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  1. Newsletter 318 - 26/11/2021

    Newsletters

    growth is seen averaging 3.3 pct in the period up to 2029 and 3.5 pct in the following decades up..., increased VAT revenues mainly thanks to tourist activity. Property market Greece’s property market has... the alternate interior minister, former health minister Vassilis Kikilias (now tourism minister

    26%

  2. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    reflects weak income tax and revenues from VAT. In particular, income tax plummeted 47.5 percent to 519 million euros, 479 million short of target, while VAT dropped 16.3 percent to 1.33 billion, 321 million lower than target. The revenue shortfall stems from the extension of the VAT payment until

    26%

  3. Newsletter 190 -18/01/2018

    Newsletters

    by 23.4 percent year-on-year (YoY) in October compared to an increase of 6.6 percent in September... billion euros and was below target by 611 million. Monthly net revenues totalled 5.34 billion euros

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  4. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    falling for a third straight month. They were down by 6.6 percent in May and 4.5 percent in the 5-month period to 9.11 billion euros. VAT rebounded 1 percent in May, while the 5-month figure eased 1.3... to -3.3 percent in May (from -2.7 percent in April) leading the 5-month figure down 8.4 percent

    25%

  5. Tsipras tries to entice voters with VAT cuts and pension bonuses
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    products from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT

    25%

  6. Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
    Photo via https://flic.kr/p/j1gHCm

    PoliticsGreek Politics

    evasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks

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  7. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative

    25%

  8. Retail turnover fall accelerates to 3.3 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell for the sixth straight month in April at an accelerating pace of 3.3 percent from a downward revised 0.6 percent in March, according to the Hellenic Statistical Agency (ELSTAT). The April headline figure is the highest drop since December 2014

    25%

  9. Drop in disposable income accelerates to 3.3 percent in Q3

    EconomyMacroeconomy

    Greek household disposable income dropped at an accelerating pace of 3.3 percent in the third quarter (Q3) of 2015 from a revised 2.4 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures displayed on Monday. In absolute terms, disposable income reached 30.41 billion euros in Q3 down

    25%

  10. Eurosystem funding drops by 3.3 bln in Nov for 17th straight monthly fall

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by another 3.3 billion euros in November, after a broadly similar drop of 3.53 billion in October, Bank of Greece's (BoG) monthly financial statement showed on Tuesday. This was the 17th successive drop leading the Eurosystem funding balance down to 68.49

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