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Newsletter 227 -08/11/2019
is the introduction of a flat tax aimed at convincing wealthy individuals to move their tax domicile. The non-dom scheme will offer anyone who declares their global income in Greece a flat tax of 100,000 euros... over three years. The measures will be in place for 15 years and will be The government this week set
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeatures. However, the approval of the purchase is still pending more than two months later. It also contained.... The approach by the HRADF regarding these ports is being structured as sub-concessions rather than... higher than the initial offering of 600 million. The current concession ends in 2026 and the new one
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsand had not been trailed. Monday’s declaration marks more than just an environmental milestone. It can... activities in the Aegean as protective rather than provocative. The fact that the diplomatic angle... to the announcement, which was made in English, giving the impression that it was about more than policy
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Promises and challenges of Greece's "green new deal"
EconomyFeatures, the targets call for more than a tripling of wind power and photovoltaic generation capacity from 2017... than the original plan, and a 50 percent increase over 2017 levels), as well as a slight increase... units in the final phase of the country’s adjustment programme fell flat as no buyers were willing
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Set-to in Ankara well received in Athens, where Covid-19 data causes worry
PoliticsGreek Politicsthe foreign minister about his Ankara trip. SYRIZA suggested that rather than “responding... another worrying set of Covid-19 numbers for Greece on Thursday. Authorities reported 104 deaths, which... at 9,239. Also, the number of intubated patients rose to 819 as more than 3,800 new cases were reported
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New study shows Greek population more than halving by 2100
SocietyA study by the Lancet has shown that Greece’s population is set to shrink to levels as low as 4.7 million people by 2100, less than half of the recorded population in 2017. The paper entitled... rate lower than the replacement level of 2.1 and over, and 183 were forecast to have a total
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economyloans were kept almost flat QoQ at 52.8 billion, while deposits dropped by more than 11 percent QoQ... items excluding loan provisions and profits. The bank said the full set of Q2 results... at the end of September. We set out below the key trends visible in the results presented by the two
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SYRIZA set to name more MEP candidates, hoping for better results
PoliticsGreek Politicsthan with the previous collection of hopefuls, who were overshadowed by the controversy surrounding... than five years after she had died. Within hours, it was announced that Loizou was stepping down... to note that SYRIZA performs better than New Democracy in the 17-34 and 35-44 age groups, whereas
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Athens set for 6.7 bln bailout tranche, talks on post-MoU framework
EconomyProgrammerequire ministerial decisions and are set to be settled before the European Stability Mechanism’s... a “Framework for Growth and Stability,” making use of the terms already set out for the ESM’s Precautionary..., rather than its “in principle” approval. “Not all differences have been bridged yet, but we
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Lenders set to keep coalition waiting for answer on pension cuts
PoliticsGreek Politics. This meeting is set to take place in the wake of the institutions issuing their first post-programme report... of the draft budget in the Greek Parliament. The coalition looks set to be in the embarrassing... to retirement pay is more than just an economic matter for Prime Minister Alexis Tsipras
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