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  1. Reshuffle speculation resurfaces, swiftly dismissed by government

    PoliticsGreek Politics

    . This was interpreted as a sign that the performance of some ministers is considered below par..., it is standard practice for government officials to deny changes are imminent until the prime minister

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  2. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    of 24.5 percent. In contrast, taxes on corporate income to GDP fell from 2.1 percent in 2011 to 1.1... percent in 2012 remaining above the OECD average of 19.5 percent. Greece’s standard VAT rate of 23...) among eurozone countries. The report acknowledges that the average standard VAT rate of the 21 OECD EU

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  3. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    euros. #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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  4. Newsletter 144 -15/12/2017

    Newsletters

    or to hold on for as long as possible in the hope that the recovering economy will heal some.... The budget balance in the first 11 months of 2017 recorded a deficit of 763 million euros, landing

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  5. IMF paper suggests shadow economy still thriving

    EconomyFeatures

    A working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has... of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined... the shadow economy operates under the radar, it keeps revenues out of the official economy, leading

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  6. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT). It is noted that the IPI had retreated 3.6 percent in 2013 slightly higher than

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  7. National Bank posts net loss of 1.1 bln in Q4
    Photo by MacroPolis

    EconomyBanking

    the negative impact from the 1.1 billion one-offs and to a lesser extent the revaluation of its available

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  8. Current account deficit widens to 933 mln in December, 2016 balance turns to deficit of 1.1 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of 1.1 billion in 2016 form surplus of 205.8 million in 2015. This is largely attributed

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  9. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    of 1.12 billion in February as gross revenues slowed down by more than 1.1 billion month on month (MoM

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  10. Stocks rise for first time in three weeks, gaining 1.1 pct
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The Greek equity market traded in mild negative territory until Wednesday, while a rebound in the last two sessions erased earlier losses leading to weekly gains of 1.1 percent. The trading activity remained largely at previous week’s level, while the turnover climbed to 181 million on Wednesday

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