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  1. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    and the estimated VAT amount that is theoretically collectable based on legislation. The latter... of VAT lost across the EU in 2016 is estimated at 147.1 billion, equal to a loss of 12.3 percent

    2%

  2. Banks submit new NPL targets to SSM, with sales leading way in reduction drive
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    strategic defaulters. The number of such defaulters is estimated between 45,000 to 50,000. Legal experts..., returning to a normal banking system will be a crucial step. It is estimated that by the end

    2%

  3. Population projections show demographic problem set to worsen in coming decades
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    Authority (ELSTAT), Greece’s population is estimated to have fallen from 11.1 million recorded in 2011... migration was estimated at 8,920 people at the end of 2017, with 112,247 immigrants versus 103,327

    2%

  4. Athens plans to use cash buffer to create fiscal leeway for expansionary measures
    Photo by MacroPolis

    EconomyProgramme

    as a bonus for pensioners) is estimated to cost 1.15 billion euros, around 800 million of which... million euros, while the impact of the measures in 2021 is estimated at a total of 1.22 billion euros

    2%

  5. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    for more than half of long term restructurings in 2019–2021. The total sum involved is estimated at 1.4... the servicing perimeter to other portfolios. The total cases are estimated at 300, with NBG’s

    2%

  6. Tracing the decline of the middle class as parties vie for its votes
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    according to EUROSTAT; of those who had left by 2013, it is estimated that 63 percent were university... tweet, while comparing it to the estimated 5,258 euros of annual income lost between 2011-2014. Even

    2%

  7. Promises, promises
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    , there was no Thessaloniki Programme, SYRIZA’s 2014 plan for addressing the crisis, which was estimated... will contain many of the pledges made by Mitsotakis on the campaign trail. It is estimated that the fiscal

    2%

  8. Finance Ministry faces balancing act as it starts to draft 2020 budget
    Finance Ministry

    EconomyProgramme

    earlier this year, the European Commission estimated that this year’s primary surplus would... government. Originally, it estimated that the scheme would shave 0.3 to 0.6 percent of GDP off

    2%

  9. Vote on tax bill due this week as ND pushes for adoption of first three draft laws
    Photo by MacroPolis

    PoliticsGreek Politics

    do not prove enough to plug the estimated 2.5 billion-euro hole in the 2020 budget before the tax relief package, the government is proposing to include the SMP and ANFA profits, estimated at 1.3

    2%

  10. VAT gap remains high as non-compliance overtakes revenue rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    and the estimated VAT amount that is theoretically collectable based on legislation. The latter is called... across the EU in 2017 is estimated at 137.5 billion, equal to a loss of 11.2 percent of the total

    2%