Tag Archives: lower

“For a series of products, fruits and vegetables, we have lower prices than last year,” Prime Minister Kyriakos Mitsotakis tweeted on Monday after a visit to the central vegetable market of Athens in Renti. “The struggle to ensure that Greek consumers enjoy quality products at reasonable prices is continuing. I …

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Greece’s draft state budget for 2023 is expected to be finalized this coming week, before its tabling in Parliament on October 3. Basic features include lower taxes for citizens, particularly for pensioners and civil servants, by abolishing of a solidarity tax, and increases in salaries. The revenues lost will be …

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Greece’s National Vaccination Committee proposes 4th dose of vaccination against Covid-19 for all over 30 years old and a strong recommendation for the 4th dose (second booster shot) for all over 60. The online platform for the 4th dose appointments is expected to open soon, in the next days, media …

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A special lower Value Added Tax (VAT) rate for the five islands coping with the migration crisis has been extended until June 2021, the government announced on Friday. The lower VAT is for the islands of Lesvos, Chios, Samos, Leros and Kos. The extension is based the relevant Joint Ministerial …

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The Head of the Greek Parliament State Budget Office, Frangiskos Koutentakis, said that “the 3,5 percent of GDP primary surplus target remains reachable but with increased risk.” The State Budget Bureau said it favors the need to lower primary surplus targets, more so due to the fact that the relaxation …

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The International Monetary Fund has lowered its projections on Greek growth from last fall and warned against “unreasonable forecasts” and “unjustifiable frameworks” by the country’s European creditors. In its World Economic Outlook, published on Tuesday, the Fund argued that growth in Greece this year will come to 2.2 percent against …

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Leader of Greece’s major opposition New Democracy (ND) party, Kyriakos Mitsotakis vowed to lower the tax burden on entrepreneurs even without consulting with the country’s lenders and proceed with unilateral actions.. Speaking to Alpha TV on Tuesday evening, Mitsotakis stressing he was determined to move forward with his plan, even …

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In its Monetary Policy Report 2015-2016, the Bank of Greece urges for overhauling of the bailout agreement with 20-year extension of the loans, lower the Primary surplus target to 2%.  The report describes the high taxation as “recessionary” and calls for a shift of policy focus towards reforms and privatizations, …

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I read today that unemployment in Greece dropped down to 24.2% in February 2016. In comparison, general unemployment was at 24.4% in January 2016 and 25.8% in February 2015. That’s definitely good news even though I am not sure about the correspondence of real people to a percentage difference of …

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All Greek banks were needed was another bailout and capital controls. Both needs have been satisfied and now their liquidity has improved.  Therefore the Bank of Greece requested the European Central Bank to lower the Emergency Liquidity Assistance (ELA). The European Central Bank lowered on Tuesday the ceiling for emergency …

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