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Labour database shows 8 in 10 workers earn less than 1,200 per month
Economythan 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11... of the share. In 2023, SMEs increased by roughly 3,300, with 2,505 coming from companies with up to 10... of employment is accounted for by companies with between 10 and 49 staff. This means that SMEs have a combined
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyGreece’s budget primary surplus rose by more than 29 percent to 2.72 billion euros in the 4-month...) final budget execution bulletin showed on Friday. The headline number is 339 million euros higher than... of the Public Investment Budget (PIB) revenues by a similar amount to 1.91 billion from 1.57 billion
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IMF distances itself from budget talks, leaving Athens and EU to hammer out deal
EconomyProgrammelenders to come to an arrangement over the 2019 budget. The Fund has gradually taken a backseat role in the negotiations over the budget and it is believed that when Finance Minister Euclid... year’s budget, even though the organisation would like to see the pension cuts, as well
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Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
EconomyMacroeconomyThe budget primary balance came to a surplus of 6.46 billion euros in the first 10 months of 2018, according to the preliminary budget execution bulletin for October published by the Finance Ministry... in the previous month. The balance a year ago was notably lower at 788 million euros. The budget balance
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Athens preparing to present budget plans to lenders after tax cut pledges
EconomyProgramme. The Finance Ministry has been working on the draft 2020 budget, which it has to submit to the European..., the reduction to the corporate tax rate will cost 600 million euros. Bringing dividends tax down from 10..., been collected so far. The government has already pointed out to the local media that budget revenues
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Mitsotakis in bid to "square the circle" in EU budget negotiations
PoliticsGreek Politicsin a special summit of European leaders aimed at reaching agreement on the EU’s seven-year budget for period... as “squaring the circle” between what looks set to be a shrunken budget and Greece’s stated aim to keep its... dissatisfaction with the allocation of funds within the budget, and in particular the reduction in funding
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyThe Finance Ministry tabled in Parliament on Monday the draft budget for 2021 in which the Greek... due to the pandemic. The draft budget also sees a bridging of the gap on the fiscal front, which... the pandemic’s impact. Despite the high degree of uncertainty, if these draft budget assumptions
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsposed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... that it is protecting public safety and has a chance to portray its opponents as reactionaries. Draft budget Away from the political coalface, the Finance Ministry is working on the budget for 2021, which is due
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Less than 10 pct of 99.97 bln overdue taxes deemed collectible by authorities
EconomyMacroeconomyeuros and under. Of the 4.2 million taxpayers with debts outstanding, around 525,000 owed up to 10 euros, over 337,000 owed between 10 and 50 euros and 1.3 million owed between 50 to 500 euros. The report... tax, authorities believe that just 9.8 billion, or under 10 percent, will be collectible. Of the 9.8
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Employment data for 2021 shows 88.3 pct of firms have up to 10 staff, 1 in 5 workers earns below 500 euros
Economyof 12,479. A portion of 88.3 pct employs between 1-10 staff, with another 10 pct of companies... 98 pct. The figures are in line with the 2020 data, when 88.5 pct of companies hired under 10 staff... that have between 10 and 49 employees. The second highest portion is almost 26 pct of private sector
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