Search
-
Extra taxation did not increase revenues in 2017
EconomyFeaturescontribution this year compared to last year, though the average amount payable has declined year-on-year... amount from tax measures increased to 5.12 billion from 3.06 billion in 2016, according to a report... advanced payment of tax for the year, and for those on high incomes. These measures were anticipated
2% -
Lenders focus on closing any fiscal gap for 2019 ahead of November 19 Eurogroup
EconomyProgrammeat 766 million euros in the draft budget and it has been suggested that the Finance Ministry might have to cancel some of these measures or find other savings in order to satisfy the lenders that Greece... percent next year and for the dividend tax to drop from 15 to 10 percent. Both of these measures
2% -
Study casts light on unusual export profile, identifies areas for improvement
EconomyFeaturesA study by the Dianeosis thinktank has shown that Greece’s export sector is hampered by public administration, structural barriers and introversion, and recommended several measures for both policy... while Greece’s stood at 3.1 percent. Barriers The report found that despite various measures during
2% -
ND sees first tax cuts as fair, hopes to build case for lower fiscal targets
PoliticsGreek Politicsin a few weeks. SYRIZA, which had introduced an ENFIA reduction of its own before the elections, has... to highlight that its relief measures were more targeted towards those on lower incomes than... will be protected from forced payment measures. Mitsotakis on surpluses On his first official visit
2% -
ND moves on to next bill after first round of tax cuts approved
PoliticsGreek Politicsto SYRIZA’s plan to cut ENFIA, “not a single euro of relief has been applied to properties worth... in his speech, emphasising the audience that ND is trying to reach with the measures passed on Tuesday... and ultra-nationalist Greek Solution. Polakis The relatively low-key discussion over the tax measures
2% -
PBO highlights budget, recovery risks in latest report
EconomyMacroeconomyyears has the support of all political parties and is a reasonable request for Greece to make... to the expansionary measures that the SYRIZA government legislated in the run up to the European Parliament... of GDP and the total cost of the expansionary measures was estimated at 0.55 percent of GDP, hence
2% -
Government gets back to work with shuttle diplomacy and legislation
PoliticsGreek Politicsof the commitment to deliver a 3.5 percent primary surplus up until 2022. Although his government has made clear... to argue that this year’s surplus target is not at risk, despite spending measures by the previous... later in the autumn will also be key to determine the scope for any further measures.
2% -
Greece braces for recession, hopes to bounce back from summer onwards
Economy, for example, the traffic at Athens International Airport has dropped by 72 pct. The cost of the crisis... next month. However, the Finance Ministry is concerned about the impact of the support measures... scenario. Scope Ratings, which expected growth of 2.3 pct this year, assumes that the support measures
2% -
Covid-19 effects spread across number of sectors
EconomyFeatureslikely to be affected are tourism, retail and transport among others. The tourism industry has..., the Hellenic Chamber of Hotels (HCH) is calling for measures to get the industry through the current crisis. These include liquidity measures, long-term bank loan arrangements, employment subsidies
2% -
Unemployment drops to 16.8 pct in July
EconomyMacroeconomy. This age group also has the highest overall unemployment rate at 37.8 percent. Regionally... that in light of the coronavirus pandemic and mass layoffs which resulted from lockdown measures, they were... that the pandemic had caused disruptions in their data collection measures, and therefore monthly
2%