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Parliamentary report highlights demographics challenge and urges immediate action
Societythis week raised further as it noted that the country’s fertility rate stood at 1.24 children per... fertility rate began to drop in the 1990s and continued its downward trajectory during the crisis years... had a fertility rate of 2.45 children per woman. From 1981 onwards, fertility rates started to slip
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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammereduce VAT, with the top rate dropping from 24 to 22 percent and the middle rate falling from 13... intention to reduce the top rate of income tax, which is currently 45 percent for anyone earning... did not provide a new rate or a timeline for the reduction. He also announced a series of tax breaks
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsand increasing Greece’s growth rate. During the election campaign Mitsotakis said his goal is to double the expected growth rate in the coming years so it reaches 4 percent of GDP. Stournaras In a speech... developments, Greece could see its growth rate, which stood at 1.9 percent for the first half
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Newsletter 227 -08/11/2019
electronically so they can qualify for the tax-free allowance and a new tax basic tax rate of 9 percent for incomes below 10,000 euros, replacing the current 22 percent rate. For businesses, the key item... and includes a 4-percentage point reduction in corporate taxation and a new entry rate for personal income
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Newsletter 246 -03/04/2020
The overall weighted average interest rate on all existing loans dropped by 2 bps to 3.95 percent. The overall weighted average interest rate on all new loans to households and non-financial corporations... rate on all existing loans dropped by 2 bps to 3.95 percent. The spread between existing loan
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New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
EconomyMacroeconomyin January. The VAT collectability rate came to 79.8 percent in February. The amount of VAT due came to 1.08 billion. For the first two months of the year, the VAT collectability rate came to 80.8... in February, with a collectability rate of 4.7 percent. For the first two months of 2020, of the 250.1 million
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EU report sees Greek population shrinking, ageing over next decades
Society. At the same time, Europeans are having fewer children than before. A fertility rate of 2.1 children per... such a rate, with the rate in Greece among the lowest in the bloc. Since 2012, the number of deaths... to outstrip births. Greece’s fertility rate rose towards the end of the 1960s and has been
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Newsletter 257 -07/07/2020
growth is seen as dropping by 3.8 percent this year and by 1.8 percent next year. The rate... and 0.4 pps next year. Under the double hit scenario, the unemployment rate is seen as rising by 2.3 pps... employed but inactive under coronavirus pandemic Greece’s seasonally adjusted (SA) unemployment rate came
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PMI edges up to 49.4 points in August, employment rises
EconomyMacroeconomyin business confidence to a six-month high, Markit noted. At the same time, the rate of contraction... charges were dropped in an effort to boost sales, while the rate of decline was noted as being slight overall. The rate of input price inflation picked up to a seven-month high. Input buying fell again
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PMI rises to 50 points in September, signalling stabilisation
EconomyMacroeconomythe month. Although new sales continued to decrease in September, the rate of contraction softened to only... continued to weigh on client demand, while new export orders declined at a softer rate. Employment... further. The rate of job creation was the fastest since February, though remained marginal overall
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