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  1. First days of talks confirm gap between Greece, lenders on pensions

    PoliticsGreek Politics

    , salary-earners and pensioners are taxed with a rate of 22 percent for annual income up to 25,000 euros... that threshold. The self-employed are taxed with a rate of 26 percent for annual earnings below 50,000... been proposed, individuals’ annual income up to 25,000 euros would be taxed with a rate of 22 percent

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  2. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    8,500-9,000 euros. Since the rate of the first tax bracket stands at 22 percent, a lower tax-free... with income above that threshold, including those who were previously untaxed. The first tax rate... scenarios. The first foresees an increase in the tax rate to 15 percent this year and to 26 percent

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  3. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    would be taxed with a rate of 22 percent compared to the current 26 percent. In addition, the change... rate on farmers’ income was due to rise from its current level of 13 percent to 20 percent in 2016... of a new tax rate of 45 percent for income from rents above 40,000 euros. The government has also

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  4. Newsletter 70 - 15/04/2016

    Newsletters

    . Subsequent press reports indicated the government has proposed to lenders an increase in the main VAT rate from 23 to 24 percent to cover a part of the fiscal gap and avoid imposing a higher VAT rate... and strongly rebound by 2.7 percent in 2017. In addition, the jobless rate is seen remaining stable

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  5. Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln

    Economy

    The rate of increase in Greece’s new unpaid taxes further decelerated to 694 million euros in April... rate from tax audits on large corporates significantly slowed down to just 5.8 percent in April, leading the 4-month rate at 21.9 percent less than half the annual target of 45 percent. The respective

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  6. Newsletter 77 - 10/06/2016

    Newsletters

    data. In particular, the unemployment rate edged down to 24.1 percent in March, its lowest level.... The consumer prices index (CPI) continued to drop, albeit at a slower rate of 0.9 percent in May. Greece has... on month. Manufacturing production and water supply saw the biggest increases. Jobless rate slips

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  7. Over 26 pct of young Greeks out of education, training and work - second highest in EU
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    , where the rate increased from 21.6 percent to 31.1 percent, Greece (+9.3 pp) and Spain (+9.0 pp). In ten countries, however, the NEET rate decreased, most significantly in Germany (by -5.9 percentage points to 9.3 percent), Bulgaria (-5.3 pp) and Sweden (-3.4 pp). Overall, the NEET rate, which stood

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  8. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    the anticipated import rise of 3.3 percent. The unemployment rate is projected to slip by more than 1 percentage... rate of 5.9 percent to 26.27 billion in 2017. Primary expenditure is projected to drop 2.7 percent... the rate of arrears clearance will improve and the stock will be significantly reduced by 2017. It is worth

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  9. Pieces of review puzzle yet to fall into place ahead of Eurogroup
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    profile, reducing interest rate risk and waiver of the step-up interest rate margin for 2017 related... exchanging the floating-rate EFSF bonds held by Greek bank with fixed-rate notes, using interest swaps

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  10. Greece heads to Eurogroup facing uncertain outcome
    Photo via Fosphotos

    EconomyProgramme

    statement, these will include smoothening of the EFSF repayment profile, reducing interest rate risk and waiver of the step-up interest rate margin for 2017 related to the debt buy-back of the second... exchanging the floating-rate EFSF bonds held by Greek bank with fixed-rate notes, using interest

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