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Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
PoliticsGreek Politicsmarkets and pensioners queueing at bank ATMs on Tuesday, when their retirement pay was credited..., equating to roughly around 1,500 tests per one million people. The number puts Greece behind Germany, where the last reported figure was over 2,000 tests per million people, but ahead of the United
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Multiple fronts and falling revenues pose pensions challenge for government
EconomyFeaturesthe same period coming to 380 million euros per month. The May deficit has dropped to 197 million... is that the CoS ruling will cover back pay for the 11 months between June 2015 and May 2016, but only... old people per 10 working people to seven pensioners per 10 working age people in 2070
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Govt hints at more relief, as economy and inflation jostle with pandemic as top public concerns
PoliticsGreek Politicsprice was around 100 euros per MWh”, he said. “It has now exceeded 200 euros”. Greek consumers currently pay some of the highest wholesale prices for electricity in Europe, hitting 217 euros per MWh... to double from the current level of 60 euros per MWh to 120 euros during November and December
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Government pledges more reforms, but economy set to prove deciding factor in 2025
PoliticsGreek Politicseuros per year. The government is also said to be considering lower rates for incomes up to 30,000... but, as an article in Kathimerini points out, it will have minimal impact on take-home pay. Contributions are being..., will be negligible as a worker on the minimum wage of 830 euros will see an extra 3.24 euros per month
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SYRIZA gives up on "odious debt" write-off but not major debt relief
PoliticsGreek PoliticsGreek debt unsustainable because from now until 2020 we have to pay an average of 9 billion euros per year to service it," he said. "This must come from budget surpluses and privatisations. It is our... surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while
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Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
Economyto 300 euros were obliged to pay this amount by the end of July and not in instalments, which... if all taxpayers pay their income tax as budgeted, the respective revenues target for 2014... coffers by the end of the year corresponding to revenues of 5.5 billion per month. In the 8-month
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Greece sets out plans for settling SME NPLs; mortgages to come
Economyare up to 500,000 euros per SME qualify for the scheme. The applied haircut would exceed 50 percent... not pay its settled obligations to a bank for more than 3 months, the bank can claim its previous..., with debtors choosing not to pay their mortgage installments until the new legislation is finalised
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Greek austerity programme compromising some basic rights, EU Parliament report finds
Society) and the increase in the number of students per classroom and in weekly teaching hours brought Greece...), the decrease in public sector pay (25 percent on average) and private sector pay (by at least 15 percent
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This is how Greece kept its budget on track in Q1
Agoranot pay the property tax. In the absence of any ENFIA installment, the targeted revenues for March (2.79... but it is not clear when homeowners will start having to pay it. This means that compared to the 2015 budget... than the target. Salaries and pensions were estimated at an average of 1.56 billion euros per month
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Newsletter 27 - 22/05/2015
that without further funding from its partners, it will not be able to pay the International Monetary Fund next month. It is due to pay 300 million euros on June 5 in the first of several debt... 2015. It issued a seven-year sovereign bond totalling one billion euros at a yield of four per cent
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