> economy
> economy
Pierrakakis Regulation: Property transfers and parental donations unblocked for tax-compliant public debtors
Thousands of citizens freed from “hostage” status – Company shareholders (over 5%) will be able to sell personal real estate with just a 7% withholding instead of the current 70%, but must pledge another property of equal value as collateral – Parental donations will be permitted freely, but the transferred property will be mortgaged to the State
Stournaras: The deal between Alpha Bank & Unicredit shows that Greece is back – What he “sees” for ECB interest rates
If the economy deteriorates and inflation falls sustainably below 2% we will move to cut interest rates, but "we will go meeting by meeting to see what we do next", Stournaras told Bloomberg TV
Analysis: New data, but no breakthrough in US-China relations after the Trump-Xi phone call
After the phone call, Trump wants to "drag" Xi Jinping to the White House, but the latter is in no hurry - Beijing maintains its red lines and will not accept any fait accompli
VAT: Mandatory IBAN declaration for VAT refunds from 1 July
If an IBAN is registered in the Registry the first time a VAT refund is requested, there is no need to declare it again for future refund requests
Half a billion from defense spending freed up for benefits – Outcome of Athens-Brussels negotiations
Half a billion euros in defense spending is being repurposed to create fiscal space for new benefits. This amount will be added to the budget margin expected to open up toward the end of this year, allowing the government to finance permanent support measures and tax cuts
