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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politicseuros. #Greece new unpaid taxes at €763 mln in Apr (from €1.21 bln in Mar) & at €4.33 bln year to date. Outstanding tax debt at 65.97 bln. #economy — MacroPolis (@MacroPolis_gr) May 29, 2014 Around
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Primary cash surplus at 6.4 bln in year to date, expenditure rises during May
EconomyMacroeconomyincludes an arrears’ repayment of 662 million euros, of which 198 million was paid in May. The overall.... The breakdown showed that on a monthly basis, revenues fell by 291 million in May to stand at 3.18... million euros to 2.38 billion. On an aggregate basis, overall expenditure from January to May
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Economic sentiment shows slight rise to 100.8 in May
EconomyMacroeconomy. Compared to May 2018, consumer confidence has shown a strong improvement of 19.1 points. A mixed picture...Greece’s economic sentiment (ESI) edged up by +0.3 points in May to 100.8 points, European Commission (EC) figures revealed on Tuesday. May’s reading is the fourth consecutive figure over
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomyGreece’s current account (C/A) balance came to a surplus of 300.6 million in May from a deficit.... The secondary income balance showed a strong surplus of 736.6 million, improving fully from a slight surplus of 0.3 million for the same month in 2018. Total exports of goods in May came to 2.97 billion
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Industrial production growth slows to 1.4 pct annually in May, only manufacturing expands
EconomyMacroeconomytrend. The expansion was due to a strong rise in new orders, with pace quickened from May due...Greece’s Industrial Production Index (IPI) slowed in May, rising by 1.4 percent year-on-year (YoY... (ELSTAT) data released on Monday. The index has been growing in all five months of 2023. Up to May
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Car sales drop 2.5 pct in May for second successive month
EconomyMacroeconomyfor the second straight month in May but at a slower pace of 2.7 percent after a drop of 7.5 percent in April... in May, which is the second highest reading since June 2010, after a recent high of 17,290 a year ago. Passenger cars fell at a sharper pace of 6.5 percent in May following a broadly similar drop of 7.3
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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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Athens and Ankara keep ties ticking over pending elections
PoliticsForeign Policyare to take place on May 14. The result of these elections is also crucial for Greece and its... these developments in Turkey ahead of the elections on May 14. Most politicians and diplomats share... and the United States, may change. In an interview with Greek public broadcaster ERT, Cyprus’ new
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Greece secures F-35 jets as US tries to appear even-handed following F-16 deal for Turkey
PoliticsForeign Policyrequest to US President Joe Biden in May 2022. Concluding his message, the Greek premier said... to 40 of F-35s. According to media reports, due to budgetary restrictions the procurement may only... to take place in April or May. In Davos earlier this month, Mitsotakis noted that following last
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Athens wary of implications from Erdogan's cancelled trip to Washington
PoliticsForeign PolicyThe postponement of Turkish President Recep Tayyip Erdogan’s visit to the White House on May 9... of the Greek premier to Ankara on May 13 is not affected in any way by this development. For many weeks now... to Türkiye in May.” Pressure for Patriot & S-300 systems The Greek Premier is also expected to discuss
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