The Greek Deal.com
ECONOMY
Independent Authority for Public Revenues
Tax evasion caught by the digital automated control system
The Independent Authority for Public Revenues has been using a new digital system for automated control and detection of unjustified taxpayer property increases since the beginning of the year, and so far, it has produced notable results.
Bank of Greece
Public debt in decline
The two main causes of the consistent and notable decline in public debt as a proportion of GDP have been the Greek economy's recovery and the country's return to primary surpluses following the Covid-19 pandemic (GDP).
Kostis Hatzidakis
A new era for the GrowthFund
The Minister of Economy and Finance, Kostis Hatzidakis, described the bill entitled "Restructuring of the Hellenic Holding and Property Company and its subsidiaries" as a reform that changes the image of the Hellenic Growth Fund.
ELSTAT
Jump in construction activity in April
The total building activity (private and public) in April, based on the issued building permits, amounted to 2,823 building permits, an increase of 40.1% in the number of building permits compared to the corresponding month of 2023, according to the Hellenic Statistical Authority.
GREEK PARLIAMENT
Attica Bank - Pancreta Merger ratified my MPs
On Thursday evening, a majority of MPs voted to approve a draft bill that would merge the largely state-owned Attica Bank with Pancreta Bank.
State Budget Execution
Tax revenues €29.2 billion in the half-year
The state budget recorded a primary surplus of €2,905 million against a target surplus of €1,204 million and a surplus of €2,116 million for the same period in 2023, according to the final figures announced by the Ministry of Economy and Finance for the period January–June 2024.
Hellenic Chamber of Hotels
At 75.5% the average occupancy rate in Athens hotels in the first half of the year
The average occupancy rate for the first half of 2024 in Athens hotels did not exceed 75.5% compared to 72.9% in 2023, and the positive change recorded corresponds to 3.5% compared to the first half of 2023, according to a statement from the Hellenic Chamber of Hotels.
Kostis Hatzidakis
On Attica Bank agreement and tax returns deadline
Minister of Finance Kostis Hatzidakis referred to the ratification of the agreement regarding the Bank of Attica and the deadline for the tax returns.
Bank of Greece
Deposits soar by €3.8 billion in June
Private sector deposits recorded a significant increase of €3.826 billion in June 2024, compared to an increase of €303 million in the previous month, according to Bank of Greece data.
ELSTAT
Consumption increased, deposits decreased in the 1st quarter of 2024
The disposable income of households and non-profit institutions serving households increased by 1.1% in the first quarter of this year, rising to €35.13 billion euros from €34.74 billion euros in the first quarter of 2023.
European Investment Bank
Collaborates with Greek Banks to boost mid-caps’ access to finance
The European Investment Bank (EIB) and Greece’s four systemic banks have agreed to a new collaboration in the form of a €700 million guarantee programme to support mid-caps in Greece.