Thursday Jul 31, 2014 Search
Weather | Athens
32o C
25o 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)  
Only 5 percent of stores see brisker business during this years summer sales
Euro flows reveal shift in sentiment as losses mount
EU puzzles over emergency funds for euro area bank crisis agency
Govt reins in spending of regions
Fake psychic caught in Thessaloniki after gaining 35,000 from victim
A 75-year-old woman has been arrested in Thessaloniki for pretending to be a psychic and convincing 58-year-old woman suffering from an illness to give her 35,000 euros. The 75-year-old woma...
Motorists refusing to pay tolls on Corinth-Kalamata highway to be monitored
Cameras are to be installed at toll booths on the Corinth to Kalamata national road in the Peloponnese to record the details of cars whose drivers fail to pay toll charges. The devices will ...
Inside News
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
SOCCER
Greek league recruits former referee Dallas
Former referee Hugh Dallas has been appointed as the head referee of the Greek Super League, the Hellenic Football Federation (EPO) said in a statement on Wednesday. The 56-year-old Scot ear...
Inside Sports
EDITORIAL
Populism eating up education
The fact that the issue of education is not topping the list of priorities for the current coalition government, but instead, has been left in the hands of incapable politicians is utterly i...
COMMENTARY
A valued but mistreated professional
I did not know much on a personal level about Dimitris Stefanou, Greeces former administrative reform general secretary who died earlier this week at the age of 46. I did, however, have a s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Fake psychic caught in Thessaloniki after gaining 35,000 from victim
2. Only 5 percent of stores see brisker business during this years summer sales
3. Motorists refusing to pay tolls on Corinth-Kalamata highway to be monitored
4. Euro flows reveal shift in sentiment as losses mount
5. EU puzzles over emergency funds for euro area bank crisis agency
6. Goalless draw at Liege puts Greens in driving seat
more news
Today
This Week
1. Euro flows reveal shift in sentiment as losses mount
2. EU puzzles over emergency funds for euro area bank crisis agency
3. Motorists refusing to pay tolls on Corinth-Kalamata highway to be monitored
4. Only 5 percent of stores see brisker business during this year's summer sales
5. Fake psychic caught in Thessaloniki after gaining 35,000 from victim
6. Wine cup used by Pericles found in grave north of Athens
Today
This Week
1. Quadriplegic woman on life support 'dies due to unpaid power bills'
2. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
3. Defense Minister Avramopoulos to represent Greece at European Commission
4. Front-line threats
5. Wine cup used by Pericles found in grave north of Athens
6. Greece names fifth privatization agency chief in four years
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.