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Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomy. It is reminded that the total ENFIA amount comprises of the main tax plus the supplementary tax... of the total or 2 million individuals declare one property right, 1.39 million two rights
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Fiscal dispute dominates as Greece and lenders gear up for more talks
EconomyProgrammefrom the 2 percentage points difference between its estimate for a primary surplus of 1.5 percent of GDP plus 0.5 percentage points due to the impact of the current measures on growth. A potential
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Tsakalotos and Stournaras raise objections to IMF assumptions
EconomyProgramme, with the primary surplus estimated at close to 2 percent of GDP, is not incorporated in the IMF’s... servants plus the expenditure of certain welfare benefits. However, the state transfers for eurozone
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Newsletter 130 - 04/08/2017
that growth was largely spurred by a rise in output plus the third consecutive rise in staff... billion to 38.9 billion until September 7. 2 Retail sales grow by 0.4 pct in May Seasonally adjusted
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Greek banks complete first round of covered bond issues
EconomyBankingon the international market since 2014, and the first for NBG since 2009. NBG’s bond issue attracted over 2 billion... of Piraeus Bank’s 10 billion euro covered bond programme. The yield was set at the 3-month Euribor plus 250
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingsegment increased by 16 million euros, and declined by 2 million euros in the wholesale segment. Within... this year, plus spread reduction, also contributed negatively by 28 million euros. On a positive note
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Piraeus confirms deal with Intrum for 27bln in NPLs as Eurobank launches SPV
EconomyBankinginflows, plus third party REOs. The agreement values the platform at 410 million euros. The total... billion transferred to the SPV and 2 billion from the securitisation of housing loans under the code
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesthe top tax rate “considerably” from its current effective rate of 55 percent (45 percent tax plus 10... growth with business-friendly policies, but also plans to raise 2 billion euros from cost-cutting
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingestate owned assets (REO) portfolio along with any new inflows, plus third party REOs. The agreement...-performing residential mortgage loans. The portfolio carries a gross book value of 2 billion euros and has
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicspercent for incomes up to 10,000 euros, at an additional cost of 500 million euros in 2020 (plus an extra...-government spending review is also hoped to generate up to 2 billion euros of savings. Ministries
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