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ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politics, pointing to the 10 percent reduction in ENFIA for properties worth more than 1 million euros. SYRIZA submitted an amendment proposing no reduction for properties worth more than 500,000 euros. The cuts... of taxpayers own properties worth more than 1 million euros. Vesyropoulos gave examples of how much
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Overdue social security contributions decrease slightly to 35.11 bln in Q2
EconomyMacroeconomycontinuous quarter. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros... less than 15,000 euros each for an aggregate amount of 3.85 billion euros (11 percent of the total... in Q2 from 312.3 million in Q1. The current quarter’s figure is 50 percent lower than
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
PoliticsGreek Politicsthan being included in the 2020 budget being drafted by the Finance Ministry. One of the most...’ reservations) at around 8,500 euros, and the income tax rate for those earning less than 10,000 euros... than expected on reducing the ENFIA property tax by an average of 22 percent for homeowners. Mitsotakis
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SYRIZA targets broader appeal as ND focuses on next bills
PoliticsGreek Politics, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large, progressive... much. The party currently has far fewer registered members than New Democracy and Tsipras aims... of power, rather than to be based around a narrower left-wing ideology. “SYRIZA is the large
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S&P raises Greek rating to 'BB-' on reduced fiscal risks, lifting of capital controls
Economygovernment debt represents less than 20 percent of total debt, or less than 40 percent of GDP. Additionally... is the portion of permanent jobs in the labour market as since 2018 and into 2019 more than half..., if reforms implementation stalls and economic growth is significantly lower than anticipated then the outlook
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Spree of media deals puts spotlight back on ownership issues
SocietyUCITS, which are themselves subject to shareholder concentration rules, rather than to privately held... to be lower in Greece than in pretty much any country in the world. A 2018 Pew Research report found that fewer than one in five Greeks trusts the domestic news media to report political news fairly
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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politics. In fact, lower income tax rates are due to kick in from January 1. Individuals earning less than 20,000... cut to social security contributions in 2021, e.g. by 3 points rather than the 1.09 percentage points... reduction in 2022, rather than 2023 as previously planned. Another intervention on the cards
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PM trails switch in tax cuts, admits misstep in approach to migration
PoliticsGreek Politicsthat reducing social security contributions faster than planned would be more useful for businesses. According... the expulsion of arrivals who are economic migrants rather than refugees. “We have no obligation to accept... to envisage last summer, rather than to address any other failings on ND’s part. “If I knew six
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Poll shows support for ND in several policy areas as pension bill debate heats up
PoliticsGreek Politicsand freelancers would have to pay under the new system would be higher than under the scheme... than the current 60 percent, someone who is insured for one job will not have to pay a second set... on 4 pct. More than half (51 to 56 pct) of the respondents were pleased with the government’s
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Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern
EconomyProgrammelower than the target. The under-execution of the PIB is an ongoing concern, and the Commission notes... a sizeable cash buffer of more than 23 billion euros that covers more than two years of financing needs... by more than 30 billion, using 12 billion euros of state guarantees, still leaving banks
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