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Incorporating impact of Ukraine war, EC revises growth forecast down to 3.5 pct
EconomyMacroeconomysubstantial this year, it is revised down from previous estimates as the eurozone and the global... by the temporary measures in response to the high energy prices. The fiscal estimates assume that all pandemic... in supplementary pensions and bonuses. The latest Commission estimates are broadly in line
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How SYRIZA says it will fund its economic policies
Economyprogramme was estimated by SYRIZA at 11.36 billion euros, of which 6.5 billion relate to the growth... and fuel smuggling. Estimated revenues are seen at 3 billion euros from the first year, yet SYRIZA... with estimated revenues of 3 billion in the first year. 4) Reallocation of 3 billion euros from
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What is SYRIZA planning to do with Greek banks?
Economyprogramme with a total cost estimated at 11.4 billion euros. SYRIZA’s economic policies were... of any type of unpaid obligations to banks. The cost of capital for this entity is estimated by SYRIZA... enterprises (SMEs) and farmers. The estimated cost stands at 1 billion euros. In Thessaloniki, Tsipras
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Greek coalition sets out plans for public sector, wages and pensions
PoliticsGreek Politicsand unions rather than in one go. It is estimated some 300,000 Greeks earn the minimum wage. Instead... for pensioners earning less than 700 euros a month. It is estimated that these interventions will cost 850 million euros per year. The coalition has pledged to cover the pension funds’ deficit, estimated
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Newsletter 14 - 06/02/2015
(ENFIA abolition and new taxation) was estimated at 2 billion. However, citing government sources... of 300,000 euros. The estimated revenues from this new tax have not yet been disclosed. 2. Reports also... threshold to 12,000 euros (from its current 5,000), at an estimated cost of 1.5 billion. 3
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Greece sends reform list to creditors, here's an outline of what it's likely to contain
PoliticsGreek Politicsthe humanitarian crisis. The cost of those measures was initially estimated by SYRIZA at 1.86 billion and relate to the following initiatives: · Subsidized meals for 300,000 poor families (estimated cost... home (estimated cost at 2 billion euros). The Alternate Finance Minister Nadia Valavani recently
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammebillion for the whole year. In addition, revenues are back-loaded, since H1 revenues are estimated... was based on the notional rather than the estimated ENFIA revenues. This means that the new tax would bring... Mardas said that the estimated revenues from fuel and tobacco smuggling stand at 1.5 billion and 800
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Greek pensions: The thorniest issue in talks between Athens and lenders
EconomyProgrammewas estimated at 326 million euros for 2015. In late 2014, reports indicated that the zero deficit... Samaras said in an interview last week that the 2015 budget estimated a 4.4 percent drop in supplementary... have an estimated impact of 600 million euros on fiscal expenditure. The institutions have expressed
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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgramme. 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... for Public Revenues. 4) Tender for TV licences with estimated revenues at 350 – 380 million for 2015... with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through
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Greece seeks to finalise 1 pct of GDP in new tax measures to close review
EconomyMacroeconomylevy on pay TV, with estimated revenues at 30 million per annum. A levy on internet connections may also be introduced. 9) Increase in the excise tax on natural gas, with estimated revenues of 25 million 10) Imposition of levy on cars with foreign number plates, with estimated revenues of 15 million
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