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  1. Newsletter 201 -21/04/2019

    Newsletters

    euros is subject to an interest rate of 5.13 percent because it is beyond Greece’s IMF quota... was a leading contributor to the rise in the headline PMI figure with production rising to the fastest rate... as well, leading to the rate of job creation picking up to the highest level in the series history

    5%

  2. Divorces in Greece increase by 74.2 pct in 2017

    Society

    high increase in 2017. The crude marriage and divorce rate for 2017 is 4.7 and 1.8, respectively. The average rate of divorces between 2014 to 2017 came to 15,058 divorces versus 51,637 marriages..., when the rate rose by 43 percent year-on-year to 10,995 divorces compared to 7,675 in 1994.

    5%

  3. PM aiming to unveil expansionary fiscal measures after Easter
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is reportedly considering include reducing the top and lower rate of VAT and possibly moving some products from the higher rate, currently at 24 percent, to the lower one, which is now at 14 percent. The reduction of the basic income tax rate from 22 to 20 percent is also on the cards as is a further

    5%

  4. Mitsotakis attempts to outmanoeuvre Tsipras over lower tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the top VAT rate from 24 to 22 percent and the middle rate from 13 to 12 percent and moving some goods from the top rate to the lower one. Another measure being considered is bringing back the 1.5

    5%

  5. Tsipras tries to entice voters with VAT cuts and pension bonuses
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    products from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT rate applied in the food service/catering sector will be reduced from 24 percent to 13 percent. Also... than 1,000 euros, the rate will be 30 percent. “Fiscal policy is becoming more of an ally for growth

    5%

  6. NPEs down by 13 pct to 81.8 bln in 2018, but BoG highlights continuing credit risk
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    loans NPEs. The cure rate at the end of 2018 was 1.9 percent against a default rate of 1.8 percent. It is worth noting that mortgages had the highest cure rate of 3.3 percent, while business loans had

    5%

  7. Newsletter 212 -28/06/2019

    Newsletters

    included lowering the VAT rate for the food service sector. In his note, Petsas said that from 2020..., drop the introductory income tax rate from 22 to 9 percent for those earning less than 10,000... of a new seven-year bond at a nominal value of 3 billion euros and a fixed interest rate of 3.375

    5%

  8. 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%

  9. 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%

  10. 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%