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Two hurdles left for coalition this year before bigger challenges in 2014
PoliticsGreek Politicsthan 15,000 per year should pay a monthly mortgage payment of 10 percent of their net monthly income. Those earning between 15,000 and 35,000 per annum are to have monthly mortgage payments that amount... to target homeowners it believed had the ability to pay their mortgages but were free-riding on the back
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomyand reward those who pay their full debt principle upfront versus those who pay in installments... intto the regular tax collection process. The minimum installment is reduced to 20 euros per month (from... is lowered to 3 (from 4.56) percent per year. A broadly similar process is provided for social
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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsper month. Athens, however, seems reluctant to enforce the “zero deficit” rule that would stop..., possibly those over 300 euros per month. The Greek side may, though, point to the fact... made by both parties. One eurozone official told Reuters on Wednesday that the government has to “pay
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Newsletter 48 - 23/10/2015
, and the total contribution and amount per bank should be broadly compatible with their business plans... that parents would have to pay as a result of the new measure. He went on to suggest that Greeks who send... in Greece tend to range between 4,000 and 8,000 euros per year, which means that parents’ VAT bill
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Gov't submits multi-bill to pave way for next bailout tranches
EconomyProgrammesummarise below the key provisions of the omnibus bill. An additional tax of 0.05 euros per column..., the government is introducing a new tax of 0.30 euros per 750 ml (i.e. one bottle) of wine... to pay the monthly instalment, the government will grant a subsidy that will burden budget
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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammeand pensioners. Self-employed and farmers will pay the whole rate, which would be applied on their declared... in case the sum of main and supplementary amount per pensioner exceeds the 1,300-euro threshold...-employed Greeks with income below 32,000 euros would pay lower income tax with the new tax scale
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Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
PoliticsGreek Politicsfunds, which includes the majority of debtors, would be allowed to pay as little as 20 euros per... increase in the tax-free threshold per child for each household. Regarding the ENFIA levy, Mitsotakis... said. “And businessmen will pay their taxes and take care of their workers, making them partners
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New pension system, lower primary surpluses among govt targets for 2020
PoliticsGreek Politicsthat main pensions could increase by up to 200 euros per month in some cases, while the average rise for supplementary pensions will be 100 euros per month. A senior ministry source told Ta Nea... see the start of the pilot trial at the Council of State which is expected to rule on back-pay
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Stock taking: Where is the Greek economy now?
Agoraaway to some extent from the pay-as-you-go system that is the dominant pillar in Greece today...-being in the future (the workforce is shrinking, so productivity is the only driver of per-capita... percent per year (including the boom years through 2009 and the crisis thereafter). Covid-19 has
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Newsletter 19 - 13/03/2015
expense for Greek banks on an annual basis. On top of that, Greek banks have to pay a fee of 1.4... billion on an annual basis, or 140 million per month for Greece’s four systemic banks. However, even... on bonds it had issued between the wars to raise money to pay for the reparations agreed at Versailles
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