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  1. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of the introductory income tax rate from 22 to 9 percent for incomes up to 10,000 euros Corporate tax will be cut from... earnings. Beyond that, Mitsotakis also promised to double Greece’s growth rate from the projected 2... at double the growth rate so that it reaches 730 euros (from the current 650) by 2022. This rapid increase

    5%

  2. Mitsotakis promises 'new normality,' lines up tax cuts straight away

    PoliticsGreek Politics

    the minimum monthly payment would be reduced from 30 to 20 euros and the interest rate would... this year, the prime minister said. The corporate tax rate would be reduced later this year from 28 to 24.... The introductory tax rate for anyone earning less than 10,000 euros will be reduced from 22 to 9 percent

    5%

  3. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    rate based on ELSTAT’s labour force survey is seen dropping again by close to two percentage points..., have a combined cost of 135 million euros. The reduction of the entry tax rate to 9 percent, from 22... percentage point will reduce revenues by 404 million. For enterprises, the lower tax rate on profits by 4

    5%

  4. New asylum law comes up against old failings
    Photo by MacroPolis

    Agora

    countries with a high approval rate for asylum applications, countering the argument that they are mostly... Asylum Service, 99.6 percent of Syrians are awarded asylum in Greece. This rate falls to 97.8 percent... in terms of the recognition rate. Political pressure The government’s stance is partly a reflection

    5%

  5. ND mulls next tax cuts as it prepares to unveil new electoral law

    PoliticsGreek Politics

    rate. However, this is also subject to taxpayers fulfilling the conditions of the new regime regarding... threshold. Any shortfall will be taxed at a rate of 22 percent. The next round of tax measures is high up... for 2019 and there are initial indications regarding the growth rate for 2020 and possible fiscal

    5%

  6. Fitch raises Greece to 'BB,' two notches from investment grade, sees growth at 2.5 pct in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    percent of it is at fixed rates which makes it essentially immune to interest rate shocks, the average... of revenues is below ‘BB’ and ‘BBB’ medians, of 7.8 and 7.1 percent respectively. The effective rate of the rate, interest payments over the stock of debt, is well below that of most eurozone peers

    5%

  7. PMI at 56.2 pts in Feb amid rise in manufacturers' confidence, employment
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    at the fastest rate in 10 months with greater demand from foreign and domestic clients being the main... in turn rose at the fastest rate since March 2007. According to anecdotal evidence provided by those... leading to a rate of job creation which was the second fastest in the series history. The outbreak

    5%

  8. Personal responsibility and public healthcare: Greece on a wing and a prayer
    Photo by Angelos Christofilopoulos/Fosphotos

    Agora

    and carried a low mortality rate. Maybe Greeks needed to be jolted out of this false sense of security... rate, with total expenditure on health rising from 14.7 billion euros (8.6 percent of GDP) in 2003... spending levels and the rate of increase were out of line with the rest of the European Union, where

    5%

  9. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    at an interest rate, which is at least equal to the base rate applicable on 1 January 2020 plus the credit... interest rate subsidies on loans and bank loan guarantees. 2. Support for employees and unemployed

    5%

  10. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
    Photo by MacroPolis

    PoliticsGreek Politics

    will contract by 6.5 to 8.8 pct, researchers at Panteion University in Athens see the unemployment rate... the number of deaths reached 73, which translates into 7 per million. The death rate is higher than some countries in the Balkans, but lower than most in Western Europe. The death rate remaining

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