Search
-
Retail sector re-opens as govt examines further support for businesses
PoliticsGreek Politicsmeasures for companies and employees are due to be rolled out in February in an effort to continue supporting those who are affected by the pandemic. The SYN-ERGASIA employment subsidy programme has.... Nevertheless, Development Minister Adonis Georgiadis assures owners that the support measures such as lower
2% -
Mitsotakis lays out confidence-boosting roadmap to end of term
PoliticsGreek Politicsdenials of the rumours. The prime minister has insisted that he wants the government to complete... cabinet colleagues of the measures already taken to boost incomes, which he described as the New Democracy government’s top priority. He conceded that the measures “do not cover all the price hikes
2% -
SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008
Economythird of its 2008 levels. Although the decline slowed in 2013, there has not yet been a recovery... to the Small Business Act for Europe (SBA), which comprises a set of policy measures organised around 10... the benefit of improvements. Since 2008, the greatest time lag between the implementation of measures
2% -
Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomythat the hike in the VAT rate has a direct positive impact on VAT revenues by at least 350 million euros, whilst the negative effects will only be temporary. The ministry also stressed that all other measures... in the measures suggested by the Finance Ministry (MoF) in an effort to bridge the fiscal gap of 2.5 billion euros
2% -
Commission sees political uncertainty hurting recovery, growth reaching 2.5 pct in 2015
Economyimplementation of Economic Adjustment Programme (EAP) commitments, the EC has lowered its GDP growth estimates... targets and complete the fifth review, further measures need to be taken on top of those foreseen... in the beginning of the year reflecting uncertainty on the implementation of the budget measures
2% -
So far and yet so near for Greece and eurozone after second abortive Eurogroup
PoliticsGreek Politicsat home otherwise. While the Greek government has indicated it is willing to produce primary surpluses... debt relief measures for Greece. The Eurogroup draft also refers to Greece requesting a “six months... it will not perform any unilateral moves or roll back the measures that have passed in recent years
2% -
Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammeFriday’s Eurogroup agreement has increased the pressure on the government to make savings... to tobacco smuggling are estimated at 800 million euros, while measures targeting their illegal trade could... percent of GDP in 2015 is feasible without additional measures. He also stressed that “when you have
2% -
Greece sends reform list to creditors, here's an outline of what it's likely to contain
PoliticsGreek Politicsagreements. The government has also indicated its aim to increase the minimum wage in the private... measures that were included in the first pillar of the Thessaloniki programme that aim to confront the humanitarian crisis. The cost of those measures was initially estimated by SYRIZA at 1.86 billion
2% -
Alexis's choice
Agoraand the anxiety of the last few months has not been in vain. However, while the party may accept some of the measures – even the creation of a single VAT rate of around 18 percent for almost all goods... to do it will depend on the content of the agreement. If most of the measures agreed are seen
2% -
Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammeabove 500,000 euros has been abolished. Pensions Greece accepts the full implementation of the 2010..., there were a number of differences mainly in the VAT, pensions, fiscal structural measures and labour... structural measures The government accepts the lenders’ proposal for an increase in the advance payment
2%