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Greece ranked last in number of babies born outside of marriage in the EURecent data released by Eurostat has revealed that Greece has the lowest number of babies born outside of the marriage among all other countries in the EU.The data revealed that nine out of 10 babies in 2017 were born to parents who were married, highlighting that traditional values are still important among the general population.It’s a similar situation in Cyprus, which was ranked third last.
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New Democracy Cut Corporate Taxes, But Not for Middle ClassMoving swiftly to cut the corporate tax rate, the new New Democracy government which promised to help the middle class hasn’t moved to do that in a projected 2020 budget that shows that sector will keep carrying the crushing burden.Trying to lure foreign investors, Prime Minister Kyriakos Mitsotakis’ government slashed a 29 percent corporate rate set by the former ruling Radical Left SYRIZA to 24 percent and said it would reduced yet again in 2020 to 20 percent.But the budget for next year shows that those earning more than 1,000 euros will see reductions of just 1.5-2 percent, leaving open the question of whether they are in effect also subsidizing the corporate cuts.A total of 8.9 million individuals file tax returns in Greece, which come to a total of around 73 billion euros and wages and pensions account for 83 percent of total income, but declared incomes from dividends and businesses have fallen sharply because of overtaxation that has ramped up tax cheating.That leaves it to salaried workers and pensioners who are being called upon to shoulder the country’s tax burden. The total income tax on individuals amounts to 8.3 billion euros.
