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  1. Pension and income tax reform bill sets out 4.4 bln in new measures

    EconomyProgramme

    . 8) Lower pension ceilings – 98 million. 9) Lower family allowances for new pensioners – 23 million

    16%
  2. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    roughly 9 percent of GDP. An estimated 23.6 million non-domestic arrivals were recorded in 2015... and food service sector in Q4 2015 fell by 8 percent compared to the same quarter in 2014, the lowest since

    16%
  3. Greek stocks rebound 1.9 pct during week

    Economy

    million. Next week, Motor Oil holds its Annual General Meeting (AGM) on June 8, while Hellenic Exchanges holds its first Repeated AGM on June 9.

    16%
  4. General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln

    EconomyMacroeconomy

    million (8 percent of total) followed hospitals’ arrears that rose by 252 million to 1.18 billion... by 215 million to 666 million (9 percent of total), while tax refunds’ arrears posted the slowest rise

    16%
  5. SETE study presents short- and longer-term prospects of Greek tourism
    Photo by MacroPolis

    EconomyMacroeconomy

    the number of overnights has dropped from 10 days to less than 8 in 2015 and is expected to remain... 326,000 (9 percent) in the accommodation and food services sectors and 357,000 in other sectors indirectly

    16%
  6. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    of 1.3 percent to 8.9 billion in H1 from 9 billion in the corresponding period last year. KEEM has based... products’ imports rebounded 8 percent to 13.46 billion in Η1 and currently make up 64.3 percent

    16%
  7. Greece drops three places to 61st in World Bank's ‘Doing Business’ ranking

    Economy

    percent of the property value. On Paying Taxes in Greece (64th), the report notes that there are 8... (52nd) requires 3.5 years and costs 9 percent of real estate.

    16%
  8. Fiscal dispute dominates as Greece and lenders gear up for more talks
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    on December 8 that the fiscal gap for 2017 has almost been eliminated, as was also confirmed by the December.... Debt relief Meanwhile, speaking in Parliament on December 9 during the discussion of the 2017

    16%
  9. Greece, lenders fail to make headway on fiscal and labour issues
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    from paying personal income tax compared to a eurozone average of just 8 percent. In addition... legislated last May still leaves a significant pension deficit of 9 percent of GDP, which is way above

    16%
  10. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    income lower than the 1,000-euro mark, more than 29 percent income between 1-5,000 euros and 8 percent... would mean that more than 15 percent of salary-earners and pensioners (around 707,000 taxpayers), 9

    16%