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  1. Newsletter 389 - 14/07/2023

    Newsletters

    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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  2. Greece trying to lay 'phantom' pensions to rest
    Photo by Harry van Versendaal

    Society

    they 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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  3. A third of Greek homeowners fear losing their properties in 2014

    Society

    expressed 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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  4. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    retroactively from August 2012. This would force the coalition to pay back the money those affected... on Wednesday but will not be able to use any of this money to pay back military personnel and policemen... to their salaries. A lower court that deals with wage issues ruled in December that judges’ pay should

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  5. The wrong prescription
    Photo by MacroPolis

    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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  6. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    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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  7. 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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  8. Greece's imminent funding problems: All the numbers you need
    Photo by MacroPolis

    EconomyProgramme

    willing participants in the issue or pay off those that decline to roll over, thereby creating... obligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros..., the Greek state has to pay in cash 2.61 billion euros in March, which could increase by over 800

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  9. Newsletter 18 - 06/03/2015

    Newsletters

    billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion... role across the board. Varoufakis also caused raised eyebrows when he said he was against the pay... and that he opposes the granting of pay rises at this stage. The difference of opinion over the PPC

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  10. Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage

    EconomyProgramme

    million euros. Athens has to pay an additional 1.23 billion euros in the next two weeks in three tranches... that the state will just pay wages and pensions. We understand that this would increase again arrears... obligations. According to the proposed law, those who will pay their full principal amount until

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