Search
-
Newsletter 205 -10/05/2019
rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT rate applied in the food.... For pensioners earning more than 1,000 euros, the rate will be 30 percent. Achtsioglou said... by 1.1 percent last year. The rate is seen as rising by 1.3 percent in 2019 and by 1.2 percent
12% -
Where is Odysseus? Part 4 - Unemployment and Employment
Agora. We can first consider how the economy may transition from today’s high (cyclical) unemployment rate to a more “natural (structural) unemployment rate” in the steady state. Once we have a path... economy, when left to its own devices, will normally cycle around an unemployment rate that is fairly
12% -
Newsletter 24 - 24/04/2015
interest rate by comparing it to that currently offered by commercial banks. The legislative decree... of the rate of withdrawals by depositors. Finance Minister Yanis Varoufakis attempted to put a brave face... in January. February’s rate was the ninth negative reading since the beginning of 2014. The decline
12% -
Coalition not ditching referendum idea from policy options but details muddled
PoliticsGreek PoliticsAs much as it tries, the Greek government cannot escape the issue of if it will consider holding... holding a referendum on whatever is agreed by June “would not be a bad idea” as it would ensure... creditors would be willing to accept. In 2011, when George Papandreou suggested holding a vote
11% -
Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policymay become a holding pen for refugees and migrants. However, the increasing isolation of Greece over... is holding with Western Balkan countries in Vienna on Wednesday was a serious blow and has raised..., for holding up the deployment of the NATO reaction force. It may be just a question of time before
11% -
PM seeks to douse snap election talk, points to October polls
PoliticsGreek PoliticsAmid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap... reports suggesting that Tsipras is leaning towards holding out until October for general elections... but some commentators have suggested that this would also facilitate the holding of national
11% -
Greece lays out plans for debt relief from eurozone
EconomyProgrammerate on the first programme’s bilateral loans (the so-called Greek Loan Facility – GLF) of 52.9... also takes into account a potential significant rise in the Euribor rate (currently at 0.34 percent) in the next years. That said, a conversion of GLF interest rate from its current level of Euribor plus
11% -
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
EconomyMacroeconomyhas experienced negative growth since the third quarter of 2008 but the rate of decline... stable YoY in Q2 after a marginal drop of 0.1 percent in Q1. The Q2 rate of zero percent is the first... in exports of services, at a double-digit rate for the second straight quarter, is mainly attributed
11% -
Samaras sets out New Democracy's plans for growth
Economythat this growth rate target does not incorporate any positive contribution from the rest of the economy...) work force of 4.83 million, implying that unemployment rate would fall to 9.8 percent by 2021 from its current level of 25.8 percent. The targeted jobless rate in 2021 is similar to that recorded in 2009
11% -
Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeimportant revenue sources relate to an increase in the basic VAT rate from 23 to 24 percent...) and on hotel and rent rooms’ occupancy (as of 2018), while the tax rate on Gross Gaming Revenues (GGR... rate of expenditure cuts. If the primary surplus is off track by more than 0.25 percent of GDP
11%