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Talks on primary residences continue as bill proceeds through Parliament
EconomyProgrammeto be submitted to the House in the coming days. The secondary legislation will set out the details of the new... the institutions return to Athens on April 1. The aim is to agree on the details of the scheme ahead of the April 5 Eurgroup so eurozone finance ministers can give the green light for the disbursement of 970
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Athens gearing up for new bond issue amid favourable market conditions
EconomyProgrammeGreek authorities appear to be working in parallel on the two goals Athens has set following..., which also led to the activation of almost 1 billion euros in debt relief measures, has paved the way... is 5 percent, whereas we can now borrow with 3.4 percent [from the markets] and the ESM loans
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Newsletter 202 -12/04/2019
owes to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal... this week. Settling this issue will allow Athens to then set its sights on a new bond issue. The 10-year... on November 1. According to the agency’s plans, 120 inspectors will be tasked with going after debts
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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammedespite almost 1 billion euros in relief measures (VAT cuts and pension bonus) announced... will not be met. The issue is set to be addressed in more detail next month, with the European Commission due to publish its third enhanced surveillance report on June 5. The next Eurogroup is due
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Vote on tax bill due this week as ND pushes for adoption of first three draft laws
PoliticsGreek Politics60,000 euros, compared to the threshold of 100,000 euros set by the legislation voted in under... interest cut from 5 to 3 percent, and the minimum monthly instalment lowered from 30 euros to 20 euros... level, saving up to 1 billion euros, a cross-government spending review with a target of 400 million
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MPs to vote on changes to governing process as opposition hits out at ND
PoliticsGreek Politicsfrom September 1. However, since the previous government set September 30 the deadline... of the interest rate charged on unpaid social security contributions from 5 to 3 percent as part
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Fourth review talks conclude with fiscal differences remaining
EconomyProgrammeat the moment seeing a fiscal gap of 1 billion euros, or 0.5 percent of GDP, if the Greek..., the inclusion of the SMP and ANFA profits into the budget seems to be set aside at the moment... with an interest cost of almost 5 percent, with the intended budget saving at least 70 million euros. Other
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Newsletter 227 -08/11/2019
on the dividend tax from 10 to 5 percent for profits earned in 2019 and shared out in 2020. Reports also... over three years. The measures will be in place for 15 years and will be The government this week set... of the transfers will lead to the total number of refugees exceeding 1 percent of the local population in any
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesprofessionals also introduced in the 2011 tax package, brought in 386.3 million euros in 2017. Approximately 1... percent in 2021. Tax on dividends has been halved from 10 percent to 5 percent, at a total cost of 75... of modest family outings, but not to buy a new TV set. However, the government will be hoping
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Newsletter 234 -10/01/2020
. The possibility of Greece joining the US F-35 fighter jet programme was set to be one of the issues... points. The overall weighted average interest rate on new deposits dropped by 1 bps to 0.19 percent... increased by 5.2 percent. Month-on-month (MoM), the index dropped by 5 percent after a downwards
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