09/12/2010 07:29
The major issue in today’s financial press is the meeting of the President of the Republic with AKEL and DIKO yesterday, when they agreed on the fiscal consolidation measures.
The “Economy” inset of newspaper “Phileleftheros” refers to the agreement that AKEL and DIKO reached for the package of measures. According to the report, during the meeting of President Christofias with Andros Kyprianou and Marios Karoyian, all parties agreed on the taxation of the banks for two years, the imposition of 5% VAT on food and medicine, the additional cut in state expenditure (€40m) and the restratining of the state payroll (€35m).
Elsewhere the newspaper reports that C.A Papaellinas was vindicated by the Supreme Court since the decision of the VAT Superintendent for the change of the tax periods was cancelled.
Other headlines:
- SYNYKA claims retrospective compensation
- Report for the budget with notes for the crisis
- Connection of IRD – VAT files
- They sold properties against €12m and they declared deals of €8m
The “Economy” inset of newspaper “Politis” refers to the meeting of President Christofias with AKEL and DIKO yesterday. All parties agreed to increase the consumer taxes on tobacco, to proceed with a new billion for the water with a benefit of €10 million, to cut the number of the public employees and to start talks for the pensions.
“Politis” also refers to the arrest of Aspis Chairman, Pavlos Psomiades after the issue of a warrant for cheating investors of Aspis Capital.
Other headlines:
- Wrong regulation for faster VAT collection
- €75m for unemployment benefits
- New branch of Banca Transilvania in Limassol
- Losses of 0.44% in the CSE
The newspaper “Simerini” reports that the leaders of the coalition parties AKEL and DIKO agreed with the President of the Republic yesterday on the package of fiscal consolidation measures, which provides for savings of €190 million.
The “Economy” inset of the newspaper refers to the reply of IRD Manager, Giorgos Poufos to the General Auditor on the uncollected debts to the IRD.
Other headlines:
- Auditor talks about penal offenses
- Budget report ready
- No to cutbacks for tourism
- They give €200m, they take €500m – DISY proposal for amendment in pension system
The newspaper “Haravgi” highlights that the government, AKEL and DIKO reached an agreement yesterday on the fiscal consolidation measures. Today, the package will be submitted to the collective bodies of the two parties so that the final decisions are taken.
The “Economy” inset of the newspaper refers to the joint meeting of the House Interior and European Affairs Committees yesterday, which focused on the viability of the Social Securities Fund and the pension systems.
Other headlines:
- Three-year framework for Budget
- Actions for social incorporation
- Small losses in the CSE
- EU: Expensive roaming calls
The newspaper “Alithia” reports that AKEL and DIKO reached an agreement for the fiscal consolidation measures yesterday. According to the report, with this package, the state revenues will reach €250 million.
The “Economy” inset of the newspaper refers to the state budget 2011. According to the report, the House talks will start today.
Other headlines:
- Public employees to contribute too
- House votes – Big agenda for today
- Overtimes and sick leaves push bills up – General Auditor for EAC
- CSE slightly down
The “Economy” inset of newspaper “Phileleftheros” refers to the agreement that AKEL and DIKO reached for the package of measures. According to the report, during the meeting of President Christofias with Andros Kyprianou and Marios Karoyian, all parties agreed on the taxation of the banks for two years, the imposition of 5% VAT on food and medicine, the additional cut in state expenditure (€40m) and the restratining of the state payroll (€35m).
Elsewhere the newspaper reports that C.A Papaellinas was vindicated by the Supreme Court since the decision of the VAT Superintendent for the change of the tax periods was cancelled.
Other headlines:
- SYNYKA claims retrospective compensation
- Report for the budget with notes for the crisis
- Connection of IRD – VAT files
- They sold properties against €12m and they declared deals of €8m
The “Economy” inset of newspaper “Politis” refers to the meeting of President Christofias with AKEL and DIKO yesterday. All parties agreed to increase the consumer taxes on tobacco, to proceed with a new billion for the water with a benefit of €10 million, to cut the number of the public employees and to start talks for the pensions.
“Politis” also refers to the arrest of Aspis Chairman, Pavlos Psomiades after the issue of a warrant for cheating investors of Aspis Capital.
Other headlines:
- Wrong regulation for faster VAT collection
- €75m for unemployment benefits
- New branch of Banca Transilvania in Limassol
- Losses of 0.44% in the CSE
The newspaper “Simerini” reports that the leaders of the coalition parties AKEL and DIKO agreed with the President of the Republic yesterday on the package of fiscal consolidation measures, which provides for savings of €190 million.
The “Economy” inset of the newspaper refers to the reply of IRD Manager, Giorgos Poufos to the General Auditor on the uncollected debts to the IRD.
Other headlines:
- Auditor talks about penal offenses
- Budget report ready
- No to cutbacks for tourism
- They give €200m, they take €500m – DISY proposal for amendment in pension system
The newspaper “Haravgi” highlights that the government, AKEL and DIKO reached an agreement yesterday on the fiscal consolidation measures. Today, the package will be submitted to the collective bodies of the two parties so that the final decisions are taken.
The “Economy” inset of the newspaper refers to the joint meeting of the House Interior and European Affairs Committees yesterday, which focused on the viability of the Social Securities Fund and the pension systems.
Other headlines:
- Three-year framework for Budget
- Actions for social incorporation
- Small losses in the CSE
- EU: Expensive roaming calls
The newspaper “Alithia” reports that AKEL and DIKO reached an agreement for the fiscal consolidation measures yesterday. According to the report, with this package, the state revenues will reach €250 million.
The “Economy” inset of the newspaper refers to the state budget 2011. According to the report, the House talks will start today.
Other headlines:
- Public employees to contribute too
- House votes – Big agenda for today
- Overtimes and sick leaves push bills up – General Auditor for EAC
- CSE slightly down
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