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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyof total. Of this amount, the Finance Ministry aims to collect revenues of at least one-third or 3... of this category stand at 2.3 billion, making up just 3 percent of the total amount. In contrast, 326,000... billion (97 percent of the total). The upper bracket, including those who owe more than 1 million each
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesand their practical feasibility. Tax base A total 8,907,722 individuals declared income in the tax year 2017... an increase of 7 percent in the number of declarations over 2012. However, total taxable income fell... on an individual basis fell from 11,500 euros in 2012 to 9,015 in 2017, a drop of 22 percent. Total income tax
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over... that this was not the major intervention in public sector pay that SYRIZA had hoped to make “but it stops... pay increases. The government has failed to convince the public sector workers’ union ADEDY that its
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ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesor 54 percent of the total value of all payments. Cards were used in 19 percent of cases, or 39 percent of the total value paid at a POS. But this trend was not consistent, with significant... other country surveyed to pay electricity bills in cash (56 percent). Around 85 percent of Greeks
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Newsletter 395 - 29/09/2023
for the offer of 1.9 euros/share, with the share price currently trading at 1.47 euros/share and its total... participation to almost full ownership at 98.6 pct holding. As HFSF opted to sit out the subsequent capital increases, its share was substantially diluted, essentially losing its entire holding
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State braces for losses as bank divestment plan is put into action
EconomyBankingat 1.47 euros/share and its total market cap is roughly 5.4 billion euros. Its legal framework... of state capital, which pushed up state participation to almost full ownership at 98.6 pct holding. As HFSF... losing its entire holding in Eurobank, and its stake fell from 95.23 pct in the end of 2013
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Newsletter 59 - 22/01/2016
their total tax and SSC burden to more than 80 percent of their net income. A joint committee... market value. HRADF said the total value of the transaction would reach 1.5 billion, when revenues...-payment of tax means that some self-employed professions will have to pay more than 80 percent
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Newsletter 19 - 13/03/2015
of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute... expense for Greek banks on an annual basis. On top of that, Greek banks have to pay a fee of 1.4
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Greeks graduating after 2011 encountered limited opportunities, low pay
SocietyA report by the Foundation for Economic and Industrial Research (IOBE) has revealed that graduates in Greece after 2011 were twice as likely to be unemployed as graduates in the overall working-age population, and that the majority of them earned salari...
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyon the sidelines of NATO Summit, in London in early December. Libya concerns Athens is also closely monitoring Turkey’s efforts to enhance and stabilise its presence in Libya, supporting the UN-recognised government in Tripoli. According to press reports, Turkey maintains five frigates closely to Libya
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