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  1. Building activity decreases at slower pace of 5.3 pct in April

    EconomyMacroeconomy

    time, the building surface and volume continued heading south at double-digit rates decreasing by 11... surface and volume posted higher drop rates of 17.9 and 16.3 percent respectively. Building permits

    3%

  2. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    by an average rate of 12-13 percent. At the same time, the tax rates have increased accordingly... of the supplementary property tax has been lowered from 300,000 to 200,000 euros, while the tax rates

    3%

  3. Property tax notices for 2016 to be issued, collection target remains same

    EconomyMacroeconomy

    ENFIA relate to the reduction in the objective prices and the consequent rise in the tax rates... euros, the increase in the tax rates for property values above 300,000 euros as well as for plots

    3%

  4. Newsletter 86 - 02/09/2016

    Newsletters

    at 0.86 percent in July, while corporate loan rates picked up in July, Bank of Greece data showed... rates remain 250-350 bps higher than the euro area average. In the household lending sector

    3%

  5. Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

    Economy

    loss due to reduced VAT rates and the ‘exemption gap’ representing the respective loss as a result... that combines loss from applying exemptions and reduced rates stood at 26.1 percent for Greece in 2014

    3%

  6. Travel receipts fall 3.5 pct in July, dragging balance down 5.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . The biggest growth rates in inbound traveller flow were posted by Russia (+40 percent) and the US... period. In contrast, receipts from France, Germany and the UK dropped at double-digit rates, while

    3%

  7. After Article IV consultations IMF says challenges remain, substantial debt relief is needed
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    are vulnerable due to an unaffordable pension system that requires financing by high tax rates... contribution rates coupled with lower tax credit and elimination of tax exemptions that benefit

    3%

  8. Greece slips five places to 86th in global competitiveness rankings
    Photo by MacroPolis

    Economy

    problematic factors for doing business in Greece were policy instability (17.6 percent), tax rates (17.1...) and policy instability (16.4 percent), while tax rates (8.3 percent) was less than half compared

    3%

  9. Greek teens less likely to smoke, get drunk than European peers but gamble more
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    96,043 pupils in 35 European countries. In what were the highest rates among their peers in Europe... alcohol at least once during their lifetime. The highest rates of lifetime alcohol prevalence were

    3%

  10. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    increase in taxes would stem from higher tax rates and the imposition of new taxes. PBO reiterates that the ongoing over-taxation is an impediment to achieving positive growth rates and would eventually

    3%