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Capital controls to ease further from the beginning of September
EconomyMacroeconomya period of high political and economic uncertainty. The government has since been making plans... have been useful in encouraging the use of electronic payments rather than cash, BoG has noted...-to-master) once the new measures come into force, pending the submission of supporting documents
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New overdue taxes jump by 2.01 bln in Feb, total stock climbs to 101.12 bln
EconomyMacroeconomyfigure is the first time in five months that the number of tax debtors has fallen under 4 million..., the monthly rate of collectability came to 80.3 percent compared to 79.8 percent for January. The IAPR has... were under forced collection measures increased by 20,839 month-on-month to 1.1 million. Those who
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New overdue taxes rise by 849 mln in August with total stock at 102.81 bln
EconomyMacroeconomydriven by rises in new debt. Total debt has remained above the 100-billion mark for seven months now... to 82.3 percent. The IAPR has set a goal for the overall tax collectability rate to reach 84 percent.... Individuals under forced collection measures increased by 48 month-on-month to 1.1 million. Those who
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
EconomyThe Independent Authority for Public Revenue (IAPR) has released annual figures for 2018 which show the growing pile of tax debt owed to the state as well as increased measures to confiscate amounts..., the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax
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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicscalling on the public to respect distancing measures. While compliance with stay-at-home orders has been widely embraced over the six weeks’ duration of the measures, the easing of the lockdown... incident a complaint has been filed against police by a local resident who claims to have been beaten
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PM set to unveil support package, as ND cements poll lead
PoliticsGreek Politics. The economic support package, which has been widely trailed in the media, is said to total up to 24... findings that the governing party has benefitted from its successful handling of the pandemic. The prime... address this afternoon detailing measures for employment and the economy into the autumn, as well
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomy, the fiscal picture has been affected by the need of various support measures to protect the economy... recognise the extraordinary circumstances. Also, Greece has a favourable repayment schedule... of the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic
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Opposition questions true scale of PM's handouts, as speculation grows about snap polls
PoliticsGreek Politics, left-wing opposition SYRIZA has responded by accusing Mitsotakis and New Democracy of fiddling... of the interventions just announced, has focussed political commentators on the timeline between now and May 2022... at the Thessaloniki International Fair. The government laid out a raft of tax cuts and spending measures totalling
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OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP
Economyand house purchases, restaurants and cinemas that are shut, non-essential construction work that has... that evaluates the initial impact on economic activity of containment measures taken around the globe against... on those restrictive measures by analysing sectoral output and consumption patterns across economics
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Nightmare on Democracy Street
Agorathere. The attack took place on a road named after democracy – the very same democracy that has been pushed... for the ruptures now appearing in Greek society. Division has been at the heart of Greek history, dating back... disintegration has also torn apart its society and fragmented its political system. Now, though
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