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Revenues from American Tourists in Greece Up By 119% in First Quarter of 2019

According to the latest figures published by the Bank of Greece recently, revenues that American tourists left in Greece during the first quarter of 2019 went up by a whopping 118.9 percent compared to the first quarter of 2018. Tourists...

One in Four Greek Taxpayers Unable to Meet Their Tax Obligations

One in four Greek taxpayers were unable to pay the first installment of their income tax, mainly as a result of the dramatic drop in their income as a consequence of over-taxation. Data from the Greek Ministry of Finance...

Greek Unpaid Taxes at 90 Bln and Rising

In April, outstanding tax debt to the state rose by 700 million euros, reaching 4.332 billion euros. The amount is expected to increase to even greater levels when the next single property tax (ENFIA) installment is due. Total revenue debt,...

Greek State Misses January to August Budget Revenue Target by 11.9%

The Greek Finance Ministry announced that the revenues for the Greek state between January and August were 30.765 billion euros, which amounts to a 4.153 billion euro shortage in comparison to the Greek budget's initial target. As the finance ministry's report explains, 1.724...

The Tourists That Spend The Most During Their Stay in Greece

Foreign tourism in Greece led to a four billion euro revenue during the first half of 2014, a significant increase of 13.4% (464 million euros) compared to the same period in 2013. According to data released by the Bank of...