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Govt finds devil is in detail for windfall tax on power companies
PoliticsGreek Politicsa little short of 1 billion euros of additional profits during the period of high prices compared... in a technically sound and legally solid manner, so that those who made excess profits during this period... been deducted. The RAE report estimates that 5-20 pct of each supplier’s contracts could fall
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Greece - Some structural macroeconomic arithmetic
Agoraa year in the EU27 and the euro zone. It was negative for a while in Greece during the recession..., not even during the depth of the recent recession—a sign that the economy is not fundamentally competitive.... This explains why different institutions have different estimates of potential output and potential output
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Newsletter 61 - 05/02/2016
and, by extension, the costs involved would have been impossible to achieve during the past year. Equally... a quarter of its GDP during the past six years and which is trying to return to positive growth numbers..., the commission aligned its GDP growth estimates with the government forecasts, which call for zero
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomy. The estimated annual revenues amount to 437 million euros, while this year’s estimate stands at 255 million... fuel is increased as of the beginning of 2017. This has estimated annual revenues of around 700... as of January 1, with estimated annual revenues of 33 million. In addition, the deductibility of company cars
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Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
EconomyProgram (EAP) target of 3 percent. The upward revised estimate for 2015 primary surplus compared... with To Vima, Staikouras said that under current estimates 2014 primary surplus is estimated at 2... or lower estimates in the final budget due to be voted in December.
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Newsletter 487 - 05/12/2025
in the coming years. With the RRF in place until August 2026, next year’s growth estimate is 2.4%. However... markets and rating agencies - the macroeconomic estimates in the framework are cause for concern. When...% this year, but then stagnate around 8% over the following three years. This latest set of estimates
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RRF promise fades as growth outlook weakens
EconomyMacroeconomyin place until August 2026, next year’s growth estimate is 2.4%. However, this nearly halves to 1.3... - the macroeconomic estimates in the framework are cause for concern. When the RRF was first agreed... around 8% over the following three years. This latest set of estimates undermines the government’s
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EC warns budget not on track due to handouts, advises against further underspend
EconomyProgrammeon the young and working–age population that has suffered the most during the crisis and who... estimated, based on the General Accounting Office’s estimates which accompanied the bill... installment schemes for tax and social insurance contributions arrears. The Commission estimates
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Newsletter 168 -29/06/2018
to an incident in 1965, when members of the Centre Union led by Georgios Papandreou left the party during... at the London Business School on Wednesday during which he focused on the “brighter days ahead for Greece.” Earlier, Tsipras also gave an interview to Bloomberg, during which he argued
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Newsletter 169 -06/07/2018
Commissioner Pierre Moscovici regarding Greece’s exit from the programme. Moscovici insisted during a visit... billion. During 2017, NPEs dropped by 11 billion, mostly on write offs (6.5 billion) and sales of loans (3.6 billion). During Q1 2018 NPEs dropped by a further 1.7 billion mostly on write offs
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