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Study shows 341 mln a year in tax lost from short-term rentals
EconomyFeatures-term rental model after the government announced that it would fully liberalise the short-term... due to the discrepancy in the taxing of these properties versus hotels Referring to the findings
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Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgrammeto model on the Cypriot Estia programme that includes loan subsidies for owners who are having... bad loans. The findings from the mission to Greece last week are due to be discussed at Thursday’s
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The allocation of labor resources in Greece and the EU-27
Agora. But such a sovereign policy choice triggers consequences. One effect is that within such a model... member states, so we can compare the results for Greece with that of the EU-27. Our findings
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Spotlight on challenges to labour productivity growth
EconomyMacroeconomya particular model of having attracted global technology companies and high value-added sectors like...’s findings are even more alarming when productivity growth is broken down by the size of the firm
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Tsipras pitch for progressive opposition presents New Democracy with new adversary
PoliticsGreek Politicsthe prevailing conservative model of “authoritarian capitalism” and restore democracy and justice. Tsipras... 74.9 pct against. The findings suggest there is not inconsiderable appetite for a new party
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Tech start-ups click into place to fight off Greek recession
Society, user ratings, car model and on-board amenities. Since beginning its operations in May 2011, Taxibeat... for start-ups to receive European Union funding through the National Strategic Reference Framework... with $100,000 of seed funding. Their software development kit (SDK) is now one of the most popular in the world
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Second review to resume in Athens under severe time pressure
EconomyProgrammemodel that combines flexibility with security, similar to the one in Denmark, which includes... Ministry, which identified labour reforms, the fiscal gap and the funding of the guaranteed minimal... funding, which is foreseen at 760 million. A negative development also emerged after the downward
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What is the state of play with Greek banks?
Economymodel to determine potential additional capital needs. The whole process is expected to be completed..., other cost cutting initiatives, lower funding cost and disposal of non-core assets will also be taken into account. Lower funding cost is the key top-line positive element stemming from the sharp
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Moody's upgrades Greek banks to stable, sees NPLs peaking at 37 pct this year
Economyare progressively transforming the domestic economy from a consumer-led model to a more competitive export... as the key drivers to ease funding pressures and lead to a gradual recovery of the pre-provision profitability in 2015. That said Greek banks have reduced their Eurosystem funding to 19 percent of total
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Further measures to protect and strengthen financial stability foreseen in sMoU
EconomyProgrammein the banking system and to a sustainable funding model for banks in the medium term. Via the Bank of Greece... of recapitalisation and funding for this purpose of smaller, less systemic banks. Bad loans The sMoU is very
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