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  1. Newsletter 278 -14/12/2020

    Newsletters

    quarter and by 2.7 percent compared to the same quarter of the previous year. Τhe number of persons... of economically inactive, i.e. the persons who are neither working nor looking for a job, amounted

    3%

  2. Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , the percentage of persons aged 20-64 available to work but not seeking is decreased compared... by 8.2 percent. Part-time employment amounts to 8.2 percent, while the share of persons

    3%

  3. Where is Odysseus? Part 1 - Demographics

    Agora

    for persons between 15-65, with <15 being youth and >65 being elderly. But experience shows..., the drop averages between 0.4 and 0.8 percent a year. Since labor availability in persons originates

    3%

  4. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the personal income tax credit for medical expenses (121 million), scrapping of the tax credit of 1.5.... Specifically, the measures to reduce the tax burden include a cut in the lowest personal income tax... for the targeted cuts. The first involves full elimination of the so-called “personal difference” that would

    3%

  5. Parties' competing tax pledges come up against challenging reality

    EconomyFeatures

    started at 45,000 euros. The competing programmes Three elements of personal income tax are being debated by the main parties: The tax-free threshold: This is effected through a personal tax credit... of the Supplementary MoU, the personal tax credit is due to be cut in 2020. However, both SYRIZA and New

    3%

  6. Greeks second biggest losers from economic crisis, says ECB

    Society

    The Irish, Greeks and Spanish lost more personal wealth than any other population in the eurozone... depreciation in the value of personal homes. During the same time frame, the Irish lost on average... to the start of 2015. Personal wealth also fell in Italy and Portugal, the two remaining members of the so

    3%

  7. Unpopular but effective property tax returns for another year

    EconomyMacroeconomy

    of personal income tax forms (E1) clearance, the process for the calculation of ENFIA has started.... Personal income tax Meanwhile, the final deadline for the submission of E1 forms expired on July 18... the clearance from the personal income tax stands at 3.35 billion euros. This includes tax credit

    3%

  8. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    , will, among other issues, focus on plans to reduce the tax-free threshold for personal incomes. In its... of the personal income tax base largely through a reduction in the tax-free threshold. This matter has... personal income tax compared to a eurozone average of just 8 percent. This leads the Fund to conclude

    3%

  9. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    was legislated last May and applies to personal incomes in 2016. According to reports, the government has... payers), who would not pay any personal income tax in 2016, would have to contribute as of 2019... the personal income tax credit (relative to the average wage) to the eurozone average, it could

    3%

  10. New overdue taxes climb 1.4 bln in Aug, total stock edges up to 91.6 bln

    EconomyMacroeconomy

    within August. It is worth noting that the second bi-monthly instalment of the personal income tax... to VAT, almost 400 million to personal income tax, 340.9 million to ENFIA and 191.3 million... in the 8-month period followed by VAT at 84.6 percent. On the flipside, personal income tax and ENFIA have

    3%