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ND mulls next tax cuts as it prepares to unveil new electoral law
PoliticsGreek Politicseuros per year are expected to pay 11 to 23 euros less in tax per month as a result of the reduced... representation system that will award a bonus to the winning party. Unlike the existing system, which... to use a sliding scale so the bonus is linked to the winning party’s performance. “We can’t have
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Domestic pressure over refugee crisis building for Tsipras
PoliticsForeign Policymay become a holding pen for refugees and migrants. However, the increasing isolation of Greece over... is holding with Western Balkan countries in Vienna on Wednesday was a serious blow and has raised..., for holding up the deployment of the NATO reaction force. It may be just a question of time before
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PM seeks to douse snap election talk, points to October polls
PoliticsGreek PoliticsAmid growing speculation that Alexis Tsipras is thinking of rejecting the option of holding snap... reports suggesting that Tsipras is leaning towards holding out until October for general elections... but some commentators have suggested that this would also facilitate the holding of national
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Greek banks eye positive market appetite for bad loan sales
EconomyBankinga holding company. In Piraeus Bank’s preliminary summary ahead of their full 2019 results, the bank... as forthcoming legislative reforms. Alpha Alpha Bank is also holding roadshows in Paris and London this week... will be transformed into a holding company with a transformation date of June 30, 2019. The results
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Newsletter 59 - 22/01/2016
-payment of tax means that some self-employed professions will have to pay more than 80 percent.... The next privatisation projects include the submission of binding bids for the full sale of rail... having adopted the bailout and agreed to implement it, appears to be having a binding effect. Tsipras
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BoG awaits go-ahead from DG Comp over NPL scheme
EconomyBankingin DTCs as a cushion. This effectively means that they pay 9 billion euros for debt with a nominal value... in Greece. Also during June, Eurobank announced that it had entered into a binding agreement with PIMCO’s... make up the portfolio, with 40 percent of the properties located in Athens. Non-binding bids
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Tsipras stakes claim for election win despite discouraging poll data
PoliticsGreek Politics. On Tuesday, the New Democracy leader announced that pensioners who did not benefit from a retirement pay..., negating the need for a second ballot where the winning party would be boosted by a 50-seat bonus. Tsipras..., behind ND. The winning party would need around 44 pct of the vote for a clear majority. None
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A Greek proposal that deserves to be heard
Agorato pay the principal for another decade. EFSF loans have an average maturity of over 30 years... review, 1.8 billion is actually SMP profits to be disbursed. The profits from the total SMP holdings... the established procedure of profits return, just for the entire SMP holdings. The IMF has not only already
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomyor 2.4 million of taxpayers will pay less ENFIA in 2016 than in 2015, while 35 percent or 2.5 million taxpayers will pay exactly the same amount. In addition, 21 percent or 1.5 million will have to pay a slightly higher amount up to 10 euros compared to last year. This means the vast majority
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Mandatory e-payments come into force as Greece seeks to boost card use further
EconomyFeatures, but businesses did not match this with the means to pay electronically. To counter this, in April... the arrangements necessary for customers to pay electronically as well as by cash. The move targets sectors where..., Mastercard, Maestro and Union Pay. They are also required to make mandatory payments to legally licensed
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