The Greek Deal.com
ECONOMY
Bank of Greece
Tourism revenue at €1.78 billion in the first quarter
Greece welcomed almost 4 million tourists in the first four months of the year, with inbound travel up 20% year-on-year and average spending 2.1% higher.
Athens Stock Exchange
Nervousness persists, investors avoid risk
The Athens Stock Exchange continues to be highly volatile, while sellers and buyers are fighting for control of the bias, although the former have gained a small lead in the last few minutes.
Independent Authority for Public Revenues
Unpaid taxes at €2.6 billion in the first quarter
The Independent Authority for Public Revenues (ΑADE) noted an increase in debtors from January to April.
Digital Labour card
Measure is implemented in industry and retail
The possibility to declare and apply six-day working hours to businesses that are by nature continuous in nature, as well as to those already operating on a 24-hour basis, 5 or 6 days a week, will apply from Monday July 1.
AADE
Closes Four H&M Stores in Greece for Tax Violations
Four more H&M stores in Greece are to close for 48 hours as of June 20 per an order issued by the Independent Authority for Public Revenue (AADE).
Kyriakos Mitsotakis
Same products should not be sold at different prices in a single market
Prime Minister Kyriakos Mitsotakis and European Commissioner for the Internal Market Thierry Breton met to discuss the competitiveness of the European economy, the Single Market, and European industrial policy, with a focus on defense.
Industrial Turnover
18% surge in turnover in April
According to ELSTAT, the General Index of Industrial Turnover for April 2024 increased by 18.0% when compared to the corresponding index for April 2023, while it decreased by 7.4% when compared to the corresponding comparison for April 2023 and April 2022.
Kostis Hatzidakis
At the Eurogroup and Ecofin meetings
Kostis Hatzidakis, the minister of national economy and finance, is scheduled to travel to Luxembourg today in order to attend the Eurogroup and ECOFIN meetings.
Bank of Greece
Current account deficit widened to €6.8 billion in the fourth quarter
According to the Bank of Greece, the current account deficit grew by 1.1 billion euros between January and April of 2024 compared to the same period in 2023.
Ministry of Finance
33% levy on refineries' excess profits
The Ministry of Finance announced that refining companies would be subject to a temporary 33% Solidarity Contribution for the tax year 2023, based on their excess profits.
Kostis Hatzidakis
Grants and tax incentives for mergers - innovation
Kostis Hatzidakis, the Minister of National Economy and Finance, announced during his speech at the Mergers & Acquisitions Summit that the government is promoting a contemporary, straightforward, and transparent framework for corporate transformations.