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Greece prepares set of proposals for bridging deal with eurozone
PoliticsGreek Politicsis estimated by SYRIZA at 1.86 billion euros and relates to: 1) Subsidized meals for 300,000 poor families (estimated cost at 756 million). 2) Restoration of the 13th pension (Christmas bonus) - equal to one
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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammein Parliament earlier this month, Mardas estimated that the streamlining of all public procurements... to tobacco smuggling are estimated at 800 million euros, while measures targeting their illegal trade could
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeinto a national priority. A key pledge relates to fuel and tobacco products’ smuggling (with estimated revenues... not have any negative fiscal effect. Bear in mind that the estimated cost of the SYRIZA’s first
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economyestimated in the 2015 budget also due to higher revenues from the fees paid by Greek banks for the issue... million by the end of the year. The initial target for collections from this scheme was estimated
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammerevenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point (to 29 percent) with estimated revenues of 130 million. Pension reforms The government fully adopts
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European Commission evaluates impact of bailout programme
EconomyProgrammeperiod is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent... is estimated to increase revenues by around 1 percent of GDP with current VAT revenues accounting
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Study shows deep impact of capital controls on retail sector
Economyand August retail turnover is estimated to have declined by 14.9 and 17.3 percent respectively... trade is estimated to have dropped by 12.6 percent or 1.33 billion euros to 9.25 billion
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economybetween the amount of VAT that is actually collected and the estimated VAT amount... as the ratio between the VTTL and an “ideal” VAT revenue estimated by applying the standard VAT rate
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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammepercent (estimated revenues at 410 million), rise in the solidarity levy rates for individual annual... fiscal measures were estimated to increase revenues by 3.18 billion (1.8 percent of GDP) on an annual
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Now comes the really hard part
Agorawas transformed into an estimated recession of at least 1.3 percent of GDP for the year. Tsipras’s... that he wanted to beat to the punch start hitting home. It is estimated that the changes to VAT
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