Search
-
Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agorasimilar, pointing to another year of weaker than anticipated revenue collection. However, a closer look.... Of this, 46.6 billion- or more than 60 percent - had been created over the previous five years. Based on the same figures, more than 3.7 million taxpayers (3.33 million of which were individuals) owed less
1% -
Greek pensions: The unsolvable equation
Agorasecurity contributions, one of the key funding pillars of the system, which were more than 22... than a quarter and the majority of sector wage agreements that tracked the minimum wage then followed... dropping from more than 13 billion euros in 2009 to an estimated 10 billion in 2016. Contributions
1% -
Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015
EconomyMacroeconomy, which was downward revised. The YoY GDP contraction in Q4 was deeper than market polls estimating... to the persisting deflation of 1.7 percent in 2015. The real GDP contraction in 2015 is higher than... for a 2.3 percent recession, is largely attributed to better than expected private consumption and tourism
1% -
Coalition hopes to ride out pension and tax dispute with farmers
PoliticsGreek Politicsthat at the moment around 85 percent of farmers declare incomes of less than 5,000 euros, meaning... the coalition may have a little more leeway timewise than the farmers. The other factor on the government’s... low incomes, with only 4 percent saying they earned more than 10,000 euros in 2014, has been widely
1% -
The refugee crisis and the beast within
Agorapsychological connection. It is less than 100 years ago that Greeks from Asia Minor packed onto boats... that Greek society has been more welcoming to the refugees than others in Europe is that Greece has so far been a transit country. It may have received close to 900,000 arrivals last year, and more than
1% -
Athens and creditors edge closer on tax and pensions but gap remains on NPLs
EconomyProgrammeworking years and a higher rate for those with more than 25 years, with the end-rate seen at 2.2... entail a cut in supplementary pensions above 150-170 euros by more than 20 percent. The Labour... understand that the tax-free threshold would be maintained above 9,000 euros, which is lower than
1% -
Four in 10 Greek firms thinking about moving abroad, survey shows
Economyand/or operations outside Greece. According to Endeavor's own projections, this would mean that more than 9,000... higher than the figure of 23 percent in the previous survey published last July in the aftermath... in the technology and health care sectors are the most willing to relocate, while the vast majority (more than 80
1% -
Overdue contributions rise by 429 mln to 15.78 bln in Q1
Economybillion euros (more than 73 percent) relate to main debt and the remaining 4.23 billion to surcharges... to almost 280,000 in Q1, with 38.3 percent owing less than 15,000 euros each for an aggregate amount... of the spectrum, 1,049 debtors (just 0.4 percent of total) owe more than 1 million each for an aggregate
1% -
Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyin the nominal GDP of more than 27 percent over this period. The breakdown showed compensation... implying a fall by more than 7 billion or 30 percent since 2009. This is largely attributed to soaring... by 1.5 percent to 31.08 billion in Q4. Since 2009, consumption has declined by more than 11 billion
1% -
Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyfigure is slightly better than polls pointing to a GDP contraction of 0.5 pct QoQ, while... displayed in the YoY comparison with GDP down 1.4 percent in Q1 slightly higher than the 1.2 percent... percent, much softer than anticipated last summer on the back of resilient private consumption
1%