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  1. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    was reduced to 8,636 euros for a single person, to 8,863 and 9,090 euros for a family with one child.... As a result, the tax credit was cut by up to 200 euros and ranged between 1,900 euros (for a single) up...” it is considering should there be a fiscal outperformance include a reduction in the single property tax

    3%

  2. Greece, creditors seek progress at Eurogroup on key differences holding up review
    Photo via Fosphotos

    EconomyProgramme

    noted that the key area of divergence is over the reduction of the single property tax (ENFIA... would like to phase the reductions in over several years but the Fund favours a single cut, creating...-free threshold from its current level of 8,636 euros (for a single person) to around 5,900 euros

    3%

  3. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    and lockdowns before the end of 2020, and one without a second wave. Under the single-hit scenario, the EU... that GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5... to 19.4 percent in the single-hit scenario and to 19.6 percent in the double-hit scenario. Under both

    3%

  4. Greece persistently bottom of the list for EU gender equality
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    score has risen by 3.6 points with only a single point improvement since 2015. The indicators... since 2010, meaning that it has not risen a single position in the last eight years. The best score... that single women earned on average 10 percent less than men per month in 2018. In couples

    3%

  5. OECD finds tax cuts linked to pandemic helped reduce wedge on labour
    Photo via http://www.oecd.org/

    Economy

    contributions for employers and employees. The tax burden in Greece for single people at 67 pct... and Austria leading the top three spots for the tax burden as percentage of labour costs for single... for single earners without children, with figures around 40 pct. Greece remains in the lower half

    3%

  6. Newsletter 341 - 10/06/2022

    Newsletters

    , it is estimated that at least 44 pct of the vote would be needed for either a single party to gain... for a single party to win a parliamentary majority. Also, as things stand the only viable partnerships... on the current polling data, this opens up the possibility of a single-party New Democracy

    3%

  7. Polling steadies at top but churns beneath surface as opposition support splinters
    Photo by MacroPolis

    PoliticsGreek Politics

    with significant latent appeal. Established smaller parties continue to post mid‑single‑digit or low‑double... across the two surveys is notable. SYRIZA remains stuck in low single digits, while Course of Freedom... records 14.3 pct undecided, while Metron places the figure at 15.2 pct. This bloc is now the single most

    3%

  8. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported first half (H1) net profit of 267.4 million euros from 3.41 billion last year... one-off items. Excluding DTA, the bank posted net loss of 146.6 million in H1, which was 8.4 percent better than the consensus. The financial performance this year showed net loss was trimmed to 57.4

    2%

  9. Among euro area SMEs, Greeks face most problems with access to finance

    Economy

    net responses remained negative in Greece, albeit the current figure of -8 percent is much lower than... reporting a negative figure in banks’ willingness to lend but the net percentage improved to -22... percent) in the net percentage of SMEs that reported fear of rejection as a factor discouraging

    2%

  10. Greek stocks up for second straight week, rising by 5.5 pct

    Economy

    of modest and gradual improvement in their funding. CCH posted a rise in 2015 net sales by 2.5 percent to 6.35 billion, while net profit fell by 5 percent to 280 million. The BoD will propose a dividend per share of 0.40 euros. Hellenic Telecom (OTE) net profit came in at 36.8 million in Q4 down by almost

    2%