Search
-
Cabinet act firms up details of CoCos issuance by Greek banks
Economynot pay the annual coupon in two anniversaries, not necessarily consecutive. CoCos holders do not have... is at the discretion of the bank’s BoD, which may also decide to pay the coupon in the form of common shares... bank share price. If a bank decides not to pay the annual coupon on CoCos, then it is obliged
6% -
SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over... that this was not the major intervention in public sector pay that SYRIZA had hoped to make “but it stops... pay increases. The government has failed to convince the public sector workers’ union ADEDY that its
6% -
A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammelevies on pay TV and on bank cheques or bank transactions. Personal income tax A new unified tax... percent of self-employed with income below 32,000 euros would pay lower income tax with the new tax... retirement pay amount exceeds 1,300 euros, rise in contributions for supplementary pensions by 1
6% -
ECB survey shows enduring preference for cash payments in Greece
EconomyFeaturesother country surveyed to pay electricity bills in cash (56 percent). Around 85 percent of Greeks... choose to pay with, given the choice. When asked to pick between the various payment methods offered in a shop, 43 percent said that they would choose cash, 39 percent said they would pay by card
6% -
Self-employed paying less for social security contributions, Labour ministry reports
EconomyFeaturesData from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... percent of farmers will pay the minimum contribution of 95 euros (89 percent in 2017), due to the fact.... The number of self-employed persons obliged to pay social security contributions rose by 23,588
6% -
Newsletter 205 -10/05/2019
to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from
6% -
Government braces for reaction to pension bill
PoliticsGreek Politicsto the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income
6% -
Newsletter 462 - 16/05/2025
the possibility that silicone lubricants could ignite under certain conditions - a finding... that the findings had dealt a final blow to what he called "the vilest attempt at manipulating... that all findings would be scrutinised by the justice system. He defended his party’s decision
5% -
Latest Tempe report kicks off political storm as government claims vindication
PoliticsGreek Politicscould ignite under the right conditions, a finding which appears to support the government’s... that the claims of a cover-up had collapsed. Marinakis claimed that the findings dealt the final blow to what... author of the report, calling the findings a “fiasco” and threatening to expose him for unscientific
5% -
Tourism turnover index slows but signs remain positive
EconomyMacroeconomyTravel and Tourism Council (WTTC) report on Greece. Furthermore, it is forecasted to rise by 3.3... by 3.3 billion euros in 2014-2020 would translate into foreign arrivals of 22-24 million and total
5%