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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgrammerelates to the solidarity levy rates, which currently range between 1.4 percent and 8 percent, starting... euros (4.3 percent of GDP) from the following interventions: 1) Increase in the solidarity levy rates (314 million) 2) Increase in the tax rates on income from rents (142 million) 3) Increase in the tax
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammereplacement rates. Replacement rates start from 0.77 percent for the first 15 years up to 2 percent... for 40 years. The replacement rates included in today's bill stand up to 3.9 percentage points lower... income tax scale is applied for salary-earners, pensioners, self-employed and farmers. The new tax rates
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammetax scale includes four rates ranging from 22 percent for annual incomes up to 22,000 euros to 45... rates applied to the total income) will be replaced by a new progressive scale. Its rates will range... Ministry noted that the combined impact from the new income tax and solidarity levy tax rates would
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IMF sets out stall ahead of crucial Eurogroup by proposing immediate debt relief
EconomyProgrammewould benefit from low ESM interest rates for a longer period. 3) Fixed interest rate for an extended period not exceeding 1.5 percent until 2040 by locking rates for EFSF and ESM loans at the current long-term market rates and eliminating the spreads currently applied on GLF loans. The report notes
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Where is Odysseus? Part 3 - Participation
Agorafemale PRs in the EU27). It is difficult to make a normative case for participation rates: a higher...! How can Greek workers working less (lower participation rates) be reconciled with Greek workers... such a big boom in the scenarios. There is no problem with a variety of participation rates
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Newsletter 366 - 20/01/2023
rates spreads across economyThe challenging monetary policy and global economic environment that Greece has to contend with is reflected in most interest rates, with the latest manifestation coming... the new rates incorporated. New loans have also become pricier, with the latest reported spread
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammecurrently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel... (excluding Crete) enjoy rates that are reduced by 30 percent and currently stand at 16, 9 and 5 percent... and services, replacing the current 13 and 23 percent rates. In case, customers use their credit or debit
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyreading since 2002. Loans The most marked movement in corporate lending rates was the sharp... percent for amounts above 1 million euros. The corporate lending rates in Greece stand around 200-300... for loans to sole proprietors eased 3 bps to 7.45 percent. The drop in the corporate lending rates
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomypercent, which is also the lowest since 2002. Loans The interest rates for corporate loans with a fixed... million euros. Following the downward trend in November, the corporate loan rates in the Greek market stand more than 250 bps above the euro area average rates. In the household lending sector
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Study finds contrasting trends in Greek health during crisis
Society, especially depression. However, there has been no increase in the murder rates. While deaths from... found that between 2010 and 2015 Greece continued to record a downward trend in the mortality rates... benefited more from these developments, while there have been no changes in mortality rates for people
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