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Greek pensions laid bare
Agoraper pensioner was steadily declining and the demographics were developing unfavourably for a rather... as a benefit for low-income pensioners rather than retirement pay, reached 721 million euros last year... assets do not have the capacity to support the retirement pay under any type of asset management
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Newsletter 34 - 10/07/2015
of taxpayers, following rumours that a haircut may be imposed on bank deposits, opted to pay... for hours, to get just 60 euros per day from ATMs. Of course there are occasional arguments... that you have to plan your week around visits to the ATM. One visit may not be enough to pay a bill
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Greece fell two places to 60th in Doing Business ranking, World Bank says
Economyrequires 5 procedures, takes 13 days and costs 2.2 percent of income per capita. For Dealing... that firms make eight tax payments a year, spend 193 hours to file, prepare and pay taxes. Also, the total tax they pay corresponds to 49.6 percent of profits. However, the report highlights that Greece made
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Pension overhaul poses political challenge despite avoiding immediate cuts
PoliticsGreek Politicsand reductions in retirement pay for future generations. For New Democracy and PASOK in particular... to the retirement pay of those already collecting pensions. According to the coalition’s plan, main pensions above 700 euros per month for new retirees will be immediately reduced by at least 15 percent due
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Cosco's 369 mln Piraeus Port improved bid accepted, seals latest privatisation
EconomyBankingstands at 368.5 million, which corresponds to 22 euros per share at a marked premium of 70 percent... investments. During the first stage of the transaction, COSCO will pay 280.5 million for a stake of 51... agreement, including investment of 300 million, it would pay an additional amount of 88 million
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Newsletter 69 - 08/04/2016
, to be paid to those having a minimum of 20 working years. This amount is reduced by two percent per..., increased revenues from the single property tax (ENFIA) and a new levy on hotel stays, pay TV..., preferring cuts to retirement pay, and does not trust the projected fiscal results of a series
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Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
EconomyMacroeconomybe attributed to increased ENFIA revenues, since a number of taxpayers preferred to pay their tax obligation via credit cards, meaning that the state collected the whole amount upfront, while taxpayers will pay... billion should be collected in the last quarter of the year, which correspond to 4.42 billion per
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Greek government faces hard labour dilemma
PoliticsGreek Politics. That would bring in more collective layoffs at medium-sized and large firms, fewer specialised pay scale categories, and, crucially, limit union influence by changing funding rules. Pay scales would... workers now take home 340 euros per month or less, nearly all on involuntary part time employment
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyto pay their ENFIA via credit card. This means that state collected the whole amount upfront, while taxpayers will pay (to the bank) their obligation in 9-12 monthly instalments. It should be noted... in the last quarter of the year, which correspond to 4.42 billion per month compared to an average of 4.15
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PM calls for unity as opposition reacts to decisions on health, labour
PoliticsGreek Politics. The first concerns the doubling of the reimbursement that the state will pay to private hospitals (from 800 to 1,600 euros per day) for using their ICU beds during the coronavirus outbreak. SYRIZA MP... their regular pay. KINAL claimed that this shifts the cost of the crisis onto workers. The centre-left
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