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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. Council of Europe report warns over austerity-inflamed inequality in education
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    is proposing making pre-school compulsory for four year olds, which would increase attendance rates... of children, whose school attendance rates remain poor. In addition, better integration of both children

    3%

  7. OECD sees 2.2 pct growth in 2019, stressing importance of reform adherence

    EconomyMacroeconomy

    , dividend and property tax rates, lowering social security contribution rates for some self

    3%

  8. Newsletter 192 -01/02/2019

    Newsletters

    income and corporate tax rates, and the elimination of social contributions as part of an overhaul... creation. In addition, cutting corporate tax rates was found to have a negligible positive impact

    3%

  9. Athens starts MTFS process with baseline scenario that sees growth slowing down
    Photo by MacroPolis

    Economy

    picking up in 2019 and 2020, with growth rates of 9 percent and 9.9 percent in 2019 and 2020. Equipment... capital formation growth rates of 5.2 percent in 2023, from 11.9 percent this year. Employment The most

    3%

  10. BoG report notes challenges to Greek economy, issues warning over high fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    contained in the budget. A variety of reasons were given for this, including lower growth rates... tax rates would also need to be reduced, along with a strengthening of the public investment programme

    3%