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Newsletter 88 - 16/09/2016
of companies are due to pay a higher property tax for this year. The breakdown for individuals showed more than 80 percent are due to pay a tax of less than 500 euros which, added up, corresponds to one-third.... The last bracket includes 1.8 percent of individuals with very large properties who are due to pay
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Review delay brings Greek liquidity needs back into focus
EconomyProgrammeGreece has to pay 6.46 billion euros for GGB redemptions (4.03 billion to the ECB and 2.43 billion... in GGBs held by the ECB are due. Greece also has to pay 620 million in March, mostly to private investors... Greece is obliged to pay back to the European Stability Mechanism (ESM) 1.6 billion euros
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Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeaturesData from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... percent of farmers will pay the minimum contribution of 95 euros (89 percent in 2017), due to the fact.... The number of self-employed persons obliged to pay social security contributions rose by 23,588
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Newsletter 205 -10/05/2019
to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from
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Government braces for reaction to pension bill
PoliticsGreek Politicsto the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income
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ELSTAT publishes data on bankruptcies since 2004, showing deterioration during crisis
Economy, an average of 1,061 bankruptcy petitions were filed per year in the 2004-2014 period with the highest... million euros, while the number of employees with claims on them amounted to an average of 1,265 per... compared to the pre-crisis period. The average number of claim verifications rose to 183 per annum
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SETE study presents short- and longer-term prospects of Greek tourism
EconomyMacroeconomy, reflecting a slight increase in the average expenditure per trip from 580 euros in 2015 to 582 euros in 2016. SETE points out that the average expenditure per trip has recorded a notable drop... from FYROM and Bulgaria, where the average spending per trip stands at 82 and 103 euros
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Eighteen core goods led exports during crisis, NBG study notes
EconomyFeatures, increased their GDP contribution three times over during the crisis period, rising from 0.04 percent per annum in the pre-crisis years to 0.12 percent per annum during the crisis, or a cumulative contribution... percent during the crisis period, from 0.34 percent per annum pre-crisis to 0.08 percent per annum
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PWC report finds Greek fire damage above average despite lower incidence
Society, Greece had below the average number of fires per 1,000 hectares of non-urban land but the largest area burnt per forest fire, at 27.94 hectares compared to an average of 11.42. The majority of fires... the average burnt hectares per fire. In contrast, Portugal suffers from more frequent fires
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesaveraged 28.5 euros per MWh, and was the lowest in the past four years. This puts it 15.14 euros per MWh... euros per MWh. Lignite is by far the costliest fuel in the Greek electricity mix at present. A 2014 study commissioned by PPC found that Greek lignite generation cost around 60 euros per MWh, a figure
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