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Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy
Economyand of 2 pp to 35 percent for higher incomes. The government has reportedly proposed the introduction of a new tax rate of 45 percent for income from rents above 40,000 euros. The government has also
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Obstacles to centre-left alliance in Greek politics piling up
PoliticsGreek PoliticsPASOK leader Fofi Gennimata is set to begin touring the country to raise the profile of her party but has not given up hope of brokering an alliance with some of its rivals even though..., the Potami leader also has to deal with those within his party who are very sceptical of any cooperation
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Economic sentiment rebounds in March, consumer confidence nosedives
EconomyMacroeconomyof 75.2 in March 2009. It has improved by 14 points since its recent low of 76.1 last August. Consumer... points to -71.9 in March. This is the the lowest reading since September 2013. Consumer confidence has
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PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
EconomyMacroeconomyand external markets. Markit noted that total new work and new business from abroad has dropped... of operating conditions in the Greek manufacturing sector” although “the downturn has eased considerably
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Unemployment rate resumes upward trend to 24.4 pct in Jan
EconomyMacroeconomyin December. Over the last twelve months, SA employment has gained almost 60,000 jobs, while the jobless number has been slashed by 63,000. The unemployment rate among men and women was reduced by more
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Athens takes steps to mend fences with Balkan neighbours
PoliticsForeign Policyminister has not been active enough on issues relating to the refugee crisis. Kotzias announced during... to the refugee crisis. Other signs of a more proactive stance from Athens are that Kotzias has recently
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Poor conditions in Greece fail to deter refugees from wanting to continue journey
Societyin four camps has found. Only 13.5 percent said they would try to continue their journey..., a detailed survey of over 600 refugees has found. Of those who lost loved ones, just over
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PASOK and Potami seek common ground as Konstantopoulou prepares to return
PoliticsGreek Politics, on the other hand, has made it very clear it wants nothing to do with SYRIZA but Theodorakis is keener... but Konstantopoulou may prove more durable. She was a determined and dominant member of SYRIZA and has
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Club Med in Washington
Agora’s and Fitch). Only the Canada-based DBRS still has Portugal one notch above a junk rating. DBRS’s... Matteo Renzi has had to register a growing list of institutions in need of wholesale restructuring
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Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
EconomyFeatureselectronics market. The chain’s decline marks a general trend in the Greek electronics sector, which has... years, the consumer electronics sector has all but collapsed. For example, in December 2010, the year
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