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Newsletter 9 - 30/12/2014
their fading political fortunes. DIMAR is now set to be absorbed into SYRIZA, while Independent Greeks... gradually cut the corporate and individual higher-bracket tax rate by 10 percentage points to 15 and 32... who will then be in charge have their work cut out and time will be a scarce commodity available
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomy, making up 80 percent of total. The new framework would allow for a 100 percent cut in penalties... to a 30 percent cut for 90-100 instalments. The initiatives presented by Valavani did not include any... with an objective value (as set by tax authorities) up to 200,000 euros for taxpayers
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Greek gov't targets unpaid social security contributions: The numbers involved
Economyfor 51 up to 100 instalments the respective cut amounts to 50 percent. The minimum instalment was set... billion. At the same time, expenditure was cut by 8.4 percent to 37.06 billion euros resulting
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsand everything points to him having his work cut out to convince his party to support the deal if he reaches... of age and earning less than 8,500 euros a year. Pensions, which have been repeatedly cut since... parliamentary spokesman Nikos Filis told Mega TV on Wednesday night that such a set of proposals would
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Newsletter 29 - 05/06/2015
a cut in both supplementary and primary pensions. new VAT rates should produce additional revenues of 1... for supplementary pensions. This would clearly require a cut in both supplementary and primary pensions... Samaras to quit as leader, PASOK is set to change leadership later this month and To Potami remains
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Newsletter 31 - 19/06/2015
NPE exposure of 100 million, banks would have to set aside about 44 million in loan provisions... to save money: cut defence spending. However, despite being under intense pressure from Greece’s lenders... lenders as a structural measure that produces a permanent spending cut. One of the reasons
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Some progress made as Greek programme review heads for break
EconomyProgrammenot want to cut current pensions that are below 1,400 euros per month (sum of main and supplementary) as part of the current set of reforms. Tax reform On the other thorny issue of tax reform..., 30 percent tax on OPAP Video Lottery Terminals (VLTs), whose launch has been delayed, and cut
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Pension and income tax reform bill sets out 4.4 bln in new measures
EconomyProgrammeon April 19, except the new pension ceiling. This is now set at 2,000 euros (instead of 2,304) for a single... million. This figure is expected to rise to 900 million from 2020 thereafter. 2) Cut in current (284... private and public pensioners – 222 million. 4) Cut in the dividends paid to public pensioners – 208
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Mitsotakis pledges tax cuts, looks for party balance and broad appeal
PoliticsGreek Politicsat the Thessaloniki International Fair next weekend, where he will set out his policy proposals, Mitsotakis..., and Antonis Samaras before him, have been tripped up by tax cut pledges that they were not able... of Greece’s lenders, as a tax cut that had paid off. Mitsotakis also pledged to offer incentives for greater
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Compromise proposal on table ahead of Friday's Eurogroup
EconomyProgrammeeuros for a single person to 5,900 euros, entailing a cut in the corresponding tax credit from 1,900... reduction in the single property tax (ENFIA) by 5-10 percent and a cut in the personal income tax rates... the 0.5 percent target but even the 3.5 percent goal set for 2018.
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