Search
-
If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypercent for incomes between 10 and 30,000 and 20 percent for incomes over 30,000. If the minimum... low at 20.1 percent in 2017 versus the 34.9 percent EU average. The report concludes that every 1... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt
12% -
Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammealso had to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos... he insisted would take place well before August 20, when the programme ends. He drew attention... to reduce pension spending by 1 percent of GDP or whether it will be able to avoid the cuts, a number
12% -
For better or worse: Greece's bailout exit deja vu
Agora, will see out on August 20. That finishing line had been his main political target since he realised... of pensions spending by 1 percent of GDP and collecting more revenues, also worth 1 percent of GDP
12% -
Recent study issues warning over ageing population, future pension burden
Societytoday to 1.4 million under an optimistic scenario and 1 million in an adverse scenario, by 2050... to retirees is 1.3 workers to 1 pensioner, with 3.6 million workers paying contributions to the pensions... of individuals older than 65 years for every 100 persons of working age (20 to 64 years). The ratio rose
12% -
Tax cuts set to lead package of post-MoU pledges by Tsipras
PoliticsGreek Politicsthe programme on August 20, which was not celebrated due to its proximity to the deadly wildfire... out of the excess surplus for 2019, which is expected to surpass 1 billion euros. The 2018 excess..., the measures are costed at between 750 million and 1 billion euros, with around 2/3 of the sum
12% -
NBG remains profitable in Q2 with net results of 21 mln
EconomyBankingin the second quarter (Q2), very slightly improving on net profits of 20 million in Q1. Factoring... of small enterprises, totalling roughly 1 billion euros, which are collateralised. P&L Net interest income... covered bonds. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.2 percent in Q2 from 16.5
12% -
GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports
EconomyMacroeconomyperiod last year, private consumption increased by 1 percent in Q2, from stable in the previous quarter... by 1 percent this year. Investments Gross capital formation declined by 2.2 percent QoQ following... percent, led by equipment investment where growth will exceed 20 percent. Exports Exports of goods
12% -
Unemployment rate falls to 19 pct in Q2
EconomyMacroeconomythat the rate of unemployment has fallen under 20 percent. Compared to the same period last year...-on-quarter, taking the figure to under 1 million for the first time since Q3 2017. This was combined... declines. The number of long-term unemployed (over 1 year) declined for a sixth continuous quarter
12% -
Coalition optimistic about pension cuts deal as it readies reduction to contributions
PoliticsGreek Politicssuggests that the figure may even reach more than 1 billion euros, without giving further details... and 33.35 percent. According to the draft law, contributions to the main pension will be reduced from 20... party’s spokesman said on Tuesday that the conservatives would stick to the 5:1 departures
12% -
Newsletter 183 -16/11/2018
of GDP primary surplus target in 2019 even if does not go ahead with the 1 percent of GDP reduction..., contributions to the main pension will be reduced from 20 percent to 13.33 percent for the self-employed..., apartment prices rose by 1 percent, gaining slightly on the previous quarter-on-quarter rise of 0.8
12%