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Greece leads way in cutting spending on healthcare, finds OECD

Thu, 21 Nov 2013 09:56:00 GMT

Greece made the biggest reduction in its healthcare budget of any OECD country between 2009 and 2011, cutting spending by more than 11 percent, according to a report published on Thursday. The OECD’s , Health at a Glance 2013 report shows the efforts that have been made to rein in expenditure

OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

Thu, 15 May 2014 18:01:00 GMT

The Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three...

Newsletter 175 -21/09/2018

Fri, 21 Sep 2018 07:08:00 GMT

that cutting pensions now would also be damaging for the economic recovery as it would take money away from... that cutting pension spending by 1 percent of GDP from January, a few months before the general... for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent before

Parties' competing tax pledges come up against challenging reality

Tue, 11 Jun 2019 12:01:00 GMT

of a compulsory leg and a conditional one. Greece has committed in advance to cutting the personal... of expansionary counter-measures of equal value. These measures consisted of cutting the base tax rate... growth with business-friendly policies, but also plans to raise 2 billion euros from cost-cutting

A summit of little substance

Tue, 29 Oct 2013 13:34:00 GMT

unemployment, financing the economy and cutting red tape; deepening the Economic and Monetary Union... unemployment, financing the economy and cutting red tape (‘REFIT’), there were no major new initiatives... their standing, putting mainstream political parties under greater pressure, and fostering the radicalisation

What is the state of play with Greek banks?

Tue, 08 Oct 2013 14:29:00 GMT

, other cost cutting initiatives, lower funding cost and disposal of non-core assets will also... on net interest income in the next quarters. Cost cutting is the second positive factor on the pre

Newsletter 58 - 15/01/2016

Fri, 15 Jan 2016 14:06:00 GMT

. The government strongly insists on increasing revenues rather than cutting costs (i.e. pensions... of preferences is a near impossible task. It is made more complicated by the fact that the IMF sees cutting

Newsletter 108 - 24/02/2017

Fri, 24 Feb 2017 13:20:00 GMT

percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent..., may be lowered below the 6,000-euros mark, entailing cutting the tax credit down to 1,300 euros

Labour market reforms did exactly what they were supposed to

Mon, 16 Oct 2017 12:12:00 GMT

, cutting private wages would have increased income inequality across the society. However, private... translate into lower labour costs in 2011, Greece’s lenders wanted to accelerate the reduction by cutting

Focus turns to first post-MoU visit by creditors and talks on pension cuts

Wed, 22 Aug 2018 13:53:00 GMT

that cutting pension expenditure by 1 percent of GDP is not necessary in fiscal or structural terms... cutting pensions next year, this could impact on the tax cuts and spending increases the government