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  1. Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

    EconomyProgramme

    ) report notes incremental revenues are estimated at 200 million euros. This is on top of the 1.7 billion... on OPAP Gross Gaming Revenues (GGR) from 30 percent to 35 percent, with estimated revenues of 70 million... percent, expected to be effective from July 1 and with estimated revenues of around 450 million euros

    2%
  2. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    After a bumper tourism year in Greece last year, where an estimated 25 million visitors beat... roughly 9 percent of GDP. An estimated 23.6 million non-domestic arrivals were recorded in 2015... for the expected boom in Russian tourists to become reality, an estimated 7,000 visas per day will need

    2%
  3. Newsletter 94 - 04/11/2016

    Newsletters

    is estimated at 0.5 percent of GDP. The World Bank’s proposals to eliminate tax credits are estimated... the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros

    2%
  4. Greek 2017 budget reveals size and source of extra tax burden
    Photo by Panayiotis Tzamaros/Fosphotos

    Agora

    The 2017 budget tabled in Parliament on Monday revealed that the bulk of the estimated incremental... million (27.3 percent) and a rise in the excise tax on fuel products, which is estimated to bring... tax reform and solidarity levy voted last May. On the indirect taxes front, the estimated rise

    2%
  5. Finance Ministry details impact of pension interventions, sees 2021 social budget surplus at 3.17 bln
    Photo by MacroPolis

    EconomyProgramme

    are estimated to yield savings of 3.71 billion euros by 2021, of which more than two thirds (2.49... in the personal difference in main pensions as of 2019 (with estimated savings of 2.49 billion euros... to the implementation of the new pension reform as of that year, the surplus of SSFs and hospitals is estimated

    2%
  6. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    . It is estimated that this adjustment will result in an average pension reduction of 14 percent for around... to an estimated 20.6 billion euros in 2017. Funding by the state Public pension funds have run a deficit since... election in September 2015 – estimated at just over a quarter of voters - while almost four in ten

    2%
  7. Short-term rentals raise rents by average of 8.3 pct, study indicates
    Photo by MacroPolis

    EconomyFeatures

    to 104.6 million, and 2016 when the loss was estimated at 160.6 million. Supposing that the revenue... Thornton estimated that the theoretical lost jobs connected to short-term rental stood at 12,520... estimated that the waste produced by an average short-term rental is 20.3 percent higher than

    2%
  8. Calls for measures to lessen impact of Thomas Cook collapse in Greece
    Athens Airport

    EconomyFeatures

    disruption. Theoharis estimated that roughly 22,000 tourists were expected to return home... largest companies and the world’s oldest travel companies impacted an estimated 500,000 holidaymakers... Confederation (SETE) estimated that the economic losses for the Greek tourism industry as a result

    2%
  9. Study calls for sweeping reform of Greek healthcare system

    Society

    at, though the study estimated that it could be as high as 20 percent of the household budget, a level... 5.2 days, the lowest in the EU. Up to a third of emergency room cases are estimated... as a proportion of the population, it also has the lowest number of nurses. It is estimated that the system

    2%
  10. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    hotels estimated that their turnover would drop by 51 percent in 2020 based on room rates. For conference rooms, 87.6 percent of hotels estimated a reduction of 66 percent in turnover. Additionally, 83 percent of seasonal hotels estimated that turnover from rooms would be lower by 36 percent this year

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