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  1. After Article IV consultations IMF says challenges remain, substantial debt relief is needed
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    are vulnerable due to an unaffordable pension system that requires financing by high tax rates... contribution rates coupled with lower tax credit and elimination of tax exemptions that benefit

    2%

  2. Greek teens less likely to smoke, get drunk than European peers but gamble more
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    96,043 pupils in 35 European countries. In what were the highest rates among their peers in Europe... alcohol at least once during their lifetime. The highest rates of lifetime alcohol prevalence were

    2%

  3. PBO report highlights short-term recessionary impact and tax-centric austerity of 2017 draft budget

    EconomyMacroeconomy

    increase in taxes would stem from higher tax rates and the imposition of new taxes. PBO reiterates that the ongoing over-taxation is an impediment to achieving positive growth rates and would eventually

    2%

  4. Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September

    EconomyMacroeconomy

    , corporate loan rates in Greece remain 250-300 bps above the euro area average rates. In the household

    2%

  5. Houliarakis provides clearest view so far on Athens's debt relief expectations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    includes low, fixed interest rates that lead GFN to exceed the 15-percent threshold only after 2030... to reduce personal and corporate tax as well as social contribution rates.

    2%

  6. Newsletter 97 - 25/11/2016

    Newsletters

    in the rates and an extension of the solidarity levy (669 million) and an increase in fuel excise tax... to contend with double-digit unemployment rates regardless of whether growth meets the most optimistic

    2%

  7. Waste management remains Greece's biggest environmental challenge, says EU
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    and the management of hazardous waste at the top of the list along with low recycling rates. Putting... (97.2 percent are deemed “excellent”) was one area, as was the almost full compliance rates

    2%

  8. IMF argues case for further reform of pension system
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . Meanwhile, although social security contribution rates of 26 percent in Greece stand above the euro area... suffers from high rates imposed on narrow bases also eroded by low payment and collection efficiency

    2%

  9. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    in the solidarity levy (0.6 percent of GDP), broader tax base (0.2 percent) and higher tax rates (0.2... the guaranteed minimum income (GMI) or allow for a reduction in the marginal tax rates to reduce

    2%

  10. Institutions back in Athens to resume review, agree new measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, cuts in individual and corporate tax rates and lowering in VAT rates for food services (from 24

    2%