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South Aegean Islands Gain Most from Lucrative Greek Tourist Trade in 2019

Tourist arrivals to the islands of the South Aegean region of Greece reached new and historic levels in 2019, surpassing the record performance of...

Revenues at Greek Museums and Archaeological Sites Continues to Rise

The number of visitors to Greek museums recorded an increase of 2.5 percent and there was a 12.3 percent rise in visits to the country's many archaeological...

Greece’s Tourism Revenues Up by 13.6% So Far in 2019

According to Bank of Greece data on the country's current account balance between January and August of 2019, revenues from tourism rose by an impressive...

Aegean Airlines Revenues Up By 30% During Second Quarter of 2019

Aegean Airlines, Greece's flagship carrier, announced on Monday that the number of its passengers grew by 20 percent and its net profits saw an...

Greek Budget Revenues Exceed Targets by €287 Million in August

A positive surprise for Greece's public finances came to light on Monday, as according to the latest official data, the country's revenues were €287 million...

€7.4 Billion in VAT Revenue Lost in Greece in 2017; €137 Billion Lost EU-Wide

According to the latest data published by the European Commission on Thursday, the nation of Greece lost €7.4 billion in revenues from Value-Added Tax...

Tourism Now Generates Over One Quarter of Greece’s GDP

The Greek tourism industry’s direct monetary contribution to the country’s GDP came to 21.6 billion euros, or 11.7 percent, in 2018 according to data...

Athens’ Metro Revenues Up By 12 pct After e-Ticketing Introduction

Athens' Metro revenues have been rising at the rate of 10 percent-12.5 percent per month since the introduction of e-tickets, Urban Rail Transport's (STA.SY.)...

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...

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...

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...

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...

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