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Newsletter 168 -29/06/2018
the corporate tax rate and to bring down social security contributions. “Whatever debt restructuring is agreed... growth rate, assuming that inflation will reach 2 percent in 2023 and remain at the that level... decrease to 9.6 percent in 2020. However, the GFN-to-GDP rate is projected to increase from the 2020s
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeconsultation over the decision not to increase the VAT rate on the five islands in question at the end of June... the VAT rate on five islands,” said ESM managing director Klaus Regling after Thursday’s meetings... also had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos
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Tsipras pledges array of tax cuts, hopes for break on pensions
PoliticsGreek Politics, the fall in the unemployment rate, the increase in exports and improvements in a range of other.... On the issue of corporate tax, Tsipras unveiled plans to reduce it from the current rate of 29... to 100 percent from January 2020, he added. Finally, he pledged that the top rate of VAT would
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicswere the reduction of the basic rate of income tax for those will annual incomes up to 10,000 euros... tax for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent... month to eliminate their debt over a period of 120 months. Apart from a faster growth rate
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Newsletter 182 -9/11/2018
real estate and the lowering of the corporate tax rate. The latter is due to come down from 29 to 28... the unemployment rate falling below 17 percent by 2020. Inflation in the coming year will pick up from... million Greece’s seasonally adjusted (SA) unemployment rate fell just below 19 percent to 18.9
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A varied set of views on China
Agorathey support are in power, the media outlets tend to be more China-friendly (at a rate between 16% and 20%) and to prioritise Sino-Greek relations (at a rate close to 70%). At the same time, Greeks do..., the media outlets tend to be more China-friendly (at a rate between 16% and 20%) and to prioritise
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Greece tax wedge rises two places to 13th highest among OECD countries, report finds
EconomyFeaturesat the net average tax rate, which is defined as a measure of the net tax on labour income paid directly... tax rate of 26.1 percent in 2018, compared with the OECD average of 25.5 percent. This translates... and tax provisions reduced the net average tax rate from 26.1 percent to 22.3 percent. Although reduced
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PMI rises to 56.6 in April, marking 19-year high
EconomyMacroeconomyin employment. The rate of job creation accelerated to a series high in line with greater production... the highest levels of optimism seen since July 2012. The rate of input price inflation eased in April... at the highest rate seen since last September. Markit analysts commented that Greek manufacturing sector
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Newsletter 204 -03/05/2019
is considering lowering the top VAT rate from 24 to 22 percent and the middle rate from 13 to 12 percent and moving some goods from the top rate to the lower one. Another measure being considered... in the Greek market stayed at 0.6 percent in March, remaining at the same rate as February, Bank of Greece
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EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
EconomyMacroeconomyconsumption stayed on course and rose by 1.1 percent last year. The rate is seen as rising by 1.3 percent... increase. Employment is expected to grow by 1.5 percent this year and at a lower rate of 1.3 percent next year. The unemployment rate is seen as standing at 18.2 percent this year and at 16.8 percent
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