Search
-
Newsletter 173 -07/09/2018
and middle class. In a live interview with Alpha TV on Tuesday night, Mitsotakis sketched out the plans he... made by the conservative chief was his intention to lower social security contributions for all...) to 88.6 billion, 1.6 billion lower than the target of 90.2 billion. The total volume of NPLs
10% -
Newsletter 242 -06/03/2020
of European indifference on the migrant issue. In an interview to Mega TV on Monday evening, Tsipras... that it expects Greece’s economy to grow by 2.54 percent this year under the baseline scenario, lower than... would lower average global growth to 1.5 percent. In this context, the HFC warned
10% -
Lowest income groups in Greece saw wages drop and taxes rise most during crisis
Societypreviously evaded tax. As many lower- to mid-income groups were required to pay tax for the first time, often on incomes that had remained unchanged to were lower than before, “resulting discontent stoked...Lower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012
10% -
Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomyto date outperformance of primary surplus by 542 million reflects lower expenditure (by 3.11 billion), higher Public Investment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than... to be paid by July, whilst this year less than half of taxpayers were due to pay after the extension
10% -
Where things stand on the Greek pension reform proposals
EconomyProgrammepension is lower than that paid out, the difference will continue to be paid to the pensioner until... methodology for calculating pensions benefits those with low wages and working years. It results in lower... not reached any agreement so far. Farmers would also have to pay higher contributions, which would almost
10% -
Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammehas to be lowered to 7-8,000 euros, while the government has counter-proposed a lower drop to around 8,500-9,000 euros. Since the rate of the first tax bracket stands at 22 percent, a lower tax-free... have to pay an additional annual tax of 300 euros. We understand that the tax-free threshold
10% -
Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomybillion mainly reflecting strong underspend as primary expenditure came in 2 billion lower than target... of nearly 4.6 billion. September is a crucial month for revenues, as taxpayers would have to pay... figure also increased by 4.1 percent to 22.32 billion, still remaining 2 billion lower than target
10% -
After Article IV consultations IMF says challenges remain, substantial debt relief is needed
EconomyProgrammeof policies is required over the medium term meaning lower pensions on one hand and more fair distribution... to the eurozone average which stands way lower at 8 percent. IMF says that a reduction in tax as well as social contribution rates coupled with lower tax credit and elimination of tax exemptions that benefit
10% -
Tight schedule to approve multi-bill, tick off remaining milestones
EconomyProgramme. The milestone called for the scrapping of the lower minimum contribution base for owners of tourism accommodation, repealing all exemptions that allowed for lower health contributions and downward revision...) is abolished and they should pay contributions corresponding to 20 percent of their income as of 2017
10% -
Greeks deeply affected by crisis and least satisfied with life, EBRD study finds
Society, a figure lower than that in Moldova (24 percent), Ukraine (26.1 percent) and Armenia (30.5... in their country was better in 2016 than four years prior to the survey. Greece’s figures are radically lower than...). Interestingly, over two in five (43 and 42 percent) of respondents said they were prepared to pay more in tax
10%