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Athens grapples with awkward reduction of tax-free threshold
EconomyProgramme. As a result, the tax credit was cut by up to 200 euros and ranged between 1,900 euros (for a single) up... in the tax-free threshold below the 6,000-euro mark, entailing a sharp cut in the tax credit by 600
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Labour reforms, fiscal measures loom largest as Athens resumes talks with lenders
PoliticsGreek Politicsthe ceiling be cut from 8,636 euros to 5,900 and it appears that this has been accepted by the Greek side... that government’s proposals include a 15 percent reduction in the ENFIA property tax, a 2-point cut
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Greece and lenders trap themselves over labour reforms
Agorafor personal incomes and another 1 percent of GDP cut in pension spending. Also, it might... be reduced, meaning pensions will not have to be cut so much. The problem is that the 2016 fiscal data
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgramme). The government initially proposed to cut the property levy by around 30-35 percent, while the institutions... would like to phase the reductions in over several years but the Fund favours a single cut, creating
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ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
EconomyMacroeconomypeaked to 91 billion euros. Although the ELA ceiling has been cut by 44.4 billion since... was cut by 200 million on February 2, remained stable on February 16 and eased by 100 million on March 9
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No return of institutions to Athens yet as differences persist
EconomyProgrammegroup, the counter-measures would include a cut in the first rate of personal income tax from 22... and a cut in the corporate income tax rate from 29 percent to 26 percent, where it was two years ago.
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How Cyprus re-entered the market
Agoraof its first international bond issue in June 2014 to cut in half the domestic "Laiki bond" - the bond... expensive debt. This has significantly cut the debt redemption spike in 2019-20, which was the period
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An unsettling role-reversal for Greece and Germany
Agorarelief for the country if that also meant that it would leave the euro. “If there was a debt cut... the problem,” Lindner told Bloomberg in August. “Greece gets a debt cut, the money is gone
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Coalition seeks to remove review obstacles, turn up pressure on opposition
PoliticsGreek Politicsin taxes. The latter has pledged to reduce corporate tax from 29 percent to 20 percent, cut ENFIA...” to support the tax cuts he has proposed. “Will he cut pensions? Will he reduce pay in the public
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Concerns raised about next year's pensions cuts
EconomyFeaturesEmployees at Greece's main social security fund have raised the alarm regarding the extent to which pensions will be cut next year, when Greece is expected to trim its spending on retirees by 1... 2016) would be cut by as much as 440 euros per month, with the majority of pensions falling
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