News archive of November 2016
European companies have expressed an interest in participating in the international tender that Hellenic Sugar Industry (EBZ) will call for the sale of the factories of its two subsidiaries in Serbia, EBZ president Christos Rossios stated. He added that the state firm's board meeting on Monday approved the tender process so that it can be announced immediately.
Tax revenues in Greece amounted to 66 billion euros in 2015, or 36.8 percent of the country's gross domestic product, up by a percentage point from 2014, according to the Revenue Statistics 1965-2015 report issued by the Organization for Economic Cooperation and Development (OECD). That is above the OECD member-state average of 34.3 percent of GDP.
Greek households spent a total of 26.78 billion euros on covering home-related expenses last year, a figure which amounts to 14.3 percent of the country's gross domestic product, according to data released on Tuesday by Eurostat. This concerns expenditure on rent, maintenance, cleaning, utility bills and central heating.
Greek President Prokopis Pavlopoulos has lashed out against comments by his Turkish counterpart Recep Tayyip Erdogan describing Cyprus's "shameful" use of its flag to represent the entire island and its disregard of the breakaway state in Turkish-occupied territory, saying that statements coming out of Ankara were fueled by a "might is right" attitude.