BFW 06/22 19:41 Greek Govt Says Its Proposal Foresees ESM Buying ECB Bonds
BN 06/22 19:29 *GREEK GOVT SAYS IT'S READY TO LEGISLATE MINIMUM WAGE INCREASE
BN 06/22 19:28 *GREEK GOVT PROPOSAL SEES CORPORATE TAX RATE RAISED TO 29%
BN 06/22 19:26 *GREEK GOVT OFFICIAL COMMENTS IN E-MAILED STATEMENT
BFW 06/22 19:25 *GREEK GOVT SAYS ISSUE OF DEBT AND FINANCING MUST BE ADDRESSED
BFW 06/22 19:24 *GREEK GOVT SAYS ITS PROPOSAL FORESEES ESM BUYING ECB BONDS
BN 06/22 19:29 *GREEK GOVT SAYS IT'S READY TO LEGISLATE MINIMUM WAGE INCREASE
BN 06/22 19:28 *GREEK GOVT PROPOSAL SEES CORPORATE TAX RATE RAISED TO 29%
BN 06/22 19:26 *GREEK GOVT OFFICIAL COMMENTS IN E-MAILED STATEMENT
BFW 06/22 19:25 *GREEK GOVT SAYS ISSUE OF DEBT AND FINANCING MUST BE ADDRESSED
BFW 06/22 19:24 *GREEK GOVT SAYS ITS PROPOSAL FORESEES ESM BUYING ECB BONDS
MORE: Greek Govt Says It’s Ready To Increase Minimum Wage
2015-06-22 20:08:46.686 GMT
By Nikos Chrysoloras
(Bloomberg) -- Greece’s proposal to creditors includes
increase in corporate tax rate to 29% from 26%, as of next year,
a govt official says in e-mail to reporters.
* Corporations with net income over EU500,000/yr will pay tax
surcharge of 12%, on top of regular tax, according to Greek
proposal
* Govt plan includes phasing out of early retirement options
from 2016 to 2025
* Govt plan includes phasing out and replacement of
supplementary pension, known as EKAS
* Govt stands ready to reinstate collective bargaining,
legislate increase in minimum wage
* Greek govt rejected creditors’ demand to privatize electric
grid operator, split of Public Power Corp.
* Govt plan sees nuisance taxes maintained to support pension
system
* Sale of govt stake in Hellenic Telecommunications
Organization isn’t considered a prior action for
disbursement of next tranche
* Plan includes solidarity levy surcharge of 0.7% on those
earning over 12,000/yr, 1.4% on those earning over
20,000/yr, 2% on those earning over 30,000/yr, 4% for those
earning over 50,000/yr, 6% for those earning over
EU100,000/yr, 8% for those making over EU500,000/yr
* Govt proposal sees taxes on VLT machines, TV advertisement,
introduction of luxury tax for cars over 2,500cc, pools,
private jets
* Govt proposal includes reduction in defense spending of
EU200m
Link to Company News:{2539Z GR <Equity> CN <GO>}
Link to Company News:{PPC GA <Equity> CN <GO>}
Link to Company News:{HTO GA <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
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To contact the reporter on this story:
Nikos Chrysoloras in Athens at +30-210-7419022 or
nchrysoloras@bloomberg.net
To contact the editor responsible for this story:
Marco Bertacche at +39-02-8064-4233 or
mbertacche@bloomberg.net
2015-06-22 20:08:46.686 GMT
By Nikos Chrysoloras
(Bloomberg) -- Greece’s proposal to creditors includes
increase in corporate tax rate to 29% from 26%, as of next year,
a govt official says in e-mail to reporters.
* Corporations with net income over EU500,000/yr will pay tax
surcharge of 12%, on top of regular tax, according to Greek
proposal
* Govt plan includes phasing out of early retirement options
from 2016 to 2025
* Govt plan includes phasing out and replacement of
supplementary pension, known as EKAS
* Govt stands ready to reinstate collective bargaining,
legislate increase in minimum wage
* Greek govt rejected creditors’ demand to privatize electric
grid operator, split of Public Power Corp.
* Govt plan sees nuisance taxes maintained to support pension
system
* Sale of govt stake in Hellenic Telecommunications
Organization isn’t considered a prior action for
disbursement of next tranche
* Plan includes solidarity levy surcharge of 0.7% on those
earning over 12,000/yr, 1.4% on those earning over
20,000/yr, 2% on those earning over 30,000/yr, 4% for those
earning over 50,000/yr, 6% for those earning over
EU100,000/yr, 8% for those making over EU500,000/yr
* Govt proposal sees taxes on VLT machines, TV advertisement,
introduction of luxury tax for cars over 2,500cc, pools,
private jets
* Govt proposal includes reduction in defense spending of
EU200m
Link to Company News:{2539Z GR <Equity> CN <GO>}
Link to Company News:{PPC GA <Equity> CN <GO>}
Link to Company News:{HTO GA <Equity> CN <GO>}
For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}
To contact the reporter on this story:
Nikos Chrysoloras in Athens at +30-210-7419022 or
nchrysoloras@bloomberg.net
To contact the editor responsible for this story:
Marco Bertacche at +39-02-8064-4233 or
mbertacche@bloomberg.net