Sunday March 29, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Income criterion insufficient for social dividend distribution

By Thanos Tsiros

Almost half of Greeces households appear to have survived on a monthly income below 800 euros in 2012, according to a report compiled by the Finance Ministry, which showed that 2,751,856 taxpayers, along with their spouses and protected members, declared an annual income of up to 9,500 euros for that year.

The aim of the report is to provide data to the committee that is responsible for determining how 450 million euros from the primary surplus, known as the social dividend will be distributed.

The report, which has been seen by Kathimerini, shows that out of those 2,751,856 families, one in three has real estate assets worth up to 100,000 euros and some 600,000 families have properties valued between 100,000 and 150,000 euros.

These figures are thought to be linked to the reduction of incomes, the increase in unemployment and soaring tax evasion over the last few years. The comparison of tax statements in 2013 with those in 2012 showed that within just one year the number of families with an annual income of less than 9,000 euros increased by 207,743 to reach 2,547,413.

The data, presented by General Secretary for Public Revenues Haris Theoharis last week, has created serious concerns in the committee as to what the final criteria for the distribution of the 450 million euros should be. If a handout of 400-500 euros were to be given to the poorest households based solely on income and property value, the income threshold would have to drop below the poverty level, given that 1,030,643 households declared incomes below 5,000 euros for 2012.

Sources say that the committee also asked for help from the Manpower Organization (OAED) in order to determine which taxpayers who appear poor on paper are also long-term unemployed. It emerged that just 200,000 long-term jobless are among the 1,030,643 who declared an incomes of less than 5,000 euros. The others who have been out of work for more than 12 months have declared family incomes of 5,000 euros and above for 2012, possibly because their spouse has a job or they have another source of income.

ekathimerini.com , Sunday April 6, 2014 (21:13)  
Fitch downgrades Greece amid bailout uncertainty
Bank accounts continue to bleed
Hania and Athens are the top picks for Easter visitors
Landlords to pay tax on unpaid rent
Disabled convicts to be freed early
A bill allowing prisoners with serious disabilities to be released early is due to be submitted to Parliament next week despite objections from some opposition parties. The would-be legislat...
Greek energy minister starts two-day visit to Russia on Monday
Energy Minister Panayiotis Lafazanis is due to meet his Russian counterpart Alexander Novak and the chief executive of energy giant Gazprom, Alexey Miller, in Moscow on Monday. Lafazaniss m...
Inside News
BASKETBALL
Greens live dangerously in Istanbul
Panathinaikos played with fire in Istanbul, but still managed to beat Galatasaray 86-84 on Friday and climb to the third sport of its group two games before the end of the Euroleague top-16....
SOCCER
Greek federation backs injured Holebas
The Greek soccer federation on Friday insisted that international defender Jose Holebas had been dropped from team training in Austria because of injury and not for any other reason. Media r...
Inside Sports
COMMENTARY
Lets change the subject
Lets talk about the weather. The cloudy skies, the rain, storms and humidity, the overall heavy atmosphere. Its better to think of that than politics and politicians, whatever cuts they ma...
EDITORIAL
Too little, too late?
Many of the measures that are rumored to comprise part of the list that the Greek government is expected to submit to the European Commission, European Central Bank and the International Mon...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Disabled convicts to be freed early
2. Greek energy minister starts two-day visit to Russia on Monday
3. Opposition tells Tsipras to get control of his party
4. Vitsentzos Kornaros passenger ferry finally on its way
5. Foreign laborer dies after falling from 3rd floor of Iraklio building
6. A 5.3 Richter quake rattles area between Crete and Kasos
more news
Today
This Week
1. Fitch downgrades Greece amid bailout uncertainty
2. Opposition tells Tsipras to get control of his party
3. Let's change the subject
4. Greek energy minister starts two-day visit to Russia on Monday
5. Too little, too late?
6. Disabled convicts to be freed early
Today
This Week
1. Next Monday is D-Day for state funds
2. PM faces Merkel amid race to detail reforms
3. Some more equal than others
4. Greece to present reforms by Monday, says gov't spokesman [Update]
5. Looking at the Chinese model
6. Greece optimistic on deal with euro area next week
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.