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Trouble from Turkey prompts plans for extra defence spending after years of cuts
PoliticsGreek Politicson the purchase of two Belharra-type intervention frigates. No order has been placed with France’s Naval..., this stood at 2 pct, which was still in line with the level agreed by NATO member states in 2014. Even at 2 pct, spending was much higher than the EU28 average in 2018, which stood at 1.3 pct
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Newsletter 446 - 10/01/2025
the tone on January 2 by submitting a parliamentary question for Mitsotakis on the problems faced... in the eurozone markets, with the German Bund at 2.6 pct, from roughly 2 pct at the start of December... for this type of global uncertainty that we have been arguing that Greece’s debt position
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Newsletter 454 - 07/03/2025
factors. It is precisely for this type of situation that, as we have previously highlighted, Greece's... for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively in December... performance is structural and could be repeated in 2025, leading to a primary surplus of over 2 pct
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Debt position provides protection against global turbulence
EconomyMacroeconomyof interrelated factors. It is precisely for this type of situation that, as we have previously highlighted... pct for France and 3.92 pct for Italy, compared to 2 pct, 2.9 pct and 3.2 pct respectively... fiscal performance is structural and could be repeated in 2025, leading to a primary surplus of over 2
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A closer look at Greece's revised proposals to lenders
EconomyProgrammeand 2 percent for 2016. However, the government's baseline scenario projected a marginal primary... to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1 percent of GDP and 3.58 billion for 2016 (2 percent of GDP). On top of that, eight “administrative
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Newsletter 16 - 20/02/2015
framework to allow those owing more than 15,000 to pay the debt in 100 instalments (as opposed.... The new framework allows for a 100 percent reduction in penalties if the whole tax principle is paid in one instalment, which is gradually reduced to a 30 percent cut for 90–100 instalments. In addition
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The pension and revenue interventions Greece has to make to meet its 2016 fiscal target
EconomyProgrammein six large islands as of October. 2) Increase in the solidarity levy rates for annual income above... corporate income tax has increased from 75 to 100 percent, while that for self-employed rose from 55 to 75 percent and is due to further increase to 100 percent for 2015 income. 4) Tax of 0.05 euros per
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HRADF's updated plan for 19 privatisation projects published
Economy(former Athens airport) in November 2014 for the sale of 100 percent of its shares and the right... bids for the sale of 100 percent is set for May 31. For the latter, three investment groups have... development plan involve the completion of the sale of 100 percent stake in two neighbouring beachfront
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit of 100 million euros but still underperforming the surplus of 103 million recorded a year earlier... euros), hospitals (+100 million) and SSFs (100 million). SSF arrears came to 2.30 billion euros
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Vote on child custody bill reveals rifts within ND, KINAL
PoliticsGreek Politicsvaccinated citizens to 2 million (20 pct of the population) and those having received at least the first... in terms of the total number of doses administered to date, with just under 50 doses per 100 adults. The top country, Malta, has administered more than twice that number, at 102 per 100 adults, while
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