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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammethe new property tax will be based on new “objective” prices set by tax authorities... that the collectable tax arrears stand at 8.9 billion euros out of a total outstanding amount of 76... amount. This means that settled arrears could reach around 3 billion, while the targeted revenues
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyof total. Of this amount, the Finance Ministry aims to collect revenues of at least one-third or 3... of this category stand at 2.3 billion, making up just 3 percent of the total amount. In contrast, 326,000... billion (97 percent of the total). The upper bracket, including those who owe more than 1 million each
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Newsletter 152 -23/02/2018
euros, which is partly dependent on Athens meeting the targets set by the creditors for reducing state... clearance in 2017. The aim is to reduce state arrears, which stood at just over 3 billion euros in January... by the end of the programme in August. The total figure is now seen at 16.4 billion euros rather than
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Newsletter 208 -31/05/2019
Varoufakis narrowly missed the 3 percent threshold for electing an MEP, gaining 2.99 percent of the votes... share of the vote by 3 or 4 points to ensure that it has a clear and prominent future on the Greek... on Sunday, less than 2 percent of the total, in a disappointing performance. This has raised questions
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Newsletter 300 - 11/06/2021
gain traction on the basis of its stance, it could set the template for future confrontations... sentiment in the Greek sovereign debt market by issuing a total of 11.5 billion euros in the first half... euros, bringing the total size of the issue to 6 billion euros, the largest single security of the Greek
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Newsletter 308 - 17/09/2021
by the measures set out by Prime Minister Kyriakos Mitsotakis, which involved a fiscal package so substantial... calling elections in 2021, a year ahead of schedule. The interventions - 24 in total - announced... inflation and appealing to young Greeks. The total fiscal impact of the measures laid out at TIF
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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomyoutflows, which were previously rumoured to have reached 3 billion in March. At the same time, ECB... in the December – February period and may have increased by another 3 billion in March. BoG is scheduled
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New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
EconomyMacroeconomymillion month-on-month in April, bringing the total to 2.29 billion euros compared to 2.08 billion... from the IAPR. Total debtors now stand at 3.91 million, down by 41,276 month-on-month and remaining below 4 million for a third month running. The total for legacy tax arrears (i.e. those created
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Newsletter 35 - 17/07/2015
. Payments to the IMF (8.3 billion); 3. Redemptions of bonds held by the private sector (6.8 billion... by the Greek government, raising total the debt amortisation figure to 35.9 billion. Another debt-related... percent of the total gross financing needs of 90.2 billion foreseen by the European Commission. Greek
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Newsletter 169 -06/07/2018
to the constitution set out in the agreement he signed with Tsipras last month. Ideally, the coalition... that it will be enough to secure enough votes to gain more than 3 percent in the elections and enter Parliament. New... on the fronts of a smooth market exit and continuity in the reform effort. The set of debt relief measures
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