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Eurostat: Tax Revenue at 39% of GDP in Greece
Tax revenue, including social contributions, stood at 39% of GDP in Greece in 2014, up from 33.5% in 2010 and 38.3% in 2013, Eurostat...
Significant Discrepancy Between Greek and European Third Quarter GDP Revealed by Eurostat
Eurostat released its second estimate for the European Union and the Eurozone's economic performance for the third quarter of 2015, in which Greece's downturn...
Greece Close to Bankruptcy as Private Debt Is Higher than GDP
Greece is on the brink of bankruptcy as private debt is higher than gross domestic product and rising, says a Greek Money report.
Private debt...
Research Shows Suicide Rate Spike Correlates With GDP Drop
University research, led by a Greek doctor showed that austerity is directly related to suicide attempts among Eurozone citizens. According to the research, conducted...
Eurozone to Cap Greek Debt Servicing at 15 pct of GDP
Eurozone governments agree that debt relief for Greece should be accomplished by capping its debt servicing costs at 15 percent of gross domestic product, Reuters...
Greek 2016 Draft Budget Forsees GDP Contraction of 2.3 pct for this Year
The Greek Finance ministry tabled to Parliament the draft budget plan for 2016, on Monday, envisaging the government’s priorities for social justice and fiscal...
OECD: Greek GDP Per Capita Dropped By 22.8% in Eight Years
The Organization for Economic Cooperation and Development published new data on Tuesday that highlights, among other figures, the negative performance of the Greek economy in the last...
Greece's GDP Improves Despite Loss of €1 Bln in Tourism Revenue This Year
Greece suffered a one billion euro tourism revenue shortfall this year due to continuous economic and political instability, and the refugee crisis, Hellenic Federation...
Greece's GDP Up by 1.6% in Q2
The Greek economy grew by 0.9% in the second quarter of 2015 compared with the first quarter and by 1.6% compared with the second...
Greek GDP Grows 1.6% in Q2
The Greek economy grew at a slightly faster rate in the second quarter of 2015 with the country's GDP rising 1.6%, up from an...