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ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politics, pointing to the 10 percent reduction in ENFIA for properties worth more than 1 million euros. SYRIZA submitted an amendment proposing no reduction for properties worth more than 500,000 euros. The cuts... of taxpayers own properties worth more than 1 million euros. Vesyropoulos gave examples of how much
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Overdue social security contributions decrease slightly to 35.11 bln in Q2
EconomyMacroeconomycontinuous quarter. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros... less than 15,000 euros each for an aggregate amount of 3.85 billion euros (11 percent of the total... in Q2 from 312.3 million in Q1. The current quarter’s figure is 50 percent lower than
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August employment balance positive by 3,111
EconomyMacroeconomyThe employment balance turned positive in August with 3,111 more hirings than firings, data from..., there were 10,859 more hirings than firings in August 2019. The data showed that August’s positive balance... there were 6,579 more hirings than firings. This was followed by those aged 30-44 with a positive balance
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most...’ reservations) at around 8,500 euros, and the income tax rate for those earning less than 10,000 euros... than expected on reducing the ENFIA property tax by an average of 22 percent for homeowners. Mitsotakis
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Budget primary surplus at 2.90 bln in August
EconomyMacroeconomy, higher than the target by 2.74 billion euros or 8.2 percent. The full revenue breakdown will be provided... to 2.98 billion euros in the aggregate period, higher than their target by 319 million euros. Compared..., and standing 8.8 percent higher than for the same time last year. Expenditure Primary expenditure came
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Budget primary surplus confirmed at 2.91 bln in August
EconomyMacroeconomyeuros, higher than the target by 2.74 billion euros or 8.2 percent. A breakdown of revenues showed... to 2.98 billion euros in the aggregate period, higher than their target by 319 million euros. Compared..., and standing 6.5 percent higher than for the same time last year. Expenditure Primary expenditure
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SYRIZA targets broader appeal as ND focuses on next bills
PoliticsGreek Politics, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large, progressive... much. The party currently has far fewer registered members than New Democracy and Tsipras aims... of power, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large
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Newsletter 224 -18/10/2019
in the coming years are grimmer than previously thought. In the World Economic Outlook (WEO), published..., concerning amounts outstanding for tax. Of the total, more than 600,000 joined the scheme... faster than what the European Commission and the IMF estimates (2.2 percent). The PBO argues
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economygovernment debt represents less than 20 percent of total debt, or less than 40 percent of GDP. Additionally... is the portion of permanent jobs in the labour market as since 2018 and into 2019 more than half..., if reforms implementation stalls and economic growth is significantly lower than anticipated then the outlook
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Employment balance turns negative by 125,668 in October
EconomyMacroeconomyThe employment balance turned negative in October with 125,668 more firings than hirings, data from..., there were 5,581 more people fired than hired, making this the worst October on record. Total hirings..., where there were 45,050 more firings than hirings. This was followed by those aged 30-44
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