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Unpopular but effective property tax returns for another year
EconomyMacroeconomythat the total ENFIA amount due for 2016 will be kept stable, while parcels of land will be excluded from... findings on Greeks’ real estate wealth and tax payment. A total of 7.46 million taxpayers (including individuals and corporates) owned property value worth 698 billion euros. The total ENFIA due
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomy, bringing the total figure to 68 million euros. The equivalent figure for the same time last year was 1.22 billion. A decline was also noted in social security funds (SSFs), where the total fell by 289... was observed, taking the total to 7.17 billion euros. This was followed by other revenue with a small
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyeuros, bringing the total figure to 271 million euros. The equivalent figure for the same time last year was 739 million. A decline was also noted in local governments, where the total fell by 17... of 245 million was observed, taking the total to 10.09 billion euros. This was followed by other revenue
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Greek 2013 primary surplus confirmed at 1.5 bln euros
Economydebt, 1 billion to reduce state arrears and 500 million would be given as a “social dividend... the reduction of social security contributions by 3.9 percentage points (2.9 for employers and 1 for employees), which will be effective from July 1. The MoF insisted on Wednesday that it could still meet
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Stock taking: Where is the Greek economy now?
Agoraevents in our daily lives.[1] This also holds true for thinking about the macroeconomy of Greece. We can... an aspirational objective of around 1½ percent a year (see our blogs 5, 6, and 7 for more details.... The IMF has potential growth at 1 percent a year, and the EU Commission is a bit above (because
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Athens identifies drivers for growth as it draws up strategy for next years
Economythe trade balance in the region of 5.5 billion, with a negative contribution to total growth averaging... of domestic demand and close to 67 percent of total GDP, is seen growing modestly by 0.5 percent... demand and roughly 64.5 percent of total GDP. Investments are expected to make the most impressive
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomy44 percent of total arrears. Extrabudgetary funds’ arrears grew by 317 million year to date to 574 million (8 percent of total) followed hospitals’ arrears that rose by 252 million to 1.18 billion accounting for more than 16 percent of total arrears. In addition, state budget arrears increased
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New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
EconomyMacroeconomyfor the same period last year by 28.2 percent. In October, the total stood at 6.22 billion euros. New..., bringing the total to 6.47 billion euros compared to 5.82 billion in October. The VAT collectability rate.... For the month, a total of 504.8 million euros were noted as due, with 374 million euros paid out of the total
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Eurogroup clears next bailout tranches for Greece, sets new goals
EconomyProgrammeamounting to 1 billion each are linked to the implementation of milestones agreed between the Greek... of 2.9 billion in 2013, Greece will allocate 1 billion to reduce the country’s debt, 1 billion... involves one-off handouts to 1 million Greeks with low incomes and a temporary boost for members
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomythat the total ENFIA due for 2016 will remain at last year’s levels. The ministry clarified that 34 percent... amount. However, 690,000 taxpayers (less than 10 percent of total) would have to pay a higher ENFIA... in 2015 compared to a total tax due of 3.25 billion. This means the collectability rate was 81.6 percent
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