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  1. General gov't primary cash surplus shrinks in first half of 2015 as state arrears grow

    EconomyMacroeconomy

    and 573 million YtD to 2.34 billion in June. This corresponds to around 44 percent of total arrears... to 1.11 billion making up around 21 percent of total. State budget arrears reached 601 million in the first half, accosting for more than 11 percent of total, while their YtD increase was the third

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  2. Hotel guest numbers up 8.7 percent in 2014

    Economy

    that in 2014 a total of 17.7 million people booked into hotels and campsites, compared to 16.3 million in the previous year. These 17.7 million guests stayed a total of 75.4 million nights, which... arrivals slipped from 34.7 to 31.9 percent, while their proportion of the total nights spent also

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  3. General gov't primary cash surplus widens notably to 4.84 bln by October

    EconomyMacroeconomy

    million. The outstanding stock currently stands at 2.73 billion, making up 46.6 percent of total arrears. Hospitals’ arrears amount to 1.19 billion euros and accounting for 20.3 percent of total. They have..., with marginal change in the course of the year. They correspond to 12.9 percent of total arrears. State

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  4. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears... of outstanding debt shows EFSF/ESM/IMF loans stood at 219 billion making up 68.2 percent of total debt

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  5. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    , with the absolute figure reaching 3.03 billion in July. It made up 44 percent of total arrears. Hospital... of total) in July. State budget arrears grew by 226 million to 677 million by July, while tax refunds’ arrears of 1.36 billion remain the second major contributor to the total figure with their stock up

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  6. Central government debt drops to 323.7 bln in Q3 on bond repayments
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of FSM loans in Q3 involve EU financial aid of 212.7 billion in total, of which 52.9 billion relate..., accounting for 17.5 percent of total debt. Of this amount, 38.8 billion are held by private investors and 18... flat for yet another quarter at 14.87 billion, making up 4.6 percent of total debt. Moreover, repos

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  7. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    countries. The report also displayed the contribution of various taxes to total taxation varies... 43.4 percent of the total figure in Greece, well above the OECD average of 32.6 percent. Social security contributions to total taxes of 28.7 percent in Greece are also higher than the average

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  8. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    billion holds the lion’s share making up 51.7 percent of total expenditure followed by compensation of 13 billion accounting for almost 21 percent of the total figure. Arrears Arrears to the private... on October 21, total arrears have grown by 323 million in the 10-month period. The biggest increases

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  9. General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln

    EconomyMacroeconomy

    million to 5.22 billion. Social benefits of 35.45 billion euros accounted for 51.7 percent of total expenditure, followed by compensation at 14.34 billion making up around 21 percent of the total figure... billion at the end of November, making up 42.4 percent of the total. They were followed by tax

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  10. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    make up 46.5 percent of the total stock, with tax refund arrears following at 1.21 billion (25.1... of total. Extrabudgetary funds arrears amounted to almost 400 million (8.3 percent of total). Debt..., making up almost 70 percent of total debt. Moreover, bonds stood at 56.72 billion (17.4 percent

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