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Draft budget highlights taxpayer fatigue, creates policy mix doubts
EconomyMacroeconomyto bring in another 1 percent of GDP in revenues by reducing the tax-free threshold to broaden the tax
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammethe tax-free threshold, in line with macroeconomic evidence of employment growth at low-income levels
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Newsletter 135 - 13/10/2017
tax estimates due to more taxpayers falling below the tax-free threshold in line with macroeconomic
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Tsipras sets off for USA as prior actions, e-auctions dominate at home
PoliticsGreek Politicsthe possibility of the pension cuts and the tax-free threshold reduction lined up for 2019 and 2020 being
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Budget primary surplus of 4.54 bln in 9-month below target despite underspend
EconomyMacroeconomytheir threshold by 229 million euros. Revenues from VAT rose by 5.3 percent in September, rising by 6.1 percent
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PMI at 52.1 in October, dropping slightly from previous month
EconomyMacroeconomyGreece’s Manufacturing PMI dipped slightly by 0.7 points in October to 52.1. Although the latest headline figure represents a three-month low, the index has remained above the 50-mark threshold for a fifth consecutive month. The report by Markit stated that the Greek manufacturing sector entered
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Newsletter 138
figure represents a three-month low, the index has remained above the 50-mark threshold for a fifth
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EC upbeat on reforms paying off, as long as they continue
EconomyProgramme-free threshold closer to the European average. The package intends to deliver 1 percent of GDP savings
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Tsipras gains backing for 'social dividend,' sees poll gap narrowing
PoliticsGreek Politicscuts (and possibly the lowering of the tax-free threshold) that have to be implemented from
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Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
EconomyMacroeconomyfigure represents a three-month low, the index has remained above the 50-mark threshold for a fifth
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