Corporate taxation in Greece is burdensome and anti-competitive, the Hellenic Federation of Enterprises (SEV) says in a report published on Thursday, stressing that Greek taxes also fail to draw revenues above the average rate of other European countries that as a rule have lower corporate taxation.
Amidst the economic and social uncertainty in Greece, NN Hellas is effectively striving to transform and improve the country’s insurance sector
By Marianna Politopoulou, Chairman of the Board of Directors and CEO, NN Hellas
After a decade of struggles, Daniel Gros** urges eurozone leaders not to forget that predominantly domestic problems cannot be resolved by a loan or transfer of resources from abroad.-ceps
By Sarantis Michalopoulos | EURACTIV.com
Greece will not need a precautionary credit or anything that looks like a forced programme after it exits the bailout, and any new surveillance should treat Greece “as a normal country”, EU’s Economic and Monetary Commissioner Pierre Moscovici said on Wednesday (14 February).
Greece is nearing the end of the course and has entered the home stretch, European Commissioner for Economic and Monetary Affairs Pierre Moscovici said in the Greek parliament on Friday, speaking before the members of Greek parliamentary committees.
In 2017, the U.S. economy had a solid year. Unemployment fell to a 17-year low, GDP growth picked up, and the stock market reached record highs.
As the economic crisis broke out in 2008, Greece saw a major decline in its federal accounts as well as a decline in the standards of living of the average Greek.
By Economic Gazette
The Greek economy may return to growth in 2017, but this does not apply to eople’s income, according to an analysis of the business organization SEV. According to data, the disposable income of the Greeks in 2017 decreases by 0.3% in real terms compared with the figures for 2016. It also noted the huge distance the economy has to travel to achieve a model of sustainable development.