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Newsletter 185 -30/11/2018
euros, as measured by the tax authorities, will see a 30 percent reduction in what they have to pay... specifically, the level of exposures that are unlikely to pay and those in delay between 1 and 90 days are important indicators for the direction of credit risk. Unlikely to pay exposures stood at 27.8
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Newsletter 220 -20/09/2019
’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay... activity this week centred around plans to pre-pay almost 3 billion euros to the IMF ahead of schedule... repayment schedule, Greece is due to pay 2.1 billion euros per year up to 2021, dropping to 1.9
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Athens prepares to send draft budget to Brussels, lines up next tax measures
PoliticsGreek Politicsthat it will be around 300 million euros per year. Gerapetritis, said that back-pay would be awarded... many recipients there would be. The government will try to pay the majority of the back-pay
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Government opts for modest tax relief, but who will benefit?
EconomyFeaturesand with earnings above the threshold could pay between 30 and 47 euros less tax annually thanks...-employed workers, who do not receive a personal tax credit, will pay the reduced base tax rate... to experience only a small increase in their disposable income - enough perhaps to pay for a couple
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek PoliticsThe long-awaited decision on compensating pensioners for retirement pay cuts ruled unconstitutional... might adopt a more generous interpretation of the ruling and award back-pay universally.... Pension back-pay is not the only legacy of the financial crisis that the government is having
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingthat took place in 2015, Piraeus Bank had issued 2 billion euros of convertible bonds (CoCos) that pay... Central Bank regulations as part of the pandemic-related framework, banks are not allowed to pay out... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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ND warns of fiscal risk from SYRIZA pledges as Tsipras takes heart from Cyprus polls
PoliticsGreek Politicsto introduce inflation-linked pay rises for public sector workers, cuts to fuel duty and VAT... to elections. On Tuesday, Mitsotakis will address Parliament in support of a special bill on armed forces pay... the measures, which include a new pay scale and special benefits for the armed forces, to the death
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PM announces more voter-friendly measures ahead of polls
PoliticsGreek Politicsfor pensioners whose retirement pay did not increase this year due to the so-called “personal difference... with the 72- and 120-instalment schemes to pay off their dues to the state will be allowed to rejoin... by the energy crisis. If they pay an amount equal to two of the missing instalments, they will be allowed
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New Parliament set for fractious opening session after Mitsotakis curtain-raiser
PoliticsGreek Politicsthat his government intends to pay off the remaining crisis-era loans two years early, with a view... is expected to focus on are pay increases for civil servants and a rejigging of the public sector pay
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Parties at odds over private universities as ND faces nepotism accusations
PoliticsGreek Politicsalso objected to pay increases for cabinet members contained in the omnibus bill. PASOK spokesman Haris Koukoulopoulos said that increasing the pay of ministers who were not members of Parliament to equal 90 percent of the salary of high court judges amounted to a 46 percent pay hike. Opposition
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