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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeof annual revenue from the commission that banks will pay for the state guarantees. At the same time... the country’s request to pre-pay the expensive part of the IMF loans, close to 3 billion euros
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Mitsotakis brushes off latest strike, opposition sides with protesters
PoliticsGreek Politicsrecently. On Wednesday, KINAL responded to Mitsotakis’s statement by claiming that “the many will pay... will be entitled to 12 percent overtime pay and businesses who agree to put their undeclared workers
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Banks highlight areas of concern in talks on NPL scheme
EconomyBankinga different risk profile. Another hot topic is the commission that banks will have to pay for the state... to and securitised will pay the commission to the state, whereas bankers appear to favour the solution of paying
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Mitsotakis pledges more tax cuts in 2020 amid police violence claims
PoliticsGreek Politicson the welfare system. Those earning less than 12,000 euros do not pay solidarity tax. The first bracket concerns those earning between 12,000 and 20,000 euros a year, who pay an extra 2.2 pct in tax
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicssee the start of the pilot trial at the Council of State which is expected to rule on back-pay... pension fund EFKA. The ruling will set the precedent for all back-pay claims, and is expected
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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... their regular pay. KINAL claimed that this shifts the cost of the crisis onto workers. The centre-left
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Covid-19 effects spread across number of sectors
EconomyFeaturesforced to close during the lockdown find themselves unable to pay rent on their commercial spaces... to claim amounts due to them which shop owners are now unable to pay. Short-term rentals platforms
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Greek families burdened by high tax rates
SocietyA study by the Washington-based think tank, the Tax Foundation, has found that Greek families pay among the highest rates of tax out of OECD member states. The figures were presented in Greece... that an average Greek worker without children would pay 8.2 percent of their tax wedge towards
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek PoliticsThe decision taken by drugs giant Novartis to pay 347 mln dollars to US authorities for corrupt practices in Greece, as well as South Korea, Vietnam and China, has added more fuel to the political... of graft allegations. Novartis will pay the penalty to the US Department of Justice and the Securities
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Flagship pension reform hits snag over transition cost
PoliticsGreek Politicspay. According to multiple reports on Friday, within the context of the 11th post-programme review... to reports, Athens wants to give businesses and household the ability to pay off the virus-related debt
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