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Newsletter 202 -12/04/2019
owes to the IMF has an interest rate of nearly 5 percent. From a debt sustainability and fiscal... Unemployment rate at 18.5 pct January jobless rate inches up after several successive drops Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward
6% -
Annual report shows majority of debt in official hands on favourable terms
Economyinterest rate of 3.375 percent. At the end of 2018, the stock of repos stood at 24.52 billion. The average... of the new borrowing stood at 1.39 percent, excluding the repo agreements. Interest rate derivatives... the variable rate debt to a historically low fixed rate. This strategy benefited from historically low
6% -
Newsletter 214 -12/07/2019
of the VAT rate so that all food products and everything served in the catering sector have a 13 percent rate. With all eyes on what happens with the economy, the National Bank of Greece became the first... Rate falls below 18 percent for first time since July 2011 Greece’s seasonally adjusted (SA
6% -
New overdue taxes rise continues to decelerate, total debt at 104.73 bln
EconomyMacroeconomyto 3.36 billion euros compared to 2.93 billion in May. The VAT collectability rate came to 85.9 percent... month. On an aggregate basis, in the first half of 2019, the VAT collectability rate came to 84.3... to 8.37 million from 11.10 million. The collectability rate for the month rose to 49.2 percent
6% -
New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
EconomyMacroeconomyto 3.64 billion euros compared to 3.36 billion in June. The VAT collectability rate came to 84.9... collectability rate came to 84.2 percent, with 6.24 billion paid out of 7.41 billion due. Income tax due increased in July to 1.04 billion. The collectability rate for the month rose to 69.8 percent
6% -
Newsletter 223 -11/10/2019
growth rate for next year from 2.3 to 2.8 percent, in the impact of lower business taxes even though... Greece sell 3-month T-Bills on Wednesday at a negative rate of -0.02 percent, as another sign... Office last week to iron out the differences. 2 Unemployment at 16.9 pct in July Headline rate falls
6% -
Despite differing views IMF and EC see no immediate debt sustainability concerns
EconomyProgrammeoperation by Greece’s debt managers in essentially fixing the interest rate of the GLF loans of the first... billion of loans and removes a substantial portion of interest rate variation and risk. The IMF... to National Bank of Greece with fixed coupons, managing to reduce debt by 700 million, lower interest rate
6% -
New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month
EconomyMacroeconomyin February. The VAT collectability rate came to 87.3 percent in March. The amount of VAT due came to 356.5 million. For the first three months of the year, the VAT collectability rate came to 81.3 percent..., with a collectability rate of 56 percent. For the first three months of 2020, of the 91.7 million due
6% -
New study shows Greek population more than halving by 2100
Societyfertility rate, Greece’s population would drop from 10.4 million in 2017 to 5.5 million in 2100, while... million people. This entails Greece’s fertility rate falling from the 2017 level of 1.4 children per... rate lower than the replacement level of 2.1 and over, and 183 were forecast to have a total
6% -
New tax debt at 4.94 bln to October, jumping by 1.04 bln month-on-month as debtors rise
EconomyMacroeconomyin September. The VAT collectability rate came to 83.1 percent in October, showing 928.57 million collected out of 1.12 billion due. In the first ten months of the year, the collectability rate came to 84.7 percent with 6.44 billion collected out of 7.60 billion due. The income tax collectability rate came
6%