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Greek households most overburdened with housing costs in EU
Societyoverburden rate in the EU, according to new EU-wide data. Eurostat figures on housing conditions...), the Netherlands (15.4 percent) and Romania (14.9 percent) in terms of the housing cost overburden rate... dwelling, the 13th highest rate out of all EU member states and just above the EU average of 72 percent
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Newsletter 54 - 04/12/2015
in the solidarity levy rate (377 million) and in the advance tax payment rate for legal entities and the self-employed (157 and 114 million, respectively) as well as a rise in the corporate tax rate from... percent in September from 2.1 percent in August. The September rate is the sixth negative reading so
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Unemployment nudges down to 24.6 pct in Sept
EconomyMacroeconomyGreece’s jobs market remained on the slow path to recovery in September, when the unemployment rate.... The unemployment rate in the same period last year was 26.1 percent. The number of employed continued its upward... of unemployed by 68,200 to 1.18 million and an unemployment rate of 24.6 percent in September from
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Newsletter 56 - 18/12/2015
, the primary surplus is 1.7 better than target. Unemployment eases in Q3 The unemployment rate slipped.... Compared to last year, the jobless rate eased by 1.5 percentage points. The rate drop reflects... million. The jobless rate eased by 1.5 percentage points on the same period last year. 2 Leaving annus
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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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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgramme8,500-9,000 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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Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy
Economywould 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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Newsletter 70 - 15/04/2016
. 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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Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln
EconomyThe 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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Newsletter 77 - 10/06/2016
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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