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  1. Greece’s unstable and confusing tax system failing to deliver results
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of any OECD country, with tax evasion estimated at between 2 to 5 percent of GDP per year according to 2016 data. During 2008-2016, direct taxes rose by 94 percent, while property tax revenues went from... costs for businesses in 2013 were estimated at 335 million euros, or 12.6 percent of the state’s

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  2. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    and ensure that an agreement can be reached ahead of the April 5 Eurogroup,” Breidthardt said during..., it is estimated that two to three weeks will be needed for some member states’ parliaments to approve... up, estimated at around 28 billion euros, to pay off at least some of its loans to the IMF early

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  3. Newsletter 208 -31/05/2019

    Newsletters

    about whether the party, which was formed during the crisis as an outlet for moderate voters who.... The General Accounting Office had estimated the total cost of the expansionary measures at 0.55 percent..., while the upward adjustment of widows’ pensions is estimated at 80 million. The Finance Ministry

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  4. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    will have the space to fulfil its tax pledges. The conservatives claimed during the campaign that they can..., there was no Thessaloniki Programme, SYRIZA’s 2014 plan for addressing the crisis, which was estimated... will contain many of the pledges made by Mitsotakis on the campaign trail. It is estimated that the fiscal

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  5. Finance Ministry faces balancing act as it starts to draft 2020 budget
    Finance Ministry

    EconomyProgramme

    Greece’s lenders. During a press briefing on Tuesday, government spokesman Stelios Petsas said... earlier this year, the European Commission estimated that this year’s primary surplus would... government. Originally, it estimated that the scheme would shave 0.3 to 0.6 percent of GDP off

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  6. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    Framework, applied during the financial crisis in 2008/2009, which proved to be an efficient tool... with an estimated budget, and will not benefit from the temporary framework if it is granted... in the beginning of April. This measure applies to 500.000 employees and the cost is estimated at 400 million

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  7. Court ruling on pension backpay creates dilemma for PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . It will be something for the PM to mull over during the coming weeks and will no doubt involve checking... the government with an estimated bill of 400 million euros. Pensioners who have not appealed.... It is estimated that the total bill for backpay could reach almost 4 billion euros, which is slightly

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  8. VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

    EconomyFeatures

    compliance in Greece rose by 4.6 percent while the effective VAT rate rose by 0.5 percent during...The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140... and the estimated VAT amount that is theoretically collectable based on legislation. The latter is called

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  9. Newsletter 391 - 01/09/2023

    Newsletters

    for the reforms that he wants to implement during his second office, particularly regarding... of the worst summers in Greece’s history in terms of the damage caused by wildfires. It is estimated... programme and has kept topped up since. It is currently estimated at more than 35 billion euros

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  10. Government strives to prevent farmers' protests gathering pace as flood costs spiral
    Photo by MacroPolis

    PoliticsGreek Politics

    many in the sector in deep financial trouble after losing their crops or livestock during the extreme... is estimated at 1.35 billion euros, but just 686 million euros has been secured so far from the EU’s... is estimated at 900 million euros, while rail repairs are expected to cost 450 million.

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