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  1. Athens hopeful release of 970 mln will be approved at Friday's Eurogroup
    Photo via Fosphotos

    EconomyProgramme

    and ensure that an agreement can be reached ahead of the April 5 Eurogroup,” Breidthardt said during... completed its prior actions and the disbursement can go ahead. If eurozone finance ministers agree... up, estimated at around 28 billion euros, to pay off at least some of its loans to the IMF early

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  2. Athens holds fire on debt schemes, prepares tax relief measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of means testing before applicants can be accepted in the new programme. It is expected... will be included in the scheme. Anyone wanting to pay off their debt in a one-off payment will have... and this will emphasise that Greece can deliver fiscal results on a continuing basis. This may make the upcoming

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  3. Ministers unveil lengthy payment schemes for unpaid taxes and contributions
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    schemes. Their main features are that they allow debtors to pay their dues in up to 120 instalments... by the end of last year can be included. Anyone earning less than 10,000 euros a year will automatically... from the institutions this week so it can move ahead. According to left-leaning Efimerida ton

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  4. Greek elections: Just the (decisive) details to be settled
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of between 30 and 100 percent of their monthly retirement pay. Around 600,000 retirees who earn... the age of 17 upwards can participate this time, compared to the previous voting age of 18... be relied upon and nobody can say with any certainty whether 17-year-olds will play a part

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  5. Newsletter 216 -26/07/2019

    Newsletters

    the measures can be implemented straight away. The third bill is expected to contain a range... will find out at the end of August how much ENFIA they will have to pay in the coming months. This year’s..., Petsas also said that the government believes it can make around 1.5 billion euros in savings via

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  6. Last-minute labour amendment, university asylum law fuel political row as third bill passes
    Photo by MacroPolis

    PoliticsGreek Politics

    in the interest of workers as it limits the hirings businesses can make. Government sources noted... retirement pay that was higher than the limit set by the government) to mislead voters. The tabling.... New Democracy believes that there is broad public support for changing the legislation but can

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  7. IMF warns of uphill battle for economy as Athens seeks to close 2020 fiscal gap
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    base of paying taxes. Greece is nearly last in the EU in terms of the share of workers that pay... reiterates the country’s official creditors can do their part through lower fiscal targets as early... do not seem prepared to accept that this can be achieved just through structural reforms, which

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  8. Vital economic legislation lined up as ND seeks compromise over diaspora vote
    Photo by MacroPolis

    PoliticsGreek Politics

    recently auction 3-month T-Bills at a negative yield. The creditors’ approval means the government can... have to pre-pay. The government will decide how to share out the rest in the coming weeks, when... of politics that the centre-right party has advertised can deliver results.

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  9. Amid hiring controversy, ND focusses on new round of tax cuts in latest bill
    Photo by MacroPolis

    PoliticsGreek Politics

    year so they can be used to calculate ENFIA for 2020. The bill retains its headline tax cuts, which... Greeks pay income tax. The bill also creates a new non-dom framework to attract high wealth.... One-off debts, such as inheritance tax, can be paid off in up to 48 instalments, rather than

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  10. BoG runs numbers to show how tackling NPE stock will benefit banks' bottom line
    Photo by MacroPolis

    EconomyBanking

    losses from the active management of bad loans. When profitable, Greek banks can offset the DTCs against the tax they would have to pay on their profits. However, in the event of losses, part..., the new credit in the economy can reach up to 7.8 billion euros, a 4 percent rise. The BoG concludes

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