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Newsletter 153 -2/03/2018
, such as when the reduction of the tax-free threshold will be implemented, will have to be tackled... in 2019 and 1 percent of GDP to be raised from reducing the tax-free threshold for incomes in 2020... reading above the 50-mark threshold. February’s headline figure is the highest since June 2000
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesthe poverty threshold (defined as 60 percent of the median income) than all other employment categories... that living standards have worsened for everyone. The poverty threshold has falling as the median income declines, so a higher percentage pensioners would fall below the 2009 poverty threshold, as would
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For better or worse: Greece's bailout exit deja vu
Agoraand a lower tax-free threshold for 2019 and 2020 and that all these constitute a fourth programme... around half of its volume as “a rope around Greece’s neck.” Pension cuts and tax-free threshold..., by expanding the tax base through lowering the tax-free threshold. Greece was also granted the right
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturessince 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had... price to meet the “golden visa” threshold and then returning a portion of the funds to the buyer.... When Latvia raised the minimum investment threshold and introduced tougher security and money
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economy, surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10... on the current tax-free threshold, a single and unskilled worker on the new minimum wage will cost... 300 euros. The Greek government has pre-legislated that come 2020 the tax-free threshold
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammegovernment officials on Thursday night. The agreement means that the protection threshold in terms... will be able to apply. This threshold will increase to 21,000 for couples, with 5,000 euros being... percent threshold. The lenders will also be able to extend the repayment period to 25 years
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Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeby the borrower should be no more than double the threshold for the primary residence i.e. 500,000 euros. Naftemporiki’s report suggests that this threshold may drop dramatically to be in line with the 130,000-euro threshold for the residual mortgage. The other issue that has to be resolved is whether borrowers
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politicsthe cancellation of the reduction of the tax-free threshold, which was due to be confirmed in a vote on Friday... it has committed to not lowering the tax-free threshold next year. Over the last few weeks... of the tax-free threshold would not be brought back through the “back door.” Instead, he argued
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Newsletter 210 -07/06/2019
to make interventions in the tax system: Maintaining the tax-free threshold, the introductory tax... two consecutive months where the number of permits remained below this threshold. While property... consecutive quarters above this threshold. Industrial production down by 0.8 pct in Apr Compared
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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek Politicswith keeping the tax-free threshold at its current level, which is up to around 8,600 euros. Given... tax, even if they are above the threshold. The government also plans to reduce the top rate... threshold by 1,000 euros for every dependant child and introducing incentives for investors, some of which
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