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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyholding back 1.1 billion in investment spending, the opposition party argued. Haritsis argued that local... funds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97
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Mitsotakis touts benefits of energy deals against backdrop of criticism
PoliticsGreek Politicsestablish Greece as a gateway for LNG of predominantly US origin as a replacement for Russian gas... to the Alexandroupolis LNG terminal, the PM said the activation of the Vertical Corridor places Greece... in the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s
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Decline in Greek CPI slows to 1.1 pct in June after sharper fall in May
EconomyMacroeconomyThe Consumer Price Index (CPI) fell 1.1 percent in June, decelerating from the 2 percent drop... a temporary dive in May, June CPI returned to more normalised levels similar to the 1.1 – 1.5 percent.... The year on year decline of 1.1 percent in the June CPI mainly reflects a drop of 3.9 percent
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Industrial production up by 1.1 pct in Dec and 1 pct overall in 2018
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew year-on-year (YoY) by 1.1 percent in December from... with a fall of 13.8 percent. The seasonally adjusted IPI fell by 1.1 percent and came to 97.42 from... of 2.2 percent in the water supply index, 1.4 percent in the electricity production index and 1.1
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General govt primary cash surplus at 2.42 bln in April, arrears fall by 66 million
EconomyMacroeconomyof the total. Arrears Arrears to the private sector (including tax refund arrears) fell by 66 million... (+31 million). Since the start of the year, total arrears have risen by 45 million. Hospital arrears... percent of the total at 741 million euros. Debt Central government gross debt rose by 374 million
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New overdue taxes increase by 811 mln in July, total stock at 90.4 bln
EconomyMacroeconomyrevenues per month there are another nearly 1.1 billion of unpaid taxes. Meanwhile, legacy tax arrears... by individual and other corporate taxpayers. As a result, the total stock of overdue taxes, including legacy... to the previous month, total unpaid taxes increased by almost 600 million. Efficiency indicators GSPR
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New overdue tax obligations increase by 754 mln in April, total up to 94.8 bln
EconomyMacroeconomy. Of this year’s amount, almost 3 billion, corresponding to around three quarters of the total, relate to tax... and 9 billion to state-controlled companies and local governments. Overall, the total stock... collection. Specifically, revenue collection of legacy tax debt stood at 1.1 billion in the 4-month
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Tourism accounts for 27.3 pct of Greek GDP in total, study shows
EconomyFeatures, with the report estimating that the total employment at the height of the tourism season (Q3 2017) came to around 630,000 people or 16.9 percent of total overall employment. Factoring in the industry’s... percent. The average expenditure per night also increased by 1.1 percent to 67.7 euros.
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomysettling at 1.77 billion making up 47 percent of total arrears. Tax refunds were the only subsector... percent of total. Hospitals’ arrears are the third key contributor with the outstanding figure at 606 million at the end of 2014 corresponding to 16 percent of total. The other three subsectors make up
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Newsletter 235 -17/01/2020
. If this is replicated in the full assembly next week, the bill will only attract a total of 168 votes. New Democracy.... In December 2018, the annual change was 4.1 percent. A total of 11,129 new and used vehicles went..., reaching 7,246 vehicles. The aggregate figures for the year 2019 showed that total vehicle sales increased
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