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Athens Macedonian News Agency: News in English, 15-12-03

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Implementation of Greece's second package of prior actions by Dec. 11, senior EU official says
  • [02] Alternate Migration Min Mouzalas aks for the activation of EU Civil Protection Mechanism
  • [03] Greece records third highest tax ratio increase in OECD, report
  • [04] Europarliament strengthens its role in rescue programs

  • [01] Implementation of Greece's second package of prior actions by Dec. 11, senior EU official says

    BRUSSELS (ANA-MPA/ M. Aroni) - The Greek authorities will have to implement the second package of prior actions by December 11 so that the 1 billion euro tranche is disbursed the following week, a senior eurozone official said on Thursday.

    The same official said that the amount should be disbursed by the end of the year otherwise it will be available again after the next evaluations of the third programme, within 2016.

    He also estimated that the discussion on Greece will be short at the December 7 Eurogroup and "there would be no political conclusions."

    [02] Alternate Migration Min Mouzalas aks for the activation of EU Civil Protection Mechanism

    Alternate Migration Policy Minister Yiannis Mouzalas on Thursday called on the European Union to activate the Civil Protection Mechanism.

    "We asked for that today, and not some months ago because we were not in a position then to weigh our exact needs," he underlined.

    [03] Greece records third highest tax ratio increase in OECD, report

    Greece recorded the third highest tax ratio increase among OECD countries in the 2013-2014 period, with an 1.5 percentage point increase, following Denmark (3.3 percentage points) and Icreland (2.8 percentage points), the Organization for Economic Cooperation and Development said on Thursday.

    In its annual Revenue Statistics publication, the Paris-based organization said that the tax burden in Greece increased from 31.2 pct to 35.9 pct between 2007 and 2014. Two other countries; Denmark and Turkey showed increases of more than 4 percentage points over the same period. The largest falls were in Norway (1.4 percentage points) and Czech Republic (0.8 percentage points). Luxembourg and Turkey showed falls of 0.6 percentage points.

    Corporate tax revenues have been falling across OECD countries since the global economic crisis, putting greater pressure on individual taxpayers to ensure that governments meet financing requirements, according to new data from the OECD's annual publication.

    Average revenues from corporate incomes and gains fell from 3.6 pct to 2.8 pct of gross domestic product (GDP) over the 2007-14 period. Revenues from individual income tax grew from 8.8 pct to 8.9 pct and VAT revenues grew from 6.5 pct to 6.8 pct over the same period.

    [04] Europarliament strengthens its role in rescue programs

    BRUSSELS (ANA-MPA/ M. Spinthourakis) - The president of the European Parliament (EP) Martin Schulz said on Thursday that it asked the Committee on Economic and Monetary Affairs of the Europarliament "to prepare a specific plan for strengthening the role of the European Parliament (EP) in monitoring the rescue programs in Greece and other countries, as requested by Greek Prime Minister Alexis Tsipras."

    The issue was discussed at a meeting of the EP Conference of Presidents, comprising by the President of the EP and the leaders of political groups, on Wednesday.


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