Net exports are the main contributor for last year’s performance

    3%

  9. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    percent QoQ. Over the nine months of 2023, the Greek economy has grown annually by 2.2 percent. Outlook... the economy to grow by 2.2 pct this year and by 2.2 pct in 2024. The European Commission in its autumn

    3%

  10. GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
    Photo by MacroPolis

    EconomyMacroeconomy

    and services were up by 2.2 percent. Compared to Q2 2023, all components recovered. Final consumption... that was published in June, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, a slight revision... Commission in its spring forecasts sees the Greek economy growing by 2.2 percent in 2024. In its

    3%