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Lenders set out post-MoU framework with aim of securing reforms
EconomyProgrammecommitments Athens will have to keep to in the years to come. According to what has been published... by eurozone central banks and the cancellation of the step-up rate of loans extended in 2012. The second.... It also has to ensure that new state arrears are not created. The government has pledged to reduce
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Newsletter 32 - 26/06/2015
rates. Both sides agree that the super-reduced rate be applied to pharmaceuticals, books and theatre only. However, for the reduced rate of 13 percent the two sides agree only on energy. The institutions propose this rate be applied to basic foodstuffs and water (excluding sewage), while Greece
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Greece's taxing challenges
Agoratax rate has changed seven times in the past decade. This frequency makes any predictability..., respectively, the collection rate for personal income tax only stood at 63.8 percent in 2015..., the volume of unpaid taxes has increased. The latest available data for August 2016 recorded
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Newsletter 134
The government has acknowledged that the fiscal targets of the 2018 draft budget may be hampered by a tax-weary public. figure for 2018 has also been lowered from 52.94 to 52.49 billion euros... that it would wait until KAS's ruling has been published before it makes any decision. The consortium that has
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Newsletter 164 -08/06/2018
consideration include abolishing the step-up interest rate margin related to the debt buyback tranche from... in the third programme’s financial envelope to buy out the loans that the IMF has made to Greece. The failure to reach a deal has increased the chances of the Fund not activating its programme for Greece
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Unemployment closes 2013 with new high of 27.5 pct in last quarter
EconomyMacroeconomythe beginning of the Greek crisis, the unemployment rate has almost tripled from the Q4 2009 figure...The non-seasonally-adjusted unemployment rate rose to 27.5 percent in Q4, after marginally easing..., and showed the unemployment rate eased to 27.5 percent in December from 27.6 percent in November. The number
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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP
EconomyProgrammezero previously. Another amendment relates to a change in the tax rate for personal companies and small businesses to 29 percent. The previous tax rate was 26 percent for income up to 50,000 euros... envisaged in the initial bill. In addition, the article regarding the increase in the tax rate
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Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues
EconomyMacroeconomy, corporate income tax had a much higher collectability rate of 88 percent, as 459.2 million euros were... stood at 62.4 million in July. In the previous month, the collectability rate was even higher at 91.5... of the year were fairly insignificant. The collectability rate of VAT also stood at relatively high
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New overdue taxes jump by 1.35 bln in Sept, driving total stock to 92.8 bln
EconomyMacroeconomytax has the highest collectability rate of 88.5 percent, followed by VAT at 84.8 percent, while ENFIA... 1.28 billion due was paid. This corresponds to a collectability rate of 69.6 percent. The latter was the lowest rate among the four taxes in September. The second highest revenue gap of 157.9 million
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EU migration survey paints picture of lives of non-native population in Greece
Societythe second highest unemployment rate for the young non-EU born population at 38.7 percent. However..., outpacing the rate for non-EU born foreigners. Greece was also one of nine EU countries where the gap... unemployment rate for the non-EU-born population aged 20–64 was lower when compared with the native
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