The country’s fiscal record is being sacrificed to the containment of the recession and unemployment, as the 2020 budget now appears destined for a deficit of 7% of gross domestic product.
Tourism enterprises stand to benefit considerably from the 60% reduction of non-salary costs for three months, included in the new package of support for seasonal enterprises that Prime Minister Kyriakos Mitsotakis announced last Friday.
The government is set to take another step toward supporting employment, not only by helping protect existing jobs but also by subsidizing the creation of new ones.
Starting next month, Greek pensioner will be receiving their main and auxiliary pensions at the same time, Labor and Social Security Minister Yiannis Vroutsis told Skai TV on Saturday.
The Independent Authority for Public Revenue (IAPR) conducted extensive inspections in Greek cities last month and found that almost one in three cars with foreign license plates was illegal.
The E-Kyklos think tank is organizing an online public discussion on Tuesday on “Security Challenges in NATO’s Southern Flank,” at 6 p.m.
Almost four in five companies will be relieved of corporate tax payment this year, either because they reported losses in 2019, or because they will show a zero net result in this year’s tax declaration.
Greek authorities announced nine new cases of coronavirus and no fatalities in the past 24 hours Sunday.
In an interview to the Financial Times, Prime Minister Kyriakos Mitsotakis says that he would not accept a return to the sort of strict and unpopular oversight once imposed on Greece by its creditors in return for EU emergency aid to deal with the effects of the coronavirus.
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