revenues
Economy
Greece’s Budget Primary Surplus €605 Million Higher Than Same Period Last Year
Greece’s state budget primary surplus was €605 million ($702 million) higher during the first seven months of 2018 compared to the same period last year, the State Budget Office of the Hellenic Parliament announced in a report.
The report also...
Economy
PwC Report: Greece's High Tax Rates Not Reflected in Revenues
Greece's tax system has very high taxation rates that fail to bring in proportionately high revenues, even though the "tax behavior" of its citizens is not significantly different from that of other Europeans, according to a PwC tax summary...
Economy
Greek Primary Surplus Rises; Revenue and Spending Targets Fall Short
The Greek state budget showed a primary surplus of 4.348 billion euros in the January - November period compared to 3.566 billion euros in the corresponding period last year, the Finance Ministry said on Tuesday.
The general government deficit came...
Economy
Draft Budget Tabled in Parliament
The draft budget currently tabled in parliament does not include a reduction in tax rates. It does, however, include a 1 billion euro increase in revenues. It also foresees a reduction in unemployment rates and sets the primary surplus...
Archaeology
Revenues from Greece's Archaeological Sites Fall Short
Greece's past is, in a sense, the country's lifeline. But is it being exploited enough? According to recent McKinsey research conducted on behalf of the Association of Greek Tourist Enterprises, the average revenue per visitor to Greece falls well...
Economy
Greek Tourism Arrivals to Hit Record High in 2014
Greek revenues from tourism have increased more than 25 percent during the first four months of 2014, compared to last year. Both tourist arrivals and revenues are estimated to skyrocket this year in Greece.
According to data released by the Association of...
Economy
Collapse of Insurance Funds
The economic situation of the insurance system shows a rapid deterioration, with a dramatic decline of revenues and a sharp increase of overdue debts.
These developments will inevitably lead to new cuts, firstly in the supplementary pensions with lump-sum payments...