The Greek Deal.com
ECONOMY
Yannis Paraschis
Tourism is the strong card of the Greek economy
SETE President Yannis Paraschis described tourism as the strong card of the Greek economy, a source of prosperity and social cohesion, during his speech at the Association's conference on Shaping the Future of Tourism.
ELSTAT
4.3% increase in arrivals and nights spent in accommodation in October
The assessment of arrivals and overnight stays in hotel-type accommodation, camping and rooms to let in October was positive, according to ELSTAT data.
Aegean Airlines
The importance of Erbil
Business Insight columnist of the BnB Daily writes about the importance of the new destination of Aegean that will connect Athens with Kurdish capital Erbil.
Hellenic Republic Asset Development Fund
Plan for the three ports of Santorini goes ahead
All the necessary studies required for the construction of the new port in Santorini and the accompanying works on land and coastline are being carried out by the competent services of the Ministry of Infrastructure and Transport, while the Port Planning Authority for the 3 ports of Santorini (the 2 existing and the new one to be built) is the Hellenic Republic Asset Development Fund.
SEV
Data unlocks opportunities across the economy
The potential and opportunities from the use of data, the value of open public data, and the developments in the national framework for their management and governance were discussed at the SEV event entitled "The Power of Data: A Driver of Business and Economic Growth.".
Giorgos Pitsilis (AADE)
Significant reduction of the VAT gap in Greece
In 2022, the total VAT revenue was €18.621 billion in Greece. The VAT compliance gap was estimated at €2,959 million, or 13.7% of the total VAT tax liability (VTTL), a decrease of 3.8 percentage points compared to 2021.
Parliament Budget Office
Revenues from the fight against tax evasion may exceed the €1.9 billion
The Greek economy continues to show a positive outlook, according to the Parliament Budget Office, which forecasts growth of 2.2%–2.4% for 2025.
Tourism
At 19.1% the tax burden on the final hotel product
A recently completed study by the Institute of Tourism Research and Forecasting (ITEP) highlights the total taxes that burden the cost of production of the hotel product.
Athens Stock Exchange
Effort to return to positive territory
The Athens Stock Exchange continues its effort to return to positive territory, although the short-term environment is not conducive to taking any particular risk.
EUROSTAT
Inflation at 3% in November
Eurostat's final data on inflation in the country confirms a marginal decline, with inflation at 3% in November, down from 3.1% in October and against 2.2% in the euro area.
Bank of Greece
The value of loans managed by servicers increased by €1 billion in Q3 2024
The nominal value of domestic private sector loans managed by domestic loan and credit management companies and transferred to specialized financial institutions abroad increased by €1.012 billion in the third quarter of 2024, according to data released by the Bank of Greece.