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Newsletter 221 -27/09/2019
and decreasing the personal income tax entry rate to 9 from 22 percent. The Greek ministry has been arguing... with PPC and a plan that the ministry has in place to improve its finances and viability, will also... Yiannis Vroutsis has called the bill a strike in favour of employees and law-abiding employers
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Solid revenues, contained spending lead to primary balance beating target by 2 bln in Nov
EconomyMacroeconomyregarding tax performance, noting that this year’s performance has some 1.8 billion euros, as the rest.... The PM last month also announced a 350-million-euro handout which has also narrowed any fiscal... at a deficit of roughly 4.8 billion euros. Greece has also received 1.72 billion euros from the RRF
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Parties on edge as Golden Dawn case has potential to go either way
PoliticsGreek Politicsto root out the influence Golden Dawn has within the police force. SYRIZA’s decision to tread... the 3 percent threshold for entering Parliament. The poll has SYRIZA just ahead of New Democracy..., points to one of the reasons that Golden Dawn’s popularity has not dropped more during recent weeks. When
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Greek bank capital increases: A breakdown of what has been achieved
Economyhas a capital shortfall at 2.18 billion. On the flipside, Alpha and Piraeus’s capital needs stood at relatively low levels of 262 and 425 million respectively. On top of that, Alpha has already... of NBG preference shares worth 1.35 billion. The bank has stated it plans to repay them “when
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Income inequality in Greece has grown during crisis, OECD report shows
SocietyIncome inequality between the richest and poorest in Greece society has increased over the past few... in 2007, a report from the Organisation for Economic Cooperation and Development has found... has identical incomes and 1 when all the income goes to only one person – income inequality
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Greek negotiations: A marathon that has yet to run its course
Agora, where the so-called Brussels Group has been gathering regularly since February. But despite all... that is prepared to drive a hard bargain, but understands when the timing for compromise has arrived... ministers of these countries had always held back in the past from publicly criticising Greece. This has
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Idomeni clash broadens fronts on which Greece has to tackle refugee crisis
PoliticsForeign Policycamp, where the sense of desperation has grown after the implementation of the European Union-Turkey... public has mostly shown patience with the refugee crisis and the government’s fragmented, slow... that the police presence in Idomeni, Piraeus and the island hot spots, is strong enough. Tension has been rising
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Tsipras keeps IMF waiting, turns focus to MPs and opposition
PoliticsGreek Politicscoalition partner, the Independent Greeks. The nationalist party has remained mostly quiet... one eye on his coalition partner, the Independent Greeks. The nationalist party has remained mostly... from Parliament, theoretically giving him a mandate to agree a deal with lenders, but this has
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Tax revenues continue to outperform in Aug, as ministry explains frugal approach
EconomyMacroeconomyperformance has some 1.8 billion euros, as the rest as related to timing and accounting handling..., the PIB balance landed at a deficit of roughly 3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 450 million euros booked by August
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Tax revenues beat target by 3.16 bln in Sep, as contained spending leads to 6 bln primary surplus
EconomyMacroeconomyperformance has some 1.8 billion euros, as the rest as related to timing and accounting handling.... Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also received 1.72 billion euros from the RRF and has allocated the amount fully, with 571 million euros booked
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