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  1. Tax and banks dominate government's thoughts amid opposition, public pressure
    Image: www.primeminister.gr

    PoliticsGreek Politics

    sentiment. Complaints about high bank charges, unattractive interest rates and low savings rates have been... of lower lending rates and charges. Tax levels The PM faces similar complications on the tax front due

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  2. Newsletter 445 - 13/12/2024

    Newsletters

    are high and they benefit from offering high interest rates for loans and low rates for deposits... tax on bank profits, reducing VAT on basic goods and reduction of borrowing rates, in line

    4%

  3. PM set on sharing out more economic benefits in bid to recover support
    Photo by MacroPolis

    PoliticsGreek Politics

    to bring down income tax rates, which Mitsotakis is aiming to present at the Thessaloniki International... rates to wages, while the other is based around bringing down the 22 pct rate that applies to incomes between 10,000 and 20,000 euros. The higher rates, 36 pct for incomes between 30,000 and 40,000 euros

    4%

  4. PM finalises relief measures in ambitious but risky move to sway voters
    Image: www.primeminister.gr

    PoliticsGreek Politics

    marginal rates for earners in the 40–50k band. Together, these adjustments are set to deliver annual... the elimination of the so-called “personal difference” surcharge for pensioners and reduced flat rates...), plus faster VAT refunds, expedited tax-clearance certificates and preferential interest rates

    4%

  5. Government hopes new affordable homes bill can help alleviate housing pressure
    Photo by MacroPolis

    PoliticsGreek Politics

    at rents that are significantly below market rates. The draft law allows the state to grant long-term... at 70 percent of market rates for ten years, after which tenants may buy at a capped price... historically boasted one of the highest homeownership rates in the EU, a legacy of postwar “self-help

    4%

  6. OECD report highlights stark contrasts in health system
    Photo by Natasha Pantazopoulou/Fosphotos

    Society

    complaints, one of the highest rates in the OECD. Greece continues to battle entrenched lifestyle risks. Daily smoking rates are alarmingly high - nearly one in four adults light up daily, with 31 pct of men... is relatively low at 6.6 litres per capita, and obesity rates are among the lowest in the OECD, with just

    4%

  7. EBRD reports highlights demographic headwinds Greece has to navigate
    Photo by MacroPolis

    Society

    between 2000 and 2023, unlike labor productivity and employment rates. Looking ahead, however... in place since 2013. Despite emigration rates for tertiary-educated individuals exceeding immigration rates, Greece has benefited from skilled net immigration. Technology, AI, and Labor Market

    4%

  8. It remains a mystery
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    rates was no longer available and the country was essentially facing bankruptcy. In the three years... as well as the reduction of interest rates in bilateral loans and the deferral of interest payments

    3%

  9. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    consolidations across the 17-nation bloc. Core countries refused to even leverage negative real interest rates... in an environment with a deflationary bias, with interest rates that historically have the tendency

    3%

  10. When will Greek banks operate as credit institutions again?
    Photo by Harry van Versendaal

    Agora

    of credit and affordable borrowing rates are handled in a very restrictive manner by domestic lenders. But it is not only the exorbitantly high interest rates for funding that serves like a millstone around

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