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A tax credit for Greece: The significance of an independent public revenue service
Agoracollection was in such a bad state, the importance of reforming the revenue service, the role... of creating an independent, or partially independent public revenue service, but never quite... of a huge storm? Better knowledge of the country’s institutional problems, real experience of reforms
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Newsletter 267 -02/10/2020
services (3.3 percent). Although increasing compared to 2018, ELSTAT showed that the average monthly
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The legal framework and latest developments in international investment arbitration
Legalarbitration provision in the Achmea case is contrary to Articles 344 and 267 of the Treaty... treaties, as well as by establishing, under Article 267, a preliminary reference procedure... of capital (Articles 267 and 344 TFEU), and the principle of non-discrimination set forth in Article 18
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July current account shows surplus of 1.58 bln as tourism drives services surplus
EconomyMacroeconomyin travel payments. Financial account Residents’ net external assets rose by 267 million euros during... by strong performance in the services surplus which offset a deepening of the balance of goods deficit... in the services balance, the surplus of which rose by 14.3 percent YoY to 3.75 billion
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Feb current account deficit at 990.4 mln as services balance improves
EconomyMacroeconomywas mainly driven by a deterioration in the balance of goods which worsened by 267 million euros... by improvements in the services balance and primary income account. The deficit of the balance... driven by the non-oil balance of goods worsening by 9.2 percent. The services balance improved
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Greek fiscal deficits and debt since 2000
Agoraprospective debt service payments. Strong liquidity in the government’s finances improves debt service confidence, whereby interest costs will be lower, and rolling over existing debt will be easier... and the total. Greece ran a cumulative deficit of €267 billion over the period 2000-2020. The biggest
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Primary surplus confirmed at 3.34 bln in Dec, misses annual target by 367 mln
EconomyMacroeconomythe target by around 267 million euros. On a monthly basis, the primary balance came to a deficit... 5.42 billion euros, off target by 922 million euros. The MoF noted that the shortfall was mainly... billion euros. The negative balance in the aggregate period was off target by 406 million euros
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economythat had secured certain levels of work experience per three years increments before February 2012. A married worker with 9 years of work experience as of February 2012 will see their monthly wage... the company 813 euros per month, with social security contributions reaching 267 euros and no income tax
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General govt primary cash surplus at 3.51 bln in August, arrears fall by 306 mln
EconomyMacroeconomy). Arrears Arrears to the private sector (including tax refund arrears) rose by 306 million and came to 3.04... million in compensation, 456 million in the purchase of goods and services and a rise of 90 million
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros... negative one-off items, which shank to 18 million in Q1 from 575 million in Q4. The bank consolidated..., which fell 13 percent to 267 million and reflect cost savings related to the implementation
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