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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturessince 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had... price to meet the “golden visa” threshold and then returning a portion of the funds to the buyer.... When Latvia raised the minimum investment threshold and introduced tougher security and money
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economy, surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10... on the current tax-free threshold, a single and unskilled worker on the new minimum wage will cost... 300 euros. The Greek government has pre-legislated that come 2020 the tax-free threshold
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Government and banks reach deal over new scheme to protect main homes
EconomyProgrammegovernment officials on Thursday night. The agreement means that the protection threshold in terms... will be able to apply. This threshold will increase to 21,000 for couples, with 5,000 euros being... percent threshold. The lenders will also be able to extend the repayment period to 25 years
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Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeby the borrower should be no more than double the threshold for the primary residence i.e. 500,000 euros. Naftemporiki’s report suggests that this threshold may drop dramatically to be in line with the 130,000-euro threshold for the residual mortgage. The other issue that has to be resolved is whether borrowers
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Tsipras steps in to limit damage, Mitsotakis eyes tax cuts and fiscal targets
PoliticsGreek Politicsthe cancellation of the reduction of the tax-free threshold, which was due to be confirmed in a vote on Friday... it has committed to not lowering the tax-free threshold next year. Over the last few weeks... of the tax-free threshold would not be brought back through the “back door.” Instead, he argued
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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek Politicswith keeping the tax-free threshold at its current level, which is up to around 8,600 euros. Given... tax, even if they are above the threshold. The government also plans to reduce the top rate... threshold by 1,000 euros for every dependant child and introducing incentives for investors, some of which
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsof their income by card or electronically in order to qualify for the tax-free threshold. It remains... has minimal impact on growth. SYRIZA also claims that the higher threshold for electronic transactions cancels out the tax-free threshold for low-income taxpayers as once rent/mortgage payments
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Newsletter 223 -11/10/2019
or electronically in order to qualify for the tax-free threshold. It remains to be seen if Greece’s lenders see.... SYRIZA also claims that the higher threshold for electronic transactions cancels out the tax-free threshold for low-income taxpayers as once rent/mortgage payments and utility bills (which do not count
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Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
PoliticsGreek Politics. It should be noted that the bill also paves the way for a 1,000-euro in the tax-free threshold for incomes... for a broadening of the tax base through a reduction in the tax-free threshold, arguing that too few... or other electronic payments) in order to qualify for the tax-free threshold. Responding
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Government opts for modest tax relief, but who will benefit?
EconomyFeatures. In keeping with its pre-election promises, the government has maintained the basic tax-free threshold... of tax relief. However, with the tax-free threshold holding at 8,636 euros for a childless household... and with earnings above the threshold could pay between 30 and 47 euros less tax annually thanks
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