Parliamentary Budget Office

Major decline in state debtors

The use of electronic transactions, the reduction of taxes as well as the favorable repayment arrangements (72 and 120 installments) have led to the reduction of state debtors by some 400,000 compared to 2018, according to the data of the Independent Authority for Public Revenue (AADE).

Eurostat: Inflation in Greece in April at 9.4%

Inflation in Greece jumped to 9.4% in April, according to Eurostat data. At the same time in the eurozone reached 7.5%.

According to official Eurostat data released today, the harmonized index of consumer prices continued its upward trend and climbed to 9.4% against a performance of -1.1% in the corresponding month of 2021.

Rebound is set to take longer

The volume of new expired debts and suspended tax and social security obligations constitute signs of the major problems that the real economy is up against. After the immunization of the population, the Greek economy will not revert to normal as it was before the pandemic, but to a new normality with enterprises scarred by the effects of the health crisis and sky-high unemployment.

Tsakalotos attacks handout critics as austerity fans

Finance Minister Euclid Tsakalotos on Monday dismissed officials who have expressed concern over the government's handout policy ahead of the elections - including the head of the European Stability Mechanism, Klaus Regling - as "austerity supporters," although concerns are also being raised by others much closer to home, at the Parliamentary Budget Office (PBO).

Four million toiling under tax

The policy of high taxation and levies, such as the solidarity tax and the exorbitant ENFIA property tax that has wrought destruction on the middle class, is taking an unbearable toll on Greek households, according to the latest data published by the Independent Authority for Public Revenue (IAPR).