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How big is the gap separating Greece and the institutions?
EconomyProgrammeto this year since the new VAT rates will be effective from July 1. Apart from the total estimated... create a fiscal gap of around 2 billion euros for 2015 (1.1 percent of GDP) and 3.4 billion
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economythat is theoretically collectable based on legislation. The latter is called VAT Total Tax Liability (VTTL). The study showed that VTTL grew by 1.2 percent in 2013, while collected VAT increased by a lower rate of 1.1
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Unemployment rate edged up to 25.2 pct in June
EconomyMacroeconomycompared to same period last year (YoY) displayed the growth in the number of employed slowed to 1.1... benefit resumed again above the 10-percent mark, at 10.6 percent of total in July from 8.4 percent
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Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment
EconomyMacroeconomy). According to today’s figures, GDP eased 1.1 percent year on year (YoY) in Q3, from flash estimate... in exports of goods by 1.5 percent. The 9-month figures point to a decline by 2.5 percent in total
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Economic sentiment stable, consumer confidence down 4.5 pts in November
EconomyMacroeconomyGreece’s economic sentiment (ESI) remained flat from previous month at 86.5 in November, European Commission (EC) data showed on Friday. This follows an improvement by 11.3 points in total... to double-digit losses in January and July. On the flipside, the services’ indicator fell by 1.1
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Industrial production back on downward trajectory with 1.9 pct drop in Oct
EconomyMacroeconomy), which makes up just a fraction of the total index. Manufacturing and electricity production decreased by 1.3 and 1.1 percent respectively, while water supply production eased by 0.4 percent
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Marked rise in expenditure leads to a budget primary deficit in Nov
Economytargeted at 1.1 billion, the 2015 revenues will probably miss the target for yet another year. Tax... percent YoY to 5.58 billion slightly below target of 5.65 billion. Overall, total expenditure decreased
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2015 primary surplus exceeds target as revenues outperform and expenditure is reined in
Economyyear, yet they were slightly short of the 1.1 billion target. December reported revenues were 1.03... and 4.1 percent for the full year to 5.8 billion, in line with target. Overall, total expenditure
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Primary surplus beat target in 2015 on higher revenues and restrained spending
Economytaxes of 1.07 billion, slightly short of the 1.1 billion target. For the whole year, revenues slipped..., in line with target. Overall, total expenditure remained almost stable (+0.2 percent) to 48.55
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Loss-making Q4 and 2015 for Alpha, targets positive bottom-line in 2016
EconomyBankingof the Asset Quality Review (AQR), 1.1 billion is non-AQR related and reflects the loan quality deterioration... to 4.9 billion in December from 2.8 billion in September. From a total ELA collateral pool of 24.6
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