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Newsletter 212 -28/06/2019
down dividend tax from 10 to 5 percent, scrap the trade tax within two years, gradually withdraw over four years the solidarity tax on income, bring VAT down to 11 and 22 percent from 13 and 24... billion euros at the end of 2018. This was broken down by 351.51 billion euros in local currency, split
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The Greek election's winners and losers
Agoraof governing and use of underhand tactics. Part of this was down to the addition of around 500,000 first... to wriggle out of one position and into another before his opponents have had a chance to pin him down... funding if it has been charged with criminal offences. This led to the NeoNazis having to close down
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek Politicsproperty tax, a basic tax rate of 9 percent (down from 22 percent) and a top rate of 42 percent (down from... might have to water this down as the tax cuts will reduce next year’s fiscal space by another 2
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Newsletter 215 -19/07/2019
as New Democracy ministers get down to work. Prime Minister Kyriakos Mitsotakis is due to launch... a 20 percent reduction to the ENFIA property tax, a basic tax rate of 9 percent (down from 22 percent) and a top rate of 42 percent (down from 45 percent), and up to 60 percent tax cuts for self
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Eight in 10 tourist visits to just five regions, six nationalities generate half of receipts
EconomyFeatures, INSETE. It breaks down the nature of tourism to Greece by geographic area and origin of tourist... euros, down by 20.3 percent YoY. In the south Aegean, the main generators of revenue were Germany... revenues from German visitors fell by 10.3 percent to 493.3 million. Total visitors edged down 0.9
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General govt primary cash surplus at 1.78 bln in June, arrears drop by 3 mln
EconomyMacroeconomy) edged down by 3 million and came to 2.18 billion. Month-on-month falls were noted in three out.... EFSF/ESM/IMF loans edged down by 500 million euros and represented around 70.7 percent of the total debt. In the other underlying subcategories, T-Bills edged down by 8 million to 15.25 billion (4.3
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Piraeus Bank posts net profit of 20 mln in Q2 from continued operations, NPE sales step up
EconomyBankingcoverage by cumulative provisions ratio edged down to 48 percent. Management said that the bank... stood at 57bps in the second quarter versus 61bps in Q1 2019, down from 65bps in Q2 2018. The bank... billion at the end of Q2 2019, down by 14.8 billion YoY. The bank fully eliminated ELA funding
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GDP rises by 0.8 pct QoQ in Q2, increases by 1.9 pct YoY
EconomyMacroeconomyto Q1. Imports of goods and services edged down by 0.8 percent QoQ, while exports of goods... and 5.8 percent in 2020. Imports Breaking down the components of imports in Q2, imports of goods... percent in 2020, 2.1 percent in 2021 and slow down further to 1.8 percent in 2022 and 1.8 percent
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicscome down from 22 to 9 percent. Also, each household will see their tax-free threshold rise by 1,000... the tax on dividends will be brought down from 10 to 5 percent, as promised by New Democracy before... July 1 next year. Mitsotakis said the aim is to bring them down by 1 percentage point by the end
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Mitsotakis lauds Commission VP nomination amid murmurs within party
PoliticsGreek Politicsnot gone down well with some New Democracy officials and a website with purported links to Samaras... politicians who believe that the turbulence might only die down if Samaras is offered the Greek... Mitsotakis, and left New Democracy, bringing the conservative government down in the process
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