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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesand with earnings above the threshold could pay between 30 and 47 euros less tax annually thanks...-employed workers, who do not receive a personal tax credit, will pay the reduced base tax rate... just starting out who will be taxed at a lower introductory rate. The total cost of adjusting
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Current account deficit widens to 404 mln in March
EconomyMacroeconomya sharp drop in the primary income surplus (by 859 million) followed by a narrowing of the services
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Talks on bailout review head for crucial weekend
EconomyProgramme. Meanwhile, the Labour Ministry announced on Thursday that an amount of 859 million from the 2017
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Public investment under spotlight amid arguments over budget execution
EconomyMacroeconomyfunds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97
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Greece is gasping for a deal
Agorathat Greece had to pay back to the IMF in March. Each of these payments brings relief that a possible... in to the cash reserves of several general government bodies to pay its debt obligations, which include... has been that in order to pay salaries, pensions and lenders, the government has held back
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammeGreece has to pay 6.46 billion euros for GGB redemptions (4.03 billion to the ECB and 2.43 billion... in GGBs held by the ECB are due. Greece also has to pay 620 million in March, mostly to private investors... Greece is obliged to pay back to the European Stability Mechanism (ESM) 1.6 billion euros
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BoG reveals number of indebted borrowers, details business NPEs
EconomyMacroeconomy‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent... exposures overdue for more than 90 days (28 billion) and those unlikely to pay (30 billion). According.... A closer look at business NPEs shows that from total loans of 64 billion granted to 30,000 large corporates
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General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln
EconomyMacroeconomyMoM (+114 million) and YtD (+804 million) rise to a total of 2.57 billion at the end of August making... billion in August, corresponding to 20.7 percent of total. Tax refunds’ arrears are the third key contributor to total stock with its balances landing at 809 million at the end of August making up
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Unpaid social security contributions almost reach 15 bln
Macroeconomy(ETAA). From the total overdue amount provided by KEAO, 11.04 billion euros or 74 percent of the total... owing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total
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Overdue contributions rise by 429 mln to 15.78 bln in Q1
Economyby general government entities as well as defaulted debtors. From the total overdue amount, 11.55... of 963 million (6.1 percent of total). In addition, one in four debtors owes between 15,000 and 30,000 euros each for a total amount of 1.35 billion (8.6 percent of total). On the other side
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