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OECD report highlights stress on Greek middle class during crisis
Societyin the last decade than in the preceding ones. Between 2008 and 2016, real median incomes which act... than increased, shrinking by almost 6 percent per year. The report also found that Greece went against... of cash benefits that the middle class receives is slightly less than its share of the population
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Newsletter 205 -10/05/2019
than enthusiastic response to the interventions from Greece’s lenders, who were in Athens.... For pensioners earning more than 1,000 euros, the rate will be 30 percent. Achtsioglou said... less than 500 euros a month) and that the legislation to be submitted to Parliament later this month
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ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsless than 60,000 euros,” while half of that amount is for properties worth more than 500,000 euros... more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax... of the total reduction would be enjoyed by those owning properties worth less than 200,000 euros. Staikouras
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Newsletter 223 -11/10/2019
that a better-than-expected performance on the revenue side over the last few months has given... to the Finance Ministry, more than 1.1 million taxpayers applied to settle their tax and social security debts... euros on heating fuel benefit this winter and that the subsidy would be paid out in advance, rather than
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Newsletter 228 -15/11/2019
, a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021, with long.... A breakdown of amounts owed showed that 79 percent of debtors owe less than 15,000 euros each... turned negative in October with 125,668 more firings than hirings, data from the Labour Ministry’s
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Newsletter 232 -13/12/2019
than the Italian criterion of having sold 50 pct+1 of both mezzanine and junior notes, with the aim... more recently in search of work and better opportunities than their crisis-ridden homeland could... instrument, attracting more than one billion euros in offers for a 375 million auction, and a yield
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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingeuros in December, reduced annually by close to 14 billion euros, and more than 39 billion since... of the NPEs, 24.6 billion euros, is connected to some sort of settlement scheme. More than half.... Within the business segment, 62 percent of small and self-employed are non-performing, and more than
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PM declares tourism season open, rules out new lockdown
PoliticsGreek Politicsand the hiring of 1,100 medical personnel. Mitsotakis noted that during four days last week, more than... would be better prepared for a second outbreak than it was for the first because society... returned to the country during the coronavirus outbreak because they felt safer than being abroad may
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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomyis less than three months or if they receive more than 50 percent of their salary, in line with Eurostat... data was released. Particularly, response in urban areas had been lower than usual due... that the employment balance was positive with 37,568 more hirings than firings. Compared to the same month last
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Newsletter 258 -07/17/2020
more or less typical for this week, confirming that more cases are being recorded than a month ago... more than double by the end of August without some return to restrictions. The measures, taken... data has suggested that cases could more than double by the end of August without some return
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