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ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek PoliticsThe first bill to be adopted by the new Greek government since it was elected on July 7 is due..., pointing to the 10 percent reduction in ENFIA for properties worth more than 1 million euros. SYRIZA... of taxpayers own properties worth more than 1 million euros. Vesyropoulos gave examples of how much
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ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsmore than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax... monthly payment will fall from 30 to 20 euros, while the interest charged on the amount owed will be reduced from 5 percent to 3 percent. Furthermore, business that owe up to 1 million euros
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Alpha Bank Q3 results reflect net profits of 43.8 mln
EconomyBankinghas concluded sales totalling around 20 million euros. By the end of the year, the bank is aiming... borrowing allowance. Blended funding costs in Q3 were in negative territory (-7 bps) and are expected to trend lower as the bank anticipates to benefit from a -1 percent interest rate, assuming fulfilment
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Labour compensation and productivity in the EU-27 and Greece
Agora. This blog 7 concludes our three-part series on the crucial items of productivity and productivity... measures need to be the same as real GDP for the entire economy.[1] Gross value added, as measured... salaries in the 2000s than the private sector (average of around 25 euros per hour, versus 20 euros
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Newsletter 415 - 08/03/2024
feelings about the draft law on higher education. While 20 pct of respondents think the reform... the last poll in January. Support for New Democracy has fallen by 1 point to 29.5 pct, while PASOK's...-nationalist Greek Solution gained half a point, rising to 7 pct. There was little change among
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Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBankingmillion euros in the same period of 2023, a rise of 7 percent. Normalised profit after tax for H1 was 437... in 2023. Recurring operating expenses were down by 1 percent to 414 million euros in H1, from 416... in recent quarters. Capital The fully loaded Common Equity Tier 1 (CET1) ratio in H1 stood at 14.8
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Newsletter 463 - 23/05/2025
in the coming months. Ultranationalist Greek Solution is almost unchanged in fourth place on 7 pct..., leaving six groupings between 1 and 2.9 pct. This highlights the level of fragmentation in voter support..., hotels and catering, and another almost 20 pct works in retail and wholesale. These are sectors where
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Jobs, hundreds of thousands of jobs
Agorathe troika’s cosh for exactly four years. The most devastating cost has been the loss of 1 million jobs... by more than 20 percent. Greece’s labour market has been devastated, like no other in any modern crisis... years will be reduced by over 1 pp for every pp of growth. The problem here though
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Moody's explains why it sees SYRIZA win as credit negative
Economytakeaways from the report include: 1) New coalition government will likely challenge troika stance 2.... The rating agency estimates Greece’s financing needs at circa 20 billion euros in 2015, of which 16 billion relate to payments to the official sector creditors. Less than half of the latter (7
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Newsletter 35 - 17/07/2015
of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2... several payments to the private sector, where arrears have increased to 7 billion, which the commission... fell below the 1 billion mark by the end of May. The commission anticipates that the new programme
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