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Staikouras strikes note of caution on fiscal space and tax cuts
EconomyProgrammeGreece’s finance minister revealed in an interview with Kathimerini newspaper over the weekend... there. The finance minister believes that acceleration of growth will be dependent on a stable European... clarity and accelerate growth. Bonds and banks The new finance minister estimates that his
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Capital controls to be abolished ahead of schedule
EconomyBanking, but the government is now moving ahead with the measure earlier than planned. Finance Minister... due to the restrictions. In May 2017, the Ministry of Finance published a road map for the gradual... within 2019. Responding in parliament to the government’s plans on Monday, former finance minister
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Newsletter 219 -13/09/2019
in the 2020 budget being drafted by the Finance Ministry. One of the most significant interventions... onwards to adopt these measures. The Finance Ministry is due to submit the draft 2020 budget.... The Finance Ministry reported tax revenues of 26.16 billion euros in July, meaning that for every 3.74
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Newsletter 220 -20/09/2019
Efimerida ton Syntakton on Saturday, Finance Minister Christos Staikouras confirmed... in Kathimerini newspaper on Thursday, Deputy Finance Minister Giorgos Zavvos handed the plan, dubbed... in August 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed this week
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsmonth. They were squeezed into the budget after the Finance Ministry suggested that equivalent fiscal... next year for many property owners. Former finance minister Euclid Tsakalotos addressed this issue...” in the media of avoiding the property tax issue. He also said that the Finance Ministry had invested
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SYRIZA launches membership drive but still struggles with 2015 backwash
PoliticsGreek Politics. However, he reserved particular criticism for the decision to appoint Yanis Varoufakis as finance... SYRIZA wanted to achieve. Dragasakis claimed that the former finance minister, now leader of radical... that took place more than four years ago, while placing some of the blame on the former finance
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Newsletter 229 -22/11/2019
, as it promised to do ahead of the July elections. Finance Minister Christos Staikouras said... Finance Ministry (MoF) budget execution bulletin showed this week. The primary surplus surpassed its..., the Finance Ministry's (MoF) debt bulletin showed during the week. The Q3 debt largely reflects a QoQ
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Budget for 2020 eyes faster growth while balancing tax cuts with more revenues
EconomyMacroeconomyFollowing the nod of approval from the European Commission (EC) earlier in the week, the Finance... will be led by substantially higher investment spending, which the Finance Ministry expects to grow by 13.4... of Christmas. The Finance Ministry wants to take a more conservative approach this year and set aside
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Newsletter 230 -29/11/2019
of dividends tax from 10 to 5 percent. In its statement, the Finance Ministry claimed that the bill... targets The Greek Finance Ministry announced during the week that the process of prepaying some... in the first 10 months of 2019, compared to a surplus of 3.81 billion noted in October 2018, the final Finance
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Eurogroup to approve release of bond profits but bid to repurpose funds falls flat
EconomyProgrammeWednesday’s Eurogroup is expected to result in eurozone finance ministers approving the conclusion... gradually until June 2022 so they can be “used to reduce gross financing needs or to finance other... to finance with the ANFA and SMP profits. According to a recent report in Kathimerini, the government has
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