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  1. Ministers urged to speed up reforms as Athens prepares for lenders to return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    to set the new ENFIA rates, with the aim of targeting 3.1 billion euros in revenues. The difficulty for the government is that apart from satisfying the creditors, who expect the new rates

    3%

  2. IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
    Image via www.imf.org

    EconomyProgramme

    high tax rates. The combination of this policy package in the next two years and reforms... rates, economic distortions and will support growth. Banks have a key role to play in Greece’s economic

    3%

  3. No bounce for Tsipras in poll as cracks appear in centre-left
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a minor fiscal impact given that the discounted VAT rates only apply in the five islands that are most... their VAT rates increase at the beginning of the year. Tsipras vowed that the lower VAT would apply

    3%

  4. BoG report outlines benefits of surveillance and scenarios for debt
    Photo by MacroPolis

    EconomyBanking

    . Scenario 4 looks at the Eurogroup measures but higher interest rates of market access by 100 basis points... from the 2030s and scenario 4 of higher market rates raises the financing needs from 2047 onwards

    3%

  5. Newsletter 170 -13/07/2018

    Newsletters

    VAT rates for any longer than this year, while the intervention from Germany served as a reminder... unemployment rates. During the month, employment fell by 40,758 persons month-on-month, representing

    3%

  6. More changes needed to unlock private sector's potential, report says
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , and developing a reliable, effective, tax system with moderate tax rates,” they underline... can and should aim for growth rates of 5 percent as this poses a realistic scenario considering

    3%

  7. Recent study issues warning over ageing population, future pension burden
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    a spanner into the works of the high economic growth rates the country needs to achieve over... rates in Europe. The population of school-aged children (3-17 years old) will fall from 1.6 million

    3%

  8. VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
    Photo by MacroPolis

    EconomyFeatures

    The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear to have fed tax avoidance rather than close the gap between expected and actual revenues. Out...’ that represents the potential revenue loss due to reduced VAT rates and the ‘exemption gap

    3%

  9. Moody's explains cautious approach to Greek credit rating upgrade
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    challenges in the medium- to longer-term, which also include low savings and investment rates. The banking... interest rates and very long maturities. Moody’s highlights that Greece remains dependent on political

    3%

  10. Child poverty rate in Greece triples in a decade, OECD study finds
    Photo by Panagiotis Tzamaros/Fosphotos

    Society

    rates have increased in two thirds of OECD countries. The share of children living below the pre-crisis poverty line (as measured by ‘anchored’ poverty rates) increased substantially in Greece, Italy

    3%