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Ministers unveil lengthy payment schemes for unpaid taxes and contributions
EconomyProgrammeMinister Alexis Tsipras specifically, regarding a set a tax relief measures. SYRIZA has been trailing... Haritsis and Deputy Finance Minister Katerina Papanatsiou set out the parameters of the three different... qualify for the 120 instalments, with the minimum monthly payment being set at 30 euros. For those
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Promises and challenges of Greece's "green new deal"
EconomyFeaturesup its renewable generation, starting with 1 GW of wind and solar power by 2024, with the aim... of natural gas for heating and electricity has been in progress since the 1990s and is set on a path... survey thought it was important for the government to set ambitious renewable energy targets
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek PoliticsThe government is gearing up for the announcement of a new set of measures to help struggling businesses as the lockdown looks set to stretch well into April. It was confirmed over the weekend... on Monday a new set of support measures aimed at broadening the scope of businesses and employees
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Newsletter 259 -24/07/2020
plan on the recommendations made by the committee of wise men led by Nobel Prize-winning Greece is set... and employment. It repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent... Greece’s GDP growth by 1 percentage point by 2030. Increased productivity would raise the overall living
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Government rolls out red carpet to lure private wealth to Greece
EconomyFeaturesthat cater to the needs of one extremely wealthy individual or family – to set up shop in the country... at least 1 million euros a year. The new framework introduced means that firms’ pre-tax income... frameworks. The Finance Ministry stressed that the set-up, which will also apply to current Greek
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Newsletter 299 - 04/06/2021
in the implementation of a new insolvency framework in Greece set the political agenda this week... on June 1. The forming of the state body that will purchase and lease back the properties..., the set-up of the Project Preparation Facility for large investments, while important steps were
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Govt intent on making some relief measures permanent
PoliticsGreek PoliticsThe government appears set on the idea of making permanent some of the relief measures it has... vaccinated. According to reports over the weekend, the government is set to discuss its intentions... to the primary surplus estimates seen in the Medium-Term Fiscal Strategy dropping by roughly 1 percentage
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Criticism of authorities' response intensifies as wildfires continue to rage
PoliticsGreek Politicsthe pressure on the country’s civil defence mechanisms and the political leadership. As the sun set... Michalis Chrysochoidis, meanwhile, was set upon by local leaders during a crisis meeting in Olympia... Finance Minister Theodoros Skylakakis told ANT-1 TV that the government has spent 1 billion euros
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Electricity price shock, pressure on phone-tapping take shine off surveillance exit
PoliticsGreek Politicswere 45 days past due. This figure now stands at 45 pct, with the amounts in arrears climbing to 1.... In addition to the expanding envelope for energy support, the government is looking to set aside funds... reversing the fiscal deficit. Phone-tapping With Parliament set to resume its business a week early
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Newsletter 356 - 21/10/2022
November, though. The Finance Ministry already has 1 billion euros set aside for any energy needs... majority. This would certainly be the case in the first electoral contest which is set to be held under... to keep interest on deposits low. Based on this set of figures, the Greek banking system has come
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