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Newsletter 219 -13/09/2019
not been previously announced, some of which will apply in the coming years rather than being included... 8,500 euros, and the income tax rate for those earning less than 10,000 euros come down from 22 to 9... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood
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Growing Greece: From narrative to reality
Agorainvestment and get the Greek economy growing at a faster rate than has been predicted so far. The three areas.... They are working from a much sounder base than Greece has had for many years, they are making efforts..., including a more benign international environment than the current one, a growth rate of 3 percent could
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September employment balance stays positive by 2,651
EconomyMacroeconomyThe employment balance stayed positive in September with 2,651 more hirings than firings, data from... hirings than firings. This was followed by those aged 45-64 with a positive balance of 4,499, and those..., the employment balance showed 287,537 more hirings than departures. Ergani noted that the balance for the first
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Reopening of 10-year bond secures record low yield of 1.5 pct
Economyclosed at 13:00 UKT with offers of more than 7.6 billion euros, including 714 million of joint-lead manager interest. The transaction attracted more than 250 participating accounts with the lion’s share... banks at roughly 11 percent. The PDMA notes that the real money allocation stood at more than 87
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Despite ongoing budget talks, ND eyes more relief measures in coming months
PoliticsGreek Politicsat the end of 2020. Staikouras argued that a better-than-expected performance on the revenue side... by an average of 22 percent. According to the Finance Ministry, more than 1.1 million taxpayers applied... be paid out in advance, rather than applicants asking to be reimbursed for heating fuel costs, as had
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Budget primary surplus at 4.48 bln in September
EconomyMacroeconomy, higher than the target by 1.94 billion euros or 4.8 percent. The full revenue breakdown will be provided... billion euros in the aggregate period, higher than their target by 344 million euros. Compared..., and standing 4.3 percent higher than for the same time last year. Expenditure Primary expenditure came
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Vital economic legislation lined up as ND seeks compromise over diaspora vote
PoliticsGreek Politicswere able to reach an agreement, including over a fiscal gap that the lenders estimated to be more than... it will be clearer if the total amount will be more or less than expected. In his meetings... electoral roll and have lived abroad for less than 30 years, as well as being registered with the Greek
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesin order to kick-start the country’s stagnant property market. This would bring more than 100,000 unsold... the numbers for 2018 picked up, they were still around 85 percent lower than that for 2005, and the majority of the projects concerned involved refurbishments rather than new builds. Property sales
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Newsletter 224 -25/10/2019
, when it will be clearer if the total amount will be more or less than expected. On pensions... apparently secure more than the 200 votes needed in Parliament to adopt the necessary legislation... their first negative rate instrument when the 3-month T-Bill auction fetched offers of more than
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Sept budget primary surplus confirmed at 4.47 bln, well above target
EconomyMacroeconomythan the target by 1.94 billion euros or 4.8 percent. A breakdown of revenues showed improvements... million (-5.4 percent). Tax refunds came to 3.52 billion euros in the aggregate period, higher than..., beating their target by 1.60 billion euros, and standing 4.3 percent higher than for the same time last
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