Search
-
Government opts for modest tax relief, but who will benefit?
EconomyFeaturesbirth rates. The figures are evidence that in government New Democracy has had to cut its coat... percent to 9 percent for the first 10,000 euros of income. Marginal rates on earnings above 20,000 euros... by cuts in the marginal tax rates. For salary earners and pensioners, the biggest beneficiaries
5% -
EU's temporary framework for state aid in response to Covid-19 outbreak
Legal. Subsidized public loans to companies, i.e. loans with favorable interest rates to help businesses... Terms (subsidized interest rates) Another important tool under the Temporary Framework are the support measures in regard to subsidized interest rates for state loans: These loans must be granted
5% -
Stock taking: Where is the Greek economy now?
Agoraor to repatriate them to Greece. If the newspapers are to be believed, these musings include special tax rates... Greek against another with differential tax rates, etc. Not once have we heard that the politics..., and up into the first quarter of 2020, the interest rates on Greek funding dropped considerably
5% -
Where is Odysseus? Part 2 - Uncertainty
Agora, the First Demographic Transition began 200 years ago with the drop in death rates (better health care, better homes, better hygiene, better economies, etc.). In the wake of this drop in death rates, fertility rates started falling as well. Then, fertility rates dropped below the replacement rate
5% -
Rising bond yields a concern, but not an immediate fiscal problem
Economy2022, and inflation rates started to rise, the markets started paying attention to the fact... and it has started to seem certain that central banks will raise interest rates. Following last week's announcement by the ECB that interest rates would be raised by up to a total of 75 basis points in July
5% -
Bank tax proposal spearheads PASOK attack on government's economic policy
Economyand lending rates, without making any legislative interventions. PASOK’s proposal, which was tabled... system and instead are being exploited through high charges, low rates on deposits, a wide interest... across the sector, which favours their business decision to keep rates on deposits low as they do
5% -
Greece lays out plans for debt relief from eurozone
EconomyProgramme. The remainder is post-PSI GGBs with favourable interest rates and repayment of principle from 2023... rates on GLF, including a conversion of floating to constant rates. The government’s assessment... scenarios, involve constant rates - or a combination of floating and constant rates - over the next
5% -
Cost of Greek corporate loans rises in April, remains well above euro average
EconomyMacroeconomy(the difference between the average loan and deposit rates) has widened to 4.13 percent from 3.70..., where rates rose by more than 100 bps month on month to 6.64 percent. This specific category shows the most volatile performance, with interest rates moving significantly up or down each month
5% -
What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeincluded a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while.... Although VAT rates remained broadly stable, the key changes relate to reshuffling of products... in a rise in their retail price by 8.8 percent, assuming that new rates are passed on in total to retail
5% -
New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls
EconomyMacroeconomythe four systemic banks’ decision to reduce interest rates amid capital controls, since they dominate... noted last month, it would be reasonable to assume that a similar trend on rates and flows among.... Although Greek time deposit rates fell markedly in the past couple of months, they still remain 50
5%