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  1. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    billion 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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  2. Greek pensions: The thorniest issue in talks between Athens and lenders

    EconomyProgramme

    was 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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  3. 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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  4. Greece seeks to finalise 1 pct of GDP in new tax measures to close review

    EconomyMacroeconomy

    levy 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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  5. 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

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  6. 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

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  7. 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

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  8. 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

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  9. 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

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  10. 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

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