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No let up ahead in terms of fiscal demands for new Greek government
EconomyProgrammeto generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super-reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of 13... that were voted on in the summer included an increase in the corporate tax rate from 26 to 29
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Programme review talks continue, progress on tax, pensions and NPLs at a premium
EconomyProgramme, with the lower rate of 22 percent to be applied for annual incomes up to 22,000. Until now, this rate... with the latter not benefitting from the tax break. At the moment, the self-employed are taxed with a rate... rent is due to be taxed with a rate of 15 percent (from 11 percent currently) for annual income
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Greek corporate lending rates up to 250 bps higher than eurozone average
EconomyMacroeconomyGreek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February... capital controls were imposed. Following the drop in February, the time deposit rate in the Greek market currently stands around 25 bps above the eurozone average figure. Overall, the weighted average rate
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammezero previously. Another amendment relates to a change in the tax rate for personal companies and small businesses to 29 percent. The previous tax rate was 26 percent for income up to 50,000 euros... envisaged in the initial bill. In addition, the article regarding the increase in the tax rate
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Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues
EconomyMacroeconomy, corporate income tax had a much higher collectability rate of 88 percent, as 459.2 million euros were... stood at 62.4 million in July. In the previous month, the collectability rate was even higher at 91.5... of the year were fairly insignificant. The collectability rate of VAT also stood at relatively high
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New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
EconomyMacroeconomy1.28 billion due was paid. This corresponds to a collectability rate of 69.6 percent. The latter was the lowest rate among the four taxes in September. The second highest revenue gap of 157.9 million... collectability rate stood at 75.4 percent in September, which was the month when the first instalment
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Greece worst-performer in EU 28 for social justice
Society).” The report noted an “alarming” rate of 37.8 percent of children and young people were at risk of poverty, while the rate of severe material deprivation for children and youth in Greece stood at 25.7, more... Greeks employed in 2015, the lowest rate in the 28-country sample, Greece falls “dauntingly far off
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyin nearly three years was the driving factor behind the improving manufacturing sector. The rate..., though the rate eased compared to May. The increase in demand also led to staff numbers growing for the second successive month, representing the most notable rate of job creation in nearly a year
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Newsletter 126 - 07/07/2017
in nearly three years was the driving factor behind the improving manufacturing sector. The rate... inventories, though the rate eased compared to May. The increase in demand also led to staff numbers growing for the second successive month, representing the most notable rate of job creation in nearly
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EU migration survey paints picture of lives of non-native population in Greece
Societythe second highest unemployment rate for the young non-EU born population at 38.7 percent. However..., outpacing the rate for non-EU born foreigners. Greece was also one of nine EU countries where the gap... unemployment rate for the non-EU-born population aged 20–64 was lower when compared with the native
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