Monday September 22, 2014 Search
Weather | Athens
31o C
22o 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)  
Greek current account surplus shrinks in July
Investors snap up euro zone banks, exporters in ECB bet
Euro touches 14-month low before Draghi testimony
Draghi effect subsiding leaves pressure building on ECB chief
Griveas and wife bailed over Hellenic Postbank loans
Businessman Kyriakos Griveas and his wife Anastasia Vatsika, wanted in connection to alleged bank fraud, were released on bail Monday after facing a magistrate in Athens. The judge asked Gri...
Athanasiou denies Golden Dawn MPs getting better treatment in jail
Justice Minister Haralambos Athanasiou has denied that Golden Dawn MPs and members being held in pre-trial custody at the womens wing of Korydallos Prison are receiving preferential treatme...
Inside News
SOCCER
Reds beat Veria to claim league lead
Olympiakos thumped hitherto Super League leader Veria 3-0 on Saturday to go alone on top of the table for the first time after four rounds of games. Four days after putting three past Atleti...
SOCCER
Triumph for PAOK, historic result for Asteras in Europa League
Greek teams produced a patchy record on the opening night of the Europa League group stage on Thursday, as PAOK thrashed Dynamo Minsk, Asteras Tripolis snatched a draw at Besiktas and Panath...
Inside Sports
COMMENTARY
Universities threatened by transfers
The problem arising from the abuse of the Greek university transfer system whereby some students are allowed to move to an institution of their choice instead of the one they were admitted...
EDITORIAL
Capital changes
A sizable part of the middle of the Greek capital has been slated to receive a significant makeover with the implementation of an urban restructuring project which includes turning a key cit...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Griveas and wife bailed over Hellenic Postbank loans
2. Athanasiou denies Golden Dawn MPs getting better treatment in jail
3. Minister says prosecutors may be brought in if civil service evaluation is blocked
4. Italy to return ancient Greek coins seized in 2008
5. Greek current account surplus shrinks in July
6. Civil servants union calls new strike over evaluation
more news
Today
This Week
1. Alexander the Great's tomb not at Amphipolis, says Culture Minister
2. Euro touches 14-month low before Draghi testimony
3. Draghi effect subsiding leaves pressure building on ECB chief
4. Investors snap up euro zone banks, exporters in ECB bet
5. Venizelos denies jihadis are being trained in Greece
6. Kerry pledges greater US role in Cyprus peace talks
Today
This Week
1. Greece at bottom of social justice scale among EU28
2. Greece can meet its needs on its own
3. Central Athens traffic restrictions back in force on Monday
4. Lost in the fog
5. Record sum of new debts to the state in August
6. Democracy under Pressure | Live Streaming
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.