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Payment plans for overdue debts launched as Athens looks for revenue boost
EconomyProgrammeto question Euclid Tsakalotos in more detail about the budget execution. It is worth noting... as much as 200 million euros in revenues by the end of the year. The electronic platform for settling... 2018. Indeed, the 2019 budget had already partially reversed some programme measures, including
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Newsletter 212 -28/06/2019
vote. This would require 200 votes in the new Parliament. Centre-left Movement for Change (KINAL) has... The budget primary balance recorded a surplus of 916 million euros in the first five months of 2019, compared to a surplus of 853 million noted in May 2018, the Finance Ministry’s (MoF) final budget
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Tracing the decline of the middle class as parties vie for its votes
EconomyFeaturesthose making between 75 percent and 200 percent of the national median disposable income – for Greece... Parliament’s budget committee in 2017 that burdening the middle classes, the self-employed, honest... to repay middle earners for propping up the budget in past years. However, data-based arguments
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The main economic challenges that will define the Mitsotakis reign
Agora-election pledges. Mitsotakis is banking on higher growth to boost budget revenues and hopes that through..., it will take time for this to be reflected in the budget and it is highly unlikely that any eurozone... exceeded half a billion euros, and in the first quarter of this year losses of more than 200 million were
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Mitsotakis takes growth message to Thessaloniki, keeps eye on bond profits
PoliticsGreek Politicsthe reaction of some unions and around 200 people protested outside the Labour Ministry in Athens on Tuesday... that these funds, which are due to reach 1.2 billion euros in 2020, should be recorded as budget... is that the bond profits cannot be used for budget purposes and change to this would require
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Newsletter 219 -13/09/2019
in the 2020 budget being drafted by the Finance Ministry. One of the most significant interventions... onwards to adopt these measures. The Finance Ministry is due to submit the draft 2020 budget... contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total
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Mitsotakis eyes Christmas handout, tries to rally support for diaspora vote proposal
PoliticsGreek Politicspicture is possible before the budget execution figures for October and November are available... is not going to be that relevant,” he said. The draft 2020 budget projects growth reaching 2.8 percent next... straight away. For this to happen, 200 out of 300 MPs must vote in favour. However, SYRIZA has already
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Pension bill to be unveiled as govt prepared for fifth post-MoU review
PoliticsGreek Politics). The aim is to conclude negotiations by the autumn in time for the 2021 budget. Kathimerini reported... an official request to the institutions to be allowed to transfer any excess budget surplus... years. In addition, auxiliary pensions will increase by between 5 and 200 euros, following the cuts
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Lenders set out key review issues as Athens tables proposals for fiscal space
EconomyProgrammeAuthority of Public Revenues (IAPR) and the public investment budget. It is reported... calculations. Finance Ministry officials estimate that 1.2 billion from the bond profits and 200 million... for over 2 billion euros of fiscal space in the 2021 budget and at least 400-500 million euros
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalwith an estimated budget, and will not benefit from the temporary framework if it is granted... from 25 bps to 200 bps. However, as an alternative, Member States may notify schemes, considering... operation, after state mandate, will receive compensation of 800 euros from the state budget
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