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Tax chief's departure brings coalition revenue plans under scrutiny
PoliticsGreek Politics, increased tax collection has also been coupled with an incessant pressure on Greek households to pay mounting debts to the state. A growing inability to pay taxes and social security contributions due... 2.5 million Greeks are failing to pay their taxes, with 4.3 billion euros of new debts being created
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomy-payment that stems from strategic default and those that are unable to pay. c) Target individuals... with zero income will not pay any instalments for their mortgage. Households with annual income up to 25,000 euros will have to pay 10 percent of their income to service their housing loan, while
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Greece's imminent funding problems: All the numbers you need
EconomyProgrammewilling participants in the issue or pay off those that decline to roll over, thereby creating... obligations in the last month of each quarter. Greece has also to pay in March more than 1 billion euros..., the Greek state has to pay in cash 2.61 billion euros in March, which could increase by over 800
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Newsletter 18 - 06/03/2015
billion to the IMF in four tranches, on March 6, 13, 16 and 20. In addition Greece has to pay 1.08 billion... role across the board. Varoufakis also caused raised eyebrows when he said he was against the pay... and that he opposes the granting of pay rises at this stage. The difference of opinion over the PPC
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Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage
EconomyProgrammemillion euros. Athens has to pay an additional 1.23 billion euros in the next two weeks in three tranches... that the state will just pay wages and pensions. We understand that this would increase again arrears... obligations. According to the proposed law, those who will pay their full principal amount until
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Newsletter 22 - 03/04/2015
a crucial week, during which it must raise a reported 750 million euros in a T-Bill issue and pay back... of the government are as confused as ever. At least two ministers have suggested that Greece might not pay the IMF... run out of money on April 9, when the IMF payment is due. If Greece does not pay the fund, managing
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Tsipras keeps IMF waiting, turns focus to MPs and opposition
PoliticsGreek Politicsshortly before the news broke that the government had asked not to pay the International Monetary... at the end of June. Like the prime minister’s speech on Friday afternoon, the decision not to pay the IMF... and minister have been advocating for the last few weeks that the government should not pay the IMF
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Newsletter 31 - 19/06/2015
for ECB funding – while banks also pay a fee to the Greek state corresponding to 1.1 percent... billion euros it has to pay to the International Monetary Fund at the end of the month. Revenues... years. Before the crisis began, more than 70 percent of the defence budget was used to pay staff
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More than half of Greek households rely mainly on pensions
Societyto pay an extraordinary bill or cost of 500 euros. Over half (52.9 percent) said they would only... in their tax payments, while only 16.4 percent of tax debtors had benefitted from the arrangement to pay...) believe they will be unable to pay their tax bills, with almost 15 percent saying they cannot afford
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Newsletter 68 - 01/04/2016
in the excise tax on fuel and natural gas, a rise in the levy on mobile telephony and pay TV, higher taxation... intends to pay state arrears of 7 billion euros to the private sector by the end of the year... it. Maybe this is the price Greece has to pay to ensure that its citizens’ democratic right
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