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Business balance positive in 2017, small companies continue to dominate
EconomyFeaturesadditional companies registered in 2017 than delisted. Since 2011, a negative balance has been noted... activity on the platform than becoming active. There was a 5.8 percent increase in new companies forming... for those under 35 with less than 5 insured years. The knock-on effect of this is visible in GEMI’s
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... from various funds, as mentioned previously, which totalled more than 1 million across the year... that 69 percent of debtors owe less than 15,000 euros each for an aggregate amount of 3.36 billion
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Newsletter 166 -15/06/2018
settle a diplomatic dispute that has dragged on for more than a quarter of a century. Under... A diplomatic standoff that’s extended into nearly three decades seemed closer than ever to a solution... with the Greek President Prokopis Pavlopoulos, thereby trying to give an institutional, rather than
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Greeks seen working longer, until July 18, to meet annual tax bill
Societylater than that of last year, which according to ELSTAT fell on July 6, 2017. They estimate... very slightly by 0.2 percent in 2017. Workers taxes on average were 1 percent higher than 2010... Molinari study outlines that Greeks reached their tax freedom date 27 days later than they did in 2010
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Newsletter 173 -07/09/2018
than expected, but they will be closely followed by economic policy promises from New Democracy leader.... The government is also examining the possibility of poor families, with annual incomes of less than 9,000 euros and properties worth less than 85,000 euros, being completely exempt from ENFIA
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Newsletter 180 -26/10/2018
that the current set of decision makers have a higher standard of ethics than their predecessors. Tsipras... euros, or 176.1 percent of GDP, which is lower than the 178.6 percent in April’s estimate, mostly thanks... of the economy but at 317.4 billion is nominally higher than the 315 billion that it settled in 2016. Overall
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December hirings balance positive by 5,970 with annual balance for 2018 up by 141,003 places
EconomyMacroeconomywith 5,970 more hirings than departures, according to data from the Labour Ministry’s Ergani information system. Compared to December 2017, there were 9,345 more departures than hirings. Ergani noted... to 45.7 percent of the total, meaning that less than half of all jobs created in 2018 were full-time
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Newsletter 197 -8/03/2019
is that the applicant’s total savings should be no more than 50 percent of the unpaid loan, which means... by the borrower should be no more than double the threshold for the primary residence i.e. 500,000... by repurposing any fiscal overperformance, rather than redistributing it, as the current government has done
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Primary residence talks continue amid uncertainty about draft legislation
EconomyProgrammewilling to overcome their reservations if the criteria for these loans is much tougher than... value of the properties in question to be no higher than 130,000 euros (compared to the 250,000 euros originally proposed by the government) and for the borrower to owe no more than 50,000 euros
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No breakthrough in discussions over protection for main homes
EconomyProgrammeof the properties that can be protected to be 230,000 euros, rather than the 250,000 euros propose by the government. They also want the maximum level of the residual mortgage to be 100,000 euros, rather than 130,000. They are also pushing for the ceiling on the deposits that borrowers have to be no higher than
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