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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammehaircut 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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Eurobank gears up for crucial but contentious capital increase
EconomyBankingincrease 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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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammeand 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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Newsletter 159 -27/04/2018
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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Newsletter 192 -01/02/2019
As government increases pay, study shows foreign investment crucial to growth As was widely... euros net pay and is almost 64 euros higher compared to the one set up in 2012. The increase is much... threshold, which the government pre-legislated in 2017, will eat away a large part of the increase
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Newsletter 367 - 27/01/2023
months to help households pay their shopping bills. Mitsotakis went on to say that he expects... was not the outcome of the economy growing beyond expectations but due to Greeks having to pay significantly higher... radical left MeRa25 and far-right Ellines (Greeks) gaining 2.5 pct, just short of the 3 pct threshold
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Newsletter 369 - 10/02/2023
in the House on Tuesday during a debate over the introduction of a new pay scale for armed forces personnel... the next four years. The SYRIZA leader pledged to introduce inflation-linked pay rises for public sector... that support for the extremist grouping in the upcoming election could surpass the 3 percent threshold
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Why tax evasion threatens to become endemic due to how Cyprus was bailed out
Agoracushion for a restaurant or a cafe that is struggling to pay its running expenses. The resurrection... the owner not to pay tax by not requesting a receipt, hoping that the owner will pass part of the 18... issues existed, the general consensus is that the high zero percent income tax threshold for Cyprus
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Newsletter 3 - 14/11/2014
. It also expressed its opposition to a law passed last month allowing taxpayers to pay off their debts... allowing taxpayers to pay off their overdue taxes in up to 100 instalments will create an additional... the threshold of 20 million, according to the Association of Greek Tourism Enterprises (SETE). Tourism
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammethat they pay the state the market prices for the frequencies used. On public tenders and procurements, Greece... strategic default and inability to pay. The government also pledged to de-criminalise lower income... income threshold, while punishing strategic defaulters. In addition, the government aims to align the out
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