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Govt brings energy saving to forefront as cost of support set to skyrocket
PoliticsGreek Politicsministers set to meet on September 9 to discuss bloc-wide interventions, the government in Athens... leading up to the TIF announcements, however energy is set to absorb the lion’s share of spending. Finance Minister Christos Staïkouras put the total amount earmarked for this year at 10 billion euros
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New overdue taxes rise by 599 mln in April, total stock continues to grow
EconomyMacroeconomyof the total figure for new tax, or around 3.67 billion, stems from tax categories. The remainder is related.... The total number of tax debtors declined month-on-month for a third consecutive month, and fell by 41,965 in April. The decline in March was higher at 56,432. The total figure for debtors came to over 3.8
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New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
EconomyMacroeconomyfor the same period last year by 54.5 percent. In January, the total came to 776 million euros. New unpaid... of the total figure for new tax, or roughly 2.04 billion, stems from tax categories. The remainder is related.... The total number of tax debtors fell by 118,424 month-on-month in February, after a rise of 59,447 noted
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Athens set to profit from falling borrowing costs as yields drop ahead of review completion
EconomyFeatures. The transaction included a switch and tender offer of the 5-year bond issued in April 2014 for a total amount... the yield reached 4.625 percent. The transaction settled at the end of July and total offers exceeded 6.25.... The Finance Ministry intends to have a total cash buffer of around 12 billion euros as a safety
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New overdue taxes up by 776 mln in March, total stock at 101.44 bln
EconomyMacroeconomypercent of the total figure for new tax, or around 3.31 billion, stems from tax categories... month in the first quarter of 2018, another 1.19 billion of taxes went unpaid. The total number of tax debtors fell again in March by 56,432 after declining notably in February by 143,036. The total
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New overdue taxes jump by 1.4 bln in Sept, with total stock exceeding 104 bln
EconomyMacroeconomymillion euros of ENFIA were paid out of 1.25 billion due. Around 78.7 percent of the total figure..., another 870 million in taxes went unpaid according to the latest data from the IAPR. The total... when the rise stood at 410,322. Total debtors now stand at 4.3 million. The total for legacy tax
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New overdue taxes rise by 857 mln in November, total legacy and new debt at 105.5 bln
EconomyMacroeconomyof 2.49 billion due. Around 81.9 percent of the total figure for new tax, or roughly 7.94 billion, stems... according to the latest data from the IAPR. The total number of tax debtors rose by 1,093 month-on-month in November, after a decline of 113,016 noted in the previous month. Total debtors now stand
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Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
EconomyMinister Christos Staikouras set out the latest measures on Monday. Some are new interventions, others... will also be available for up to 700,000 self-employed and freelancers, or 75 pct of total non-salaried... workers in total for 45 days. He added that the addition of more types of activities, or tax codes
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Greek banks set for early ELA return in apparent precautionary move
Economyfollowing deposit outflows of 3 billion euros in December, a process which is continuing in January, as well as the much higher participation of Greek banks in T-Bill auctions (3 billion euros), as foreign... amount of state guarantees was set at a maximum of 23 billion euros and that threshold was later
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Second post-MoU review set to begin as Athens eyes return to bond markets
EconomyProgrammewill be in place by then. Reports suggest the level of protection for primary residences is set to fall... falling yields for 5-year notes, which reached close to 3 percent last week, have apparently swayed things. Reports suggest that the PDMA will be aiming to raise anywhere between 1.5 and 3 billion euros
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