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Newsletter 230 -29/11/2019
of dividends tax from 10 to 5 percent. In its statement, the Finance Ministry claimed that the bill.... The draft law also contains a provision wiping out debts of up to 10 euros owed by 536,000 taxpayers... the signatures of at least 10 MPs and the votes of 2/5 of Parliament. The tax bill submitted to Parliament
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Newsletter 278 -14/12/2020
by the pandemic. A report in Kathimerini citing Finance Ministry data suggested that eight in 10 companies... the vaccines would be provided to Greeks. Greece is due to receive 5 million doses of the Pfizer... contracting by 10 pct this year, broadly in line with the Finance Ministry’s estimates included
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Wage rises become top issue but trajectory lined with obstacles
EconomyMacroeconomyfor wages were also scrapped. This scrapped the previous 10 pct rise every three years. They were to return only when unemployment would drop below 10 pct. The latest Stability Programme that the Greek..., an increase of 5 pct compared to May last year, when employment had grown by 8 pct. Gross earnings in May
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Election results in Greece lift uncertainty, for now
Agorathe course of the past 5 years, polarized the political scene. On one hand, the coalition government.... Before the EU vote, some polls suggested a SYRIZA lead in excess of 5 percent while the performance of the junior coalition member, PASOK (or the Elia alliance), was seen at a dismal 5 percent
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Greek SMEs face biggest obstacles to finance in euro area, ECB finds
EconomyMacroeconomyidentified this as their biggest hurdle, which is well above the eurozone average of around 10 percent... for countries such as Germany (23 percent), but not for Greece where the respective rate of 5 percent remained by far the lowest. On a scale of 1 – 10, Greek SMEs rated importance of access to finance
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgrammeon recreational vessels whose length exceeds 5 metres, while the previously imposed tax rate of 10...) for fire and to 15 percent (from 10 percent) for autos. The corporate tax rate rises from 26 to 29... percent (from 2.1 percent) 5) Between 100,000 and 500,000 euros, the rate increases to 6 percent (from
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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammeregarding 2012 pension reform. According to the CoS, cuts of 5 to 15 percent in pensions above 1,000 euros...) Reduction by 50 percent in the subsidy expenditure for heating oil. 5) Increase the rate of the tonnage... criteria for large debtors owing more than 100,000 euros 10) Audit of wages and allowances
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The key elements of the draft agreement between Greece and lenders
EconomyProgrammeto clinch an agreement on the second review at the December 5 Eurogroup. We present the key... (airbnb) 5) Additional measures to be identified after the spending review or in other areas of non... a period of 30 days is set to at least 10 in companies employing more than 20 and less than 100 workers
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How Greece sleepwalked off a cliff in 2009, in black and white
Agorareaching somewhere between 10 and 12 percent of GDP. Just days before the report was issued and with all... that were short by 10 percent. The report anticipates revenues marginally recovering towards the end... in the fact that in 2009 the primary deficit was expected to reach somewhere between 4 and 5 percent of GDP
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Newsletter 175 -21/09/2018
, the levy on dividends being slashed from 15 to 5 percent, a 30 percent cut in the ENFIA property tax over... of under 5 percent and the highest of all EU countries. The mortgage sector has displayed poor..., transactions by credit or debit cards came to around 5 percent of GDP. By 2017, the year for which
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