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EconomyMacroeconomy
New overdue tax debt comes to 104.8 bln in July, number of debtors jumps The month-on-month rise in Greece's new tax debt came to 320 million euros in July, data from the Independent Authority of Public Revenues (IAPR) has shown.
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EconomyFeatures
VAT gap remains high as non-compliance overtakes revenue rise The European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues.
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EconomyMacroeconomy
Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure The budget primary balance recorded a surplus of 1.76 million euros in the first seven months of 2019, compared to a surplus of 926 million noted in July 2018, the Finance Ministry (MoF) budget execution bulletin confirmed on Monday.
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EconomyMacroeconomy
General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln Greece’s general government (gg) primary cash surplus came to 1.78 billion euros in the first six months of the year, up by 263 million euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
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EconomyMacroeconomy
Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct Greece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent.
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EconomyMacroeconomy
Primary cash balance surplus at 1.52 bln in July Greece’s central government primary cash balance recorded a surplus of 1.52 billion euros in the first seven months of the year according to figures released by the Bank of Greece (BoG).
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EconomyFeatures
Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts The research arm of the Greek tourism institute, INSETE, has released a study breaking down the nature of tourism to Greece by geographic area and type of tourist.
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EconomyMacroeconomy
Overdue social security contributions decrease slightly to 35.11 bln in Q2 The stock of unpaid social security contributions (SSCs) fell to 35.11 billion in the second quarter (Q2) of 2019, declining by 274 million compared to the figure of 35.36 billion euros registered in the first quarter.
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Economy
New government sets sights on sustainable and wide-reaching tourism industry Greece’s new tourism minister, Haris Theocharis, has said that Greece needs a ten-year plan to boost the country’s vital tourism sector.
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EconomyMacroeconomy
New overdue taxes rise continues to decelerate, total debt at 104.73 bln The month-on-month rise in Greece's new tax debt came to 473 million euros in June, data from the Independent Authority of Public Revenues (IAPR) has shown.