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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... to experience only a small increase in their disposable income - enough perhaps to pay for a couple
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek PoliticsThe long-awaited decision on compensating pensioners for retirement pay cuts ruled unconstitutional... might adopt a more generous interpretation of the ruling and award back-pay universally.... Pension back-pay is not the only legacy of the financial crisis that the government is having
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... Central Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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Government determined to push through hospital reforms in pre-election legislative sprint
PoliticsGreek Politicswith an average 10 pct pay increase for hospital doctors. The reaction from doctors’ representatives has... to compensate for inadequate pay. Protesting doctors occupied the Health Ministry on Tuesday demanding... hospital doctors by offering better pay and more attractive terms. The Panhellenic Doctors’ association
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek Politicsto introduce inflation-linked pay rises for public sector workers, cuts to fuel duty and VAT... to elections. On Tuesday, Mitsotakis will address Parliament in support of a special bill on armed forces pay... the measures, which include a new pay scale and special benefits for the armed forces, to the death
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicsfor pensioners whose retirement pay did not increase this year due to the so-called “personal difference... with the 72- and 120-instalment schemes to pay off their dues to the state will be allowed to rejoin... by the energy crisis. If they pay an amount equal to two of the missing instalments, they will be allowed
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Where are the Conservatives?
Agorawant something, we must be willing to pay for it). In this world, I would advise against placing... constraints to be ignored as long as possible. If you can get somebody else to pay for your deficits and debt...? This accords with a refrain that the Greek public emits in surveys—"we don’t want to pay taxes
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New Parliament set for fractious opening session after Mitsotakis curtain-raiser
PoliticsGreek Politicsthat his government intends to pay off the remaining crisis-era loans two years early, with a view... is expected to focus on are pay increases for civil servants and a rejigging of the public sector pay
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Government focusses on cost of living with economy bill, push for lower ferry prices
PoliticsGreek Politicsfor food and drink rose to 12.2 pct in June. The socialists point out, for example, that the pay... is considering a new approach that will separate debtors struggling to pay and those not willing to pay
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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicsalso objected to pay increases for cabinet members contained in the omnibus bill. PASOK spokesman Haris Koukoulopoulos said that increasing the pay of ministers who were not members of Parliament to equal 90 percent of the salary of high court judges amounted to a 46 percent pay hike. Opposition
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