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New Democracy tax pledges put spotlight on available fiscal space
EconomyProgrammelegislated an average 10 percent cut in the property levy, which would have led to 265 million euros less.... This means that the fall in revenues will burden the 2020 budget. It is estimated that the cut... intention to reduce the top rate of income tax, which is currently 45 percent for anyone earning
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Newsletter 455 - 14/03/2025
, this will weaken its position even further. Ahead of Parliament voting to set up the inquiry.... Mitsotakis is hoping that the government can use the cabinet reshuffle as a type of “restart”, allowing... clause in the budget for defence spending provides an unexpected bonus by freeing up fiscal space to cut
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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
PoliticsGreek Politicsduring the election campaign and is aiming to table a bill before the end of July that will set out... that the tax bill, which is set to phase in 6 billion euros worth of tax cuts over three years, will be tabled... at cafes and restaurants, still carry the higher rate. The bill will also contain a set of measures
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PM looks for positive news amid growing voter despondency
PoliticsGreek Politicsmeeting is set to focus on the government’s track record of reform, which the PM hopes will remind... of OPEKEPE, the scandal-beset agricultural payments agency, digital transformation and initiatives to cut... is set to approve legislation establishing a Greek “AI factory” based on the Pharos supercomputer
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How Greek banks could cut 2014 financing gap with a bond rollover
Economythe respective minimum supervisory requirements set by the Bank of Greece from time to time. More
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Mitsotakis marks first year at ND helm by emphasising tax cut goals
PoliticsGreek Politicsif he could show greater ownership of such a scheme than previous administrations. When he set out his
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeon the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos
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Newsletter 37 - 31/07/2015
parties as many of the measures affect professional groups or types of voters that cut across party... December. Almost 70 percent of June withdrawals were in cash compared to 45 percent in May. At 122.23... definition of a growth strategy and investment agenda for Greece is subject to a set of economic conditions
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Newsletter 133
organisation’s demand for a new set of asset quality reviews (AQRs) to be conducted. The IMF has... finance minister could also play an important role in this process. Wolfgang Schaeuble is set to leave... the year that pensions have to be cut by 1 percent of GDP. The prospect of both of these measures being
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Newsletter 230 -29/11/2019
. The maximum tax discount was set at 19,200 euros in the first version of the bill, but in the one... the particular levy for a second time after an average 22 percent cut was included in its first tax... Minister Kyriakos Mitsotakis urged his ministers to keep up the pace set since New Democracy came to power
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