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  1. Ahead of Eurogroup, Greece juggles funds to cover liquidity shortage

    EconomyProgramme

    million euros. Athens has to pay an additional 1.23 billion euros in the next two weeks in three tranches... that the state will just pay wages and pensions. We understand that this would increase again arrears... obligations. According to the proposed law, those who will pay their full principal amount until

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  2. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    will pay their full principal amount as early as the end of March. The instalment scheme has incentives that frontload payments and reward those who pay the full amounts of tax debt upfront versus those who pay in (up to 100) instalments. Note that the previously announced 50 percent haircut on tax

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  3. Newsletter 25 - 08/05/2015

    Newsletters

    ministers and SYRIZA MPs in recent days, our understanding is that the government will be able to pay... in social security contribution arrears. Going beyond May, Greece has to pay 1.54 billion to the IMF... debt redemptions, the key months are July and August when Greece has to pay back bonds, worth 3.5

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  4. What next for Greece's revenues and spending?

    Agora

    a positive surprise since a number of taxpayers preferred to pay their taxes in advance to lower... conditions, the expenditure will revert to the levels of budget targets.” The government has to pay... on July 13 and July 27. Starting from July 28, the state is also due to pay the monthly pensions

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  5. More than half of Greek households rely mainly on pensions

    Society

    to pay an extraordinary bill or cost of 500 euros. Over half (52.9 percent) said they would only... in their tax payments, while only 16.4 percent of tax debtors had benefitted from the arrangement to pay...) believe they will be unable to pay their tax bills, with almost 15 percent saying they cannot afford

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  6. Crisis management policy: the sad lesson of the Greek case
    Photo by Harry van Versendaal

    Agora

    would need more loans and/or easier debt terms to pay interest and principal on its old loans... is to start by finding out how big a surplus is needed to pay off all the debt, the second point is to find... economic problems and are teetering on the brink of bankruptcy also pay back their borrowings

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  7. Survey highlights strain on mental health in Greece amid financial pressure
    By Panayiotis Tzamaros/Fosphotos

    Society

    because they could not pay for it. In 2016, only one in four Greeks who needed primary healthcare.... At the same time, Greeks on average pay 21.10 euros a month out of their own pockets to pay

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  8. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that pay taxes on wages, or income from agriculture, self-employment and pensions to 72.7 percent...). This would mean that workers with a monthly salary above 420 euros would pay income tax, while the existing... on the large number of low-income wage-earners that would have to pay income tax for the first time

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  9. Since 2010, declared income has plummeted but tax due has risen
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    over the past few years. Specifically, more than one quarter (26.3 percent) of taxpayers did not pay... not pay any personal income tax in 2016, would have to pay tax as of 2019, assuming that their declared

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  10. Getting to the church on time
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    and that, in recognition of this, the government will pay priests’ wages as a form of recompense... church does not pay its way), especially if their wages can eventually be covered by the commercial.... Mitsotakis opposes the appointments but insists taxpayers should continue to pay priests salaries

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