The Bank of Greece has lowered its forecast for this year’s growth to 2.3% from 2.5% and is fully aligned with the latest estimates of the European Commission, against the budget’s estimate for 2.9%.
The Bank of Greece has lowered its forecast for this year’s growth to 2.3% from 2.5% and is fully aligned with the latest estimates of the European Commission, against the budget’s estimate for 2.9%.
Turkey’s central bank on Saturday raised the maximum interest rate on credit card cash withdrawals to 5% from 4.42%, according to a decision published in the Official Gazette, in a move aimed at additional tightening.
Tax revenues and the primary result of the budget in January and February exceeded the target, but this is largely counted in the 2023 budget, per the Finance Ministry.
The Greek budget posted a primary surplus of 3.401 billion euros in January-February 2024.
Fabrizia Lapecorella, deputy secretary-general of the Organization for Economic Co-operation and Development, has indirectly identified three main weaknesses in Greece’s fiscal policy.
Greece is among the leaders as regards the implementation of the national Recovery and Resilience Plan and one of just six EU member-states that has already submitted three payment requests to the Recovery and Resilience Facility (RRF), while a fourth payment request will be submitted in April, speakers at a Foundation of Economic and Industrial Research (IOBE) conference revealed on Thursday.
About 1,500 taxpayers have received emails asking them to justify to the tax administration the huge differences that arise between their declared taxable income and expenses that they seem to have incurred.
More than 100 million euros in cash has been declared and passed through customs in recent years
The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus.
During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday, National Economy and Finance Minister Kostis Hatzidakis emphasized that economic development and social cohesion are complementary goals.
The Labor Ministry will grant social security capacity to approximately 100,000 self-employed people with small debts to the Single Social Security Entity (EFKA) – from a few cents to 100 euros.
A total of 89,328,030 euros will be disbursed to 80,380 beneficiaries from March 11 to 15 as part of the scheduled payments of Electronic Exchange of Social Security Information (e-ΕFΚΑ) and the Public Employment Service (DYPA).
The Institute of Foreign Relations (IDIS) in Athens has launched a competition for 10 small scholarships of excellence for its Chinese program.
The number of new applications submitted by debtors to the platform for the out-of-court settlement mechanism reached 7,360 in February.
All professionals belonging to the 35 branches of the Greek economy in which card terminals (POS) were not mandatory until now, have a deadline of 24 days to activate them.
The Finance Ministry is planning for the reduction of the withholding rate for those who have debts to the state and collect money or proceed with the sale of real estate.