Search Results for: Greece
Tax inspections in Greece are increasing
April 30th, 2014
It’s Saturday night going on Sunday morning at a club near the gated homes of the Greek elite in northern Athens as two men and a woman in business suits push through the crowd and demand to see the ...
European Central Bank: review mission to Greece
March 20th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The teams have reached staff-level agreement with the authorities on policies that could serve as the ...
Increase in online education in the EU in 2023
January 26th, 2024
In 2023, 30% of EU internet users aged 16 to 74 reported that they had done an online course or used online learning material in the three months prior to the survey. This is a 2 percentage point (pp) ...
Cyprus government mulling reduced VAT for basic necessities
April 21st, 2023
It is unclear how effective government machinations to reduce the VAT on necessary goods will be, following reports on Wednesday that authorities are looking to completely axe tax on items like bread, milk, and baby food. Commenting on the ...
Tourism: €572 billion gross value added in the EU. The countries with the highest shares of tourism
April 21st, 2023
In 2019, the last year before the COVID-19 pandemic heavily hit the tourism sector, the gross value added directly generated by tourism amounted to an estimated €572 billion, or 5% of the total gross value added in the EU ...
Rents and house prices in the EU have continued their steady increase
October 12th, 2022
Rents and house prices in the EU have continued their steady increase in the second quarter of 2022, going up by 1.7% and 9.9%, respectively, compared with the second quarter of 2021. This information comes from data on rents ...
Employment up, labour market slack down in Q4 2021
April 14th, 2022
In the EU, the employment rate of people aged 20-64 stood at 74.0% in the fourth quarter of 2021, which represents an increase of 0.5 percentage points (pp) compared with the third quarter of 2021. The labour market slack, ...
How much money does your government allocate for R&D?
September 17th, 2021
In 2020, the total government budget allocations for R&D (GBARD) across the EU stood at €100 786 million, equivalent to 0.8% of GDP. This information comes from data on government budget allocations for R&D published by Eurostat. In 2020, ...
Commission starts legal action against 23 EU countries over copyright rules
August 4th, 2021
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the ...
The global debt problem
April 15th, 2021
It has been recently estimated that global debts stand at $284 trillion equivalent, representing 355% of global GDP. Estimates such as these must be treated with caution, and they probably underestimate financial sector debt. Furthermore, no allowance in ...
