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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesVAT Total Tax Liability (VTTL). Out of the European Union countries surveyed, Greece fared among..., including revised figures for the years leading up to 2017. In Greece, VAT revenues rose by 2.2 percent... of all EU 28 countries. Based on the VAT collection figures available, the total amount of VAT lost
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Current account balance shows surplus of 1.28 bln in July
EconomyMacroeconomybillion to a deficit of 13.61 billion. Total exports rose by 2.2 percent, while imports rose by 4.7... ago. Total exports in July came to 3.03 billion euros, against 2.86 billion in July last year, showing a rise of 6 percent. At the same time, total imports reached 5.04 billion euros, from 4.69
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ELSTAT confirms third consecutive year or fiscal surplus in 2018
Economyfor public investments. According to the data in the second notification, in 2018 Greece ran a total surplus of 1.8 billion euros, or 1 percent of GDP. This is the third consecutive total surplus... 2.2 billion in short-term loans. Government revenues in 2018 were up to 88.57 billion, or 47.95
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Unemployment edges down to 16.7 pct, lowest since April 2011
EconomyMacroeconomyof 1.8 percent. Total employment reached 3.92 million people. ELSTAT’s data showed that there were... compared to July and by 4,407 persons when compared with August 2018 (-0.1 percent). The total... aged 35-44, where unemployment fell by 2.2 pps. The employment rate for this age group stands
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Newsletter 238 -07/02/2020
, to 4.8 percent in 2020, 2.6 percent in 2021 and 2.2 percent in 2022. The long-term risk-free rates... is also in the works. The banks Galaxy portfolio represents a mixed portfolio, which carries a total... securitisations in the first half of 2020. 2 Unemployment at 16.5 pct in Nov Total employment reaches 3.91
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Current account deficit more than halves to 2.57 bln in 2019
EconomyMacroeconomypayments rose to 246.3 million, down by 1.2 percent. Total exports in December came to 2.75 billion euros, from 2.46 billion last year, increasing by 11.7 percent YoY. At the same time, total imports reached 4.38 billion euros, a rise of 2.2 percent YoY. On an aggregate basis, the C/A deficit improved
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Unemployment drops to 16.3 pct in December
EconomyMacroeconomywhile is equal to a rise of 1.4 percent. Total employment reached 3.90 million people. The data... 2018 (+0.5 percent). The total inactive population now stands at 3.25 million. The unemployment rate... fell by 2.2 pps. Regionally, the lowest unemployment rate continues to manifest in Crete where
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingfunding makes up the total current sum. QoQ, the bank reduced its ECB funding by 600 million euros... customer deposits rose by around 2.2 billion QoQ to 47.1 billion. On an annual basis, domestic deposits... CET1 ratio as of Q4 2019 was 14.8 percent and total capital ratio at 16.8 percent proforma
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Newsletter 246 -03/04/2020
security contributions for up to 2.4 million workers in total for 45 days. He added that the addition... another 1.4 billion. This means that the total cost of these measures for March and April will reach 5.1... pledged comes to a total of 6.8 billion euros, or around 3.5 percent of Greece’s annual GDP. Despite
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyrose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... a deterioration in several underlying accounts. The goods balance deficit fell by 2.2 percent due
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