Search
-
Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomythe collectability of public revenues. Tax arrears created until March 1 2015 may be included... of the single property tax (ENFIA). The set date for tax settlement is the end of May and tax debtors have... security contributions past due until February 1, 2015. There is an elimination of penalties
21% -
New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomyand disagreement, with Athens having reportedly agreed on a set of fiscal measures. A joint statement... and pension reforms. On the fiscal front, the government has reportedly proposed a new set measures... a primary surplus target of 1.5 percent in 2015 ranges between 1.8 billion euros (1 percent of GDP
21% -
Greece passes latest omnibus bill, looks to next actions ahead
EconomyProgrammeThe omnibus bill with the second set of prior actions required for the disbursement of the next sub... that “the assessment of the first set of milestones is ongoing and once it is finalised shortly, the EWG... actions for the disbursement for the second sub-tranche of 1 billion, euros has not been defined yet
21% -
Newsletter 94 - 04/11/2016
-level collective agreements. In addition, they believe the state should set the minimum wage... the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros... of around 1.8 billion in the last three months, the backlog has decreased by 1 billion, indicating
21% -
Bond issue decision expected as clock ticks down
PoliticsGreek Politicsthen, on July 21, Parliament is due to vote on whether to set up an inquiry into Defence Minister Panos Kammenos’s intervention in the Noor 1 drug smuggling investigation. New Democracy still feels... this affair. On Thursday, the conservatives criticised the coalition for failing to set up a sworn
21% -
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingbillion, exceeding the annual target of 18.1 billion set by the NBG. The decrease in the NPE stock... (ELA) funding from 3.8 billion in June to 2.3 billion in September. At 1 billion euros in October, NBG... Equity Tier 1 (CET1) ratio stood at 16.8 percent in Q3, while the fully-loaded Basel III CET1 ratio
21% -
Athens poised to unveil new minimum wage as post-MoU review continues
EconomyProgramme650 million euros. In a staff statement following the visit to Athens last week, the institutions set..., the IMF maintains its long standing position that growth will retract to just above 1 percent, when... as the minimum wage is set to increase and the youth minimum wage is about to get abolished. Greece
21% -
Newsletter 192 -01/02/2019
into force on Friday, February 1. The increase was more than had been expected and above the level... A higher-than-expected wage increase and a bond release set the stage for SYRIZA’s election battle... time in a decade to 650 euros per month, from 586 euros currently, effective from February 1
21% -
Tsipras tries to use Brussels warning to his political advantage
PoliticsGreek Politicsenhanced surveillance report public on Wednesday, in which the European Commission set out its concerns...,” he said. “Mr Mitsotakis insists on talking about the need to adopt a 1:5 hiring rule, while we have managed to secure a 1:1 ratio,” he said. Tsipras concluded with a warning that Greece has
21% -
Newsletter 209 -07/06/2019
have an estimated impact of around 1 percent of GDP, or 1.8 billion euros, and is seen as being... was set to enter into force in January 2020. This involves not broadening the tax base as planned and not creating an extra 1 percent in fiscal space for growth-enhancing reforms of the tax system
21%