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Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy2013. In addition, it is still 100 bps higher than the respective rate in Spain, Portugal and Italy..., where rates rose by more than 100 bps month on month to 6.64 percent. This specific category shows... average rates stands at around 2 percentage points for amounts up to 250,000 euros and at circa 3
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Newsletter 3 - 14/11/2014
to the state, which now total about 85 billion euros, in up to 100 instalments. The new legislation... allowing taxpayers to pay off their overdue taxes in up to 100 instalments will create an additional... of economists by Reuters had predicted a growth rate of 1.3 percent for the third quarter. 2
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammewith a net cost of 2 billion euros. As later clarified by senior SYRIZA officials, the net cost... who pay in (up to 100) instalments. Note that the previously announced 50 percent haircut on tax... allowance of 100 euros per family per month for up to 300,000 households budgeted at 137.7 million
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Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate
EconomyMacroeconomy-offs of 100 million. The overall stock of new and legacy debt stood at 75.73 billion euros at the end of February - up by almost 2 billion euros in the year to date. The Finance Ministry has officially... for tax settlement, which runs until May, provides for up to 100 instalments for the payment of unpaid
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Newsletter 25 - 08/05/2015
investors, with foreign participation at around 100–150 million. The amount of the foreign take-up... April, a total of 370 million had been transferred by the independent employees’ fund ETAA (100... drop over the last 22 months. April’s reading was eighth straight month with sub-50 reading. 2
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammewill legislate to eliminate opportunities for income tax avoidance, require 100 percent advance payments... expenditure by 100 million in 2015 and 200 million in 2016 compared to 400 million in the institutions... revenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economyin the relevant pension cost reportedly stands at around 2 billion on an annual basis. Contribution arrears SSFs... arrears in 100 instalments that was launched in May. So far, a total of 6.1 billion euros... (mainly hospitals), 2.47 billion to private sector suppliers and more than 100 million to insured
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Eurobank presents 2.12 bln equity raising plan to cover capital needs
EconomyBankingsecurities exchanged at 100 percent of nominal value, 267 million to Tier 2 securities (at 80 percent... (1:100) will take place concurrently with the capital increase. This is inevitable since the current
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Newsletter 57 - 08/01/2016
the advance corporate income tax has risen to 100 percent, from 75 percent. For the self-employed, there is a similar increase in their advance income tax, from 55 to 75 percent, and further to 100 percent... to growth and reflected higher production. 2 Elusive search for a saviour Despite disappointments
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammetax-free threshold entails an extra annual tax burden of 100 euros for families with two children... included revenues of 100 million euros from a 30 percent tax on OPAP Video Lottery Terminals (VLTs... Introduction of a hotel overnight stay tax ranging between 2 euros for hotels with two stars up to 5 euros
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