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This is where the last few days have left Greece and lenders
Agorameasures demanded by the creditors are the reduction of the tax-free threshold for personal incomes..., closer to 2.5 billion euros. As a result, it is not yet clear what level the tax-free threshold... the tax-free threshold means widening the tax base, which is intended to free up fiscal space so
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Newsletter 111 - 17/03/2017
. The IMF has demanded a reduction in the tax-free threshold, aiming for additional revenues of 1 percent of GDP (1.8 billion) as of 2019. This would entail pushing the tax-free threshold down... May and applies to 2016 personal incomes. Such a reduction in the tax-free threshold would mean
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeas the pension cuts and reduction in the tax-free threshold yielding 1 percent of GDP each in 2019 and 2020... yielding 1 percent of GDP by lowering the tax-free threshold. This is due to be implemented in 2020... with three children. This means the tax-free threshold would be cut to 5,681 (from 8,636 currently
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Tsipras clears hurdle but isn't over finishing line
AgoraMinister Euclid Tsakalotos had once said he would resign rather than reduce the tax-free threshold... or to dampen the impact on low-income earners as far as the reduction in the tax-free threshold... cuts and lowering of the tax-free threshold. The ultimate political prize for the Greek prime minister
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Ahead of vote, Tsakalotos appeals to SYRIZA MPs with positive message
PoliticsGreek Politicson Thursday, Tsakalotos sought to put them at ease about the reduction of the tax-free threshold... a single person’s threshold falling from around 8,600 euros to nearly 5,600, would not be as dramatic... percent would mean that the tax-free threshold would actually be at around 6,250 euros. Of course
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Newsletter 153 -2/03/2018
, such as when the reduction of the tax-free threshold will be implemented, will have to be tackled... in 2019 and 1 percent of GDP to be raised from reducing the tax-free threshold for incomes in 2020... reading above the 50-mark threshold. February’s headline figure is the highest since June 2000
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The first cut is the deepest? Greek pension reforms in context
EconomyFeaturesthe poverty threshold (defined as 60 percent of the median income) than all other employment categories... that living standards have worsened for everyone. The poverty threshold has falling as the median income declines, so a higher percentage pensioners would fall below the 2009 poverty threshold, as would
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For better or worse: Greece's bailout exit deja vu
Agoraand a lower tax-free threshold for 2019 and 2020 and that all these constitute a fourth programme... around half of its volume as “a rope around Greece’s neck.” Pension cuts and tax-free threshold..., by expanding the tax base through lowering the tax-free threshold. Greece was also granted the right
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Greece's golden visa scheme brings revenues, but risks as well
EconomyFeaturessince 2011, focuses on high net worth investors. It has a higher threshold of 2 million euros and had... price to meet the “golden visa” threshold and then returning a portion of the funds to the buyer.... When Latvia raised the minimum investment threshold and introduced tougher security and money
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economy, surpassing the upper threshold of the committee of wise men that had recommended a rise between 5 and 10... on the current tax-free threshold, a single and unskilled worker on the new minimum wage will cost... 300 euros. The Greek government has pre-legislated that come 2020 the tax-free threshold
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