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Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

Mon, 09 May 2016 11:17:00 GMT

, meaning 1 hiring per 5 departures in 2016, 1 hiring per 4 departures in 2017 and 1 hiring per 3... reforms but also on other measures, each yielding 1 percent of GDP to a total of 3 percent of GDP (5.4... percent, expected to be effective from July 1 and with estimated revenues of around 450 million euros

Poverty rate rises in 2021; even after social transfers 1 in 4 children are at risk

Mon, 05 Sep 2022 10:10:00 GMT

The latest living conditions published by ELSTAT on Friday shows that poverty resumed an upward trend in 2021 after a series of declines that started in 2014, with 2020 marking the most recent annual low. The risk of poverty threshold has dropped to 5,2...

Apartment prices up by 4 pct in Q1 for highest increase since 2007

Tue, 11 Jun 2019 11:08:00 GMT

The rise in the nominal value of apartments in Greece came to 4 percent year-on-year (YoY..., property prices rose by 1.5 percent compared to an average price contraction of 1 percent in 2017... to a decrease of 1.2 percent in 2017. Properties up to five years old saw price increases of 4 percent

Greece seeks to finalise 1 pct of GDP in new tax measures to close review

Wed, 06 Apr 2016 08:41:00 GMT

measures related to pension reform and direct taxes - each yielding 1 percent of GDP (1.8 billion euros) - the government has to identify additional measures of 1 percent of GDP to cover the fiscal gap of 3... to cover this last 1 percent of GDP are primarily focused on raising (indirect) tax revenues and include

Industrial production down by 4 pct in May after three successive rises

Fri, 10 Jul 2015 11:19:00 GMT

After rising in the preceding three months, the Greek Industrial Production Index (IPI) fell by 4 percent in May following an upward revised 1 percent growth in April, according to the Hellenic Statistical Authority (ELSTAT). The May headline figure indicates the second negative reading so far

Greek 2017 primary surplus confirmed at 4 pct, well above target

Mon, 23 Apr 2018 12:21:00 GMT

, or 4 percent of GDP. These figures are broadly in line with Greece’s fiscal performance in 2016 when... year, further savings have been agreed worth 1 percent of GDP, more than 1.8 billion, from

Economic sentiment improves to 108 in May, consumer confidence also recovers by 4 pts

Mon, 30 May 2022 11:44:00 GMT

following the pandemic, has hit some turbulence. The index rose by 4 points to -51.3 points..., industry confidence is up by 3.8 points. The services index increased by 1 point to 20.4. Services

Primary balance 4 bln above target in Jul due to underspend and tax performance

Mon, 19 Aug 2024 06:44:00 GMT

seven months, the primary balance outperformed by over 4 billion euros above the target. Expenditure... euros and roughly 1 billion euros in non-allocated expenditure. Interest payments came to 5.84

Are hirings in the public sector out of control?

Tue, 17 Apr 2018 10:52:00 GMT

and local government and the public bodies supervised by them is subject to a strict 1:4 (previously 1:5..., while the number of permissible hires for 2017 under the 1:4 rule was 2,453, the government claimed... not violate the 1:4 attrition rule, thanks to legislation brought in in 2016 which loosened hiring caps

CPI rises by 1 pct in August, staying positive for fifth month

Mon, 10 Sep 2018 10:02:00 GMT

Greece’s Consumer Price Index (CPI) rose by 1 percent in August after a rise of 0.9 percent in July... that the figure has landed at 1 percent. The average CPI for the latest 12-months since August 2017 remained...), health (+1.5 percent) and hotels, cafes and restaurants. Smaller rises ranging between 1 percent and 0.2