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  1. Much riding on EU approval of plan to cap energy prices
    Photo by EC - Audiovisual Service

    PoliticsGreek Politics

    the government of not doing anything effective for the last nine months. Oil embargo SYRIZA also

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  2. Gov't submits multi-bill to pave way for next bailout tranches

    EconomyProgramme

    to pay the monthly instalment, the government will grant a subsidy that will burden budget... allowing taxpayers to pay their debt to the state in up to 100 instalments, the grace period of 30 days... for each child. According to the Finance Ministry, the income threshold was set at 8,180 euros

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  3. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    20,000 euros. Those with annual income of 25,000 euros would have to pay additional taxes of 626 euros, which would be an increase of 15 percent on what they pay at the moment. For incomes of 35,000.... The latest government proposal included a lowering of the tax-free threshold for salary earners

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  4. Greek ministers still hopeful of reaching deal with creditors this month

    Economy

    -employed, adding that 92 percent of self-employed with annual income below 30,000 euros would pay lower... on the impact of the pension reform, he stressed that 80 percent of self employed would pay lower... and solidarity levy, as well as the lowering of the tax-free threshold to 9,091 euros from its

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  5. Newsletter 111 - 17/03/2017

    Newsletters

    ), who did not have to pay any personal income tax in 2016, would have to pay as of 2019, assuming.... The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1 percent of GDP (1.8 billion) as of 2019. This would entail pushing the tax-free threshold down

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  6. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally..., surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10

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  7. Government and banks reach deal over new scheme to protect main homes

    EconomyProgramme

    haircut if the residual amount they have to pay on their housing loan exceeds 120 percent of the value... by banks will be able to take their case to court but will have to pay 30 percent of their monthly... government officials on Thursday night. The agreement means that the protection threshold in terms

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  8. Eurobank gears up for crucial but contentious capital increase

    EconomyBanking

    increase later this month could pay as little as 0.30 euros per share. The value of these shares...), Eurobank would not be obliged to pay this dividend due to its huge accumulated losses, mostly due... was below the BoG threshold of 9 percent. The four-month delay is attributed to several setbacks related

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  9. Gov't unveils bill to overhaul pension system, increase income tax revenues

    EconomyProgramme

    and pensioners. Self-employed and farmers will pay the whole rate, which would be applied on their declared...-employed Greeks with income below 32,000 euros would pay lower income tax with the new tax scale... in case the sum of main and supplementary amount per pensioner exceeds the 1,300-euro threshold

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  10. Newsletter 159 -27/04/2018

    Newsletters

    to how the self-employed pay income tax, the Labour Ministry revealed in February this year that although a higher percentage of non-salaried workers will pay a minimum monthly social security contribution... designed to ward off any thoughts of moving the reduction of the tax-free threshold forward from 2020

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