Search
-
Mitsotakis touts benefits of energy deals against backdrop of criticism
PoliticsGreek Politicsin the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s
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% -
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
5% -
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
5% -
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
5% -
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
5% -
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
5%