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Unpopular but effective property tax returns for another year
EconomyMacroeconomycollectability rate compared to the other direct or indirect taxes. Right after the completion... by an average rate of 12-13 percent. At the same time, the tax rates have increased accordingly... for property values above 300,000 have increased. Other changes also relate to the rise in the tax rate
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Newsletter 86 - 02/09/2016
by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2), a rate slightly lower than the 0.3... in June, respectively, in the first increase since March. The new time deposit rate remained stable... on Thursday. The time deposit rate stands 35 basis points (bps) above the eurozone average, while business
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Newsletter 95 - 11/11/2016
, respectively. The unemployment rate is forecast to fall to 23.5 percent in 2016, 22.2 percent in 2017... unemployment rate edged up to 23.4 percent in August, from an upward revised 23.3 percent in July... rate also rose to 23.3 percent in August after remaining stable at 22.6 percent in the last two months
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Three-quarters of Greek workforce struggles to make ends meet
SocietyJust over three-quarters of the Greek workforce says it struggles to make ends meet, a rate more... in the next six months, a rate behind that of Slovenia (28 percent), Spain (26 percent) and Holland (25... or most of the time” when they are not working. In the third highest rate in the EU, 23 percent
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Greece lags in basic skills for youth but improves in educational attainment
Societyof the annual Education and Training Monitor noted the country’s early school leaving rate fell from 9 percent... of the 28 EU member states, where the EU average tertiary attainment rate is 38.7 percent... in Greece for the medium and higher educated than in the EU on average. While the employment rate
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New overdue taxes climb by 1.4 bln in October, total stock reaches 93.9 bln
EconomyMacroeconomywere paid, which corresponds to a collectability rate of 84 percent. The second highest revenue gap.... The ENFIA collectability rate stood at 74.6 percent in October. Corporate income tax created a more modest gap of 88.1 million, while its collectability rate stood just above the 90-percent mark
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ESM and EFSF approve short-term debt relief measures for Greece
EconomyProgrammethe interest rate risk for Greece, relates to a bond exchange where ESM floating-rate notes disbursed... that Greece will have to pay a higher interest rate when market rates start rising. The third scheme relates... of Greek loans. This involves the ESM charging a fixed rate on part of future disbursement to Greece
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New overdue taxes jump by 1.3 bln in Dec, total stock climbs to 54 pct of GDP
EconomyMacroeconomyhighest collectability rate of 84.6 percent. Personal income tax followed suit with a revenue gap of 1.23 billion, while its collectability rate was the lowest, at 68.6 percent. The revenue gap from ENFIA stood close to 1 billion with the collectability rate at 74.1 percent, while corporate income tax
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Newsletter 106 - 10/02/2017
unemployment rate remained stable at 23 percent in November, the Hellenic Statistical Authority... million. The most marked decrease in the jobless rate of 3.2 percentage points (pp) was recorded among young people (15-24 years old), bringing to 45.7 percent, while the unemployment rate for older
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Newsletter 122 - 09/06/2017
of debt relief Greece will need in the coming years to its growth rate, meaning that if growth... unemployment rate forecasts, the OECD now expects a faster reduction of the jobless rate to 22.2 percent (from... February 2012 The jobless rate has fallen by 1.3 percentage points (pp) in the last 12 months
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