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Newsletter 221 -27/09/2019
in the corporate tax rate by 4 percentage points to 24 percent, halving of the dividend tax and decreasing the personal income tax entry rate to 9 from 22 percent. The Greek ministry has been arguing
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsheavily, raising the projected growth rate for next year from 2.3 to 2.8 percent, in the impact... the election, including the scrapping of the solidarity tax next year and the reduction of the middle rate
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Newsletter 224 -18/10/2019
at double the eurozone’s rate next year (2.8 percent versus 1.4 percent), and approximately a third..., making the net effect more moderate. 2 Rate of rise in overdue taxes drops in Aug Total for new
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Greece falls to 79 out of 190 economies in ease of doing business ranking
EconomyFeaturesas a percent of profits came to 23 percent in the 2020 report. It has remained at this rate for the last... consistently at 9 percent across all years while the recovery rate has dropped from a high of 46.3
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EC sees growth at 1.8 pct for 2019, rising to 2.3 pct in 2020 and fiscal targets in reach
EconomyMacroeconomythis year and next, exceeding 2 percent, which will lead to unemployment rate of 14 percent in 2021. Prices... and a new entry rate for personal income tax at 9 percent. The measures are fiscally neutral, offset
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Looking to build on support for relief measures, ND unveils new tax bill
PoliticsGreek Politicselectronically so they can qualify for the tax-free allowance and a new tax basic tax rate of 9 percent for incomes below 10,000 euros, replacing the current 22 percent rate. At a government meeting
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IMF cool on growth, urges greater effort on bank, fiscal and labour reforms
EconomyProgrammecontributions to the estimates and lead to a long team growth rate of 1.4 percent, from the baseline of 0.9... effective exchange rate is overvalued, which keeps the economy sensitive to internal and external
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OECD report traces change in public spending over a decade
EconomyFeaturesfor only four: change in debt interest rate, demographic changes, government guarantees and local government and/or developed administrations. The annual growth rate for government employment in Greece
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Piraeus Bank posts net profit of 44 mln in Q3 from continued operations
EconomyBankingdeposits rate stood at 52 bps in Q3 versus 57 bps in Q2, while the interbank repo rates have fallen... percent. The bank said that it aims to reduce operating expenses by a mid-single digit rate across
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BoG data shows drop in card usage in first half of 2019
EconomyFeaturesthat card fraud remains relatively low. Specifically, the rate of fraud cases was found to come to 0.03 percent in the first half of 2019, or one case of fraud per 4,000 card transactions. The highest rate
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