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  1. Omnibus bill goes to Parliament as Greece seeks to unlock 2 bln sub-tranche

    EconomyProgramme

    to their social security contributions. 3) An additional penalty of 10 percent is imposed on early... framework for the settlement of tax arrears in 100 instalments, allowing tax authorities to reduce

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  2. Greece fell two places to 60th in Doing Business ranking, World Bank says

    Economy

    . A DTF score of 0 represents the worst performance and 100 the frontier. Last year’s data and ranking... 71st place. Greece’s ranking has also dropped by 4 spots in Starting a Business (54th), by 3 spots

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  3. The key points in Greece's new bank recap bill
    Bank of Greece

    Economy

    to boost capital by 100 percent if capital needs are not fully covered. 3) In case the said capital

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  4. Greece gets tranche and looks ahead to next tasks, including pensions and NPLs

    EconomyProgramme

    in excess of 100 billion euros, with a rising trend. The new measures would involve amendments... deliverables. 3) Reform of the unified wage grid with the MoU noting that key parameters should

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  5. Rate of credit contraction edges up to 1.6 pct in Oct

    EconomyMacroeconomy

    to individuals & private non-profit institutions slightly decelerated to 3 percent in October from... at the end of March corresponding to more than 100 billion NPEs. The new legal framework

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  6. Newsletter 55 - 12/12/2015

    Newsletters

    . Another important project in its final stage relates the 100 percent sale of Hellinikon (the old Athens... 2016, which he set at around 3 billion, a higher figure than the 2016 budget target of 2 billion

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  7. Greece close to agreement that would unlock sale of Astir Vouliagmenis

    Economy

    receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million... he anticipated privatisation revenues of 3 billion next year, which would be above the 2016 budget

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  8. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    ), with targeted revenues at 100 million. But the VLT launch has been delayed and it is not yet known when this tax will be implemented. 3) Increase in the income tax rates for farmers (estimated revenues

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  9. NBG records loss of 2.05 bln in Q4 on one-offs and jump in credit risk provisions
    Photo by MacroPolis

    EconomyBanking

    provisions related to a new voluntary retirement scheme to be implemented within 2016 3) Other... bps in 2016 and around 100 bps over the medium term. On the asset quality front, non-performing loan

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  10. Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy

    Economy

    The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system... and pensioners to 9,100 euros from 9,550 euros resulting in higher tax burden of 100 euros for those with annual

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