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  1. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    than 3 children and a monthly salary of 600-650 euros will now pay an annual tax of 100-200 euros from... reforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4... percent on internet connections and 10 percent on Pay TV. Increase in the tax rate for investment

    8%

  2. Tsipras, against all odds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    account at the International Monetary Fund to pay the Washington-based organisation and had drawn... away the intention to ask low-income pensioners who receive the special EKAS benefit to pay back... party leader, out of a total of eight. His approval ratings are at 27 percent, 16 points behind first

    8%

  3. Newsletter 90 - 30/09/2016

    Newsletters

    is a crucial month for revenue collection, since individuals are due to pay a total of more than 1.8... with the necessary funds to pay the first instalment of his bid by Monday’s deadline

    8%

  4. Budget primary surplus to Sept reaches 5.45 bln on strong revenue performance
    Photo by MacroPolis

    EconomyMacroeconomy

    be attributed to increased ENFIA revenues, since a number of taxpayers preferred to pay their tax obligation via credit cards, meaning that the state collected the whole amount upfront, while taxpayers will pay... in the 9-month period, 82 million lower than target. Overall, total expenditure slightly rose by 0.2

    8%

  5. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    to pay their ENFIA via credit card. This means that state collected the whole amount upfront, while taxpayers will pay (to the bank) their obligation in 9-12 monthly instalments. It should be noted... billion in the 9-month period, 82 million lower than target. Overall, total expenditure edged up

    8%

  6. Bank of Greece study finds one in six local firms is strategic defaulter
    Photo by MacroPolis

    EconomyMacroeconomy

    inability to pay. For the companies classified in the third category, the key criterion... their loans in one bank but did not pay their loan obligations to the other banks. The study revealed..., the share of strategic defaulters to total non-performing loans (NPLs) remained broadly stable over

    8%

  7. Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
    Photo by MacroPolis

    EconomyMacroeconomy

    to a quarter of employed men. Male employment makes up more than 53 percent of the total, or 1.11 million out of approximately 2.07 million workers. The data from EFKA shows that there is pay gap between men... was for just over 16 days and the average wage was 23 euros. The pay gap between men and women is evident

    8%

  8. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase by around 42.8 percent since 2010, while Greeks have seen their annual take‐home pay decline by 21... the total amount from tax measures rising to 5.12 billion from 3.06 billion in 2016. Criticism

    8%

  9. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale... a combined total of 253 million euros. This is still short of the reported fiscal gap

    8%

  10. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally... paid. The total cost is higher for married workers who have experience, with the social security

    8%