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Greeks seen working longer, until July 18, to meet annual tax bill
Societymostly due to VAT rate hikes in 20 of the 28 member states during this period. The Institut Economique... 5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase by around 42.8 percent since 2010, while Greeks have seen their annual take‐home pay decline by 21
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Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
EconomyProgrammethe so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale... sources indicated that for eurozone member states to approve the Greek demand, the government
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economyminimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally..., for each dependent family member. Overall, the Labour Ministry has communicated that 24 benefits will see
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Newsletter 192 -01/02/2019
As government increases pay, study shows foreign investment crucial to growth As was widely... euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much..., for each dependent family member. Overall, the Labour Ministry has communicated that 24 benefits will see
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Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesthat in 2018 Greece had the 13th highest tax wedge out of 36 member countries. In 2017, Greece’s tax wedge... to an average single Greek worker having a take-home pay after taxes and benefits of 73.9 percent versus... percent for this category. This translates to an average gross take-home pay after tax and family
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Greek families burdened by high tax rates
SocietyA study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states. The figures were presented in Greece... that an average Greek worker without children would pay 8.2 percent of their tax wedge towards
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicsmade by a member of the scientific committee advising the government on its Covid policy, when he... of respondents said they can pay their energy bills without any problems, while 24 pct said they cannot pay. Sixty-one percent of those questioned said they had a negative view of the government’s handling
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In hindsight it would have been nicer
Agora2010 and October 2011 banks in core eurozone member states sharply reduced their exposure to Greece... for potential bank bailouts, the preferred path was to saddle Greece with debt to pay off these banks... a staggering 24 billion euros or 10 percent of GDP just four years ago. Every single troika member
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21,717,120,000
Agoramember states for the EFSF’s bond issues. It was only when the ESM was formed that the capital... the first installment totaling just under 33 billion euros in October 2012. All 18 euro member..., Germany had to pay interest of close to 3.5 percent to issue a 10-year bond. The latest yield
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You've heard the Greek crisis myths, now here are some truths
Agorathat German and Slovak taxpayers have not been burdened by the Greek bailout so far. Other member... commitments from member states, initially for 440 billion euros and then raised to 780 billion. The EFSF... of the EFSF loans to Greece) or when interest payments start coming due, Greece is unable to pay
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