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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesother country surveyed to pay electricity bills in cash (56 percent). Around 85 percent of Greeks... choose to pay with, given the choice. When asked to pick between the various payment methods offered in a shop, 43 percent said that they would choose cash, 39 percent said they would pay by card
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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeaturesData from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... percent of farmers will pay the minimum contribution of 95 euros (89 percent in 2017), due to the fact.... The number of self-employed persons obliged to pay social security contributions rose by 23,588
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Newsletter 205 -10/05/2019
to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from
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Government braces for reaction to pension bill
PoliticsGreek Politicsto the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income
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Newsletter 389 - 14/07/2023
an omnibus bill that ranges from the new pay scale in the public sector to the extension of some... the end of its new term, but it was quick to shut these claims down with a new pay scale that has a fiscal cost of some 500 million euros annually and intends to reward low pay civil servants and those
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Greece trying to lay 'phantom' pensions to rest
Societythey all had a legal entitlement to their monthly retirement pay. As a result, Greece’s main social... themselves either at an IKA office or at the place they receive their retirement pay from, such as post... pay after the claimant had died. Vroutsis said that the annual value of the unjustified claims
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A third of Greek homeowners fear losing their properties in 2014
Societyexpressed fear about losing their home. Only 61.2 percent of those questioned said they were able to pay their mortgage instalments on time, whereas 22 percent said they often pay late and 16.8 percent said... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay
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The wrong prescription
Agora. They also have to wait up to six months for social security funds and healthcare provider EOPYY to pay their share of medicine costs. The OECD also makes no mention of the fact pharmacies have to pay a rebate and suffered losses in the 2012 PSI on the Greek bonds the government used to pay them
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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politics, increased tax collection has also been coupled with an incessant pressure on Greek households to pay mounting debts to the state. A growing inability to pay taxes and social security contributions due... 2.5 million Greeks are failing to pay their taxes, with 4.3 billion euros of new debts being created
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomy-payment that stems from strategic default and those that are unable to pay. c) Target individuals... with zero income will not pay any instalments for their mortgage. Households with annual income up to 25,000 euros will have to pay 10 percent of their income to service their housing loan, while
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