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General gov't primary cash surplus widens notably to 4.84 bln by October
EconomyMacroeconomy. The state budget primary surplus more than doubled to 4.45 billion euros in the 10-month period, from 2... 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
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomyby almost 2 billion euros to 326 million, while that for extrabudgetary funds fell by 289 million to 679... than half of total expenditure, while compensation of 3.89 billion accounts for 21.5 of the total... billion euros, making up 45.5 percent of total. They were followed by tax refunds of 1.12 billion (22.2
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General govt primary cash surplus at 2.25 bln in May, arrears rise
EconomyMacroeconomy. In contrast, subsidies rose by 53 million. Over half, or 51 percent of the total expenditure stems from... of the total figure. Arrears Arrears to the private sector (including tax refund arrears) rose in May... of hospitals (-57 million), local governments (-18 million) and state budget (-2 million
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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomybillion while compensation of 16.22 billion euros accounted for 20.4 percent of the total. Arrears... and tax refund arrears by 11 million. Since the start of 2017, total arrears declined by 1.58 billion... the largest portion of overall arrears at 45.5 percent of the total, and stood at 1.51 million in December
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Greek health care spending in the spotlight
EconomyFeaturesaccepted a total of 50 million euros in kickbacks from the Greek subsidiary of the pharma giant..., Greece’s health care spending outpaced the country’s growth rate, with total expenditure on health... billion euros for 2013 and 2 billion for 2014, with pharmaceutical companies required to contribute
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General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
EconomyMacroeconomyof the total. Arrears Arrears to the private sector (including tax refund arrears) rose by 237 million after...) and extrabudgetary funds (-2 million). At 42.8 percent, arrears of SSFs represent the largest... was tax refunds, which constitute 22.9 percent of the total (776 million). Debt Central government gross
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Greek banks push for return to normality
EconomyBanking12 to 18 months. The agency anticipated economic growth of 2 percent this year and 2.2 percent... the total of non-performing exposures (NPEs) to stand at roughly 35 percent of all loans by the end of next year. Moody’s saw the bank’s capital at comfortable levels, with the CET1 ratio for the total
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New court verdict adds to concern about impact of backpay on fiscal balance
EconomyProgrammein the public sector with a total bonus of 1,000 euros, in the form of Christmas bonus of 500 euros... sector could be eligible to have the 1,000 euros annual bonus reinstated that would bring the total... applicable for pensioners, who also had a total bonus for Christmas, Easter and holiday of 800 euros
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Newsletter 206 -17/05/2019
million euros and represented around 70.6 percent of the total debt. The stock of gg guarantees fell... guarantees came to 350 million as mentioned, leaving the rest of the total for guarantees split between non... details and how the new framework will be used. 2 Budget surplus at 1.46 bln in Apr Headline figure lands
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Travel surplus rises by 12.7 pct in 9M
EconomyMacroeconomy. The rise was mostly driven by an increase of 14.1 percent, or 2 billion, in travel receipts. Travel.... Leisure trips accounted for the lion’s share of total expenditure in 9M 2019 at 88.6 percent... to total 50 million euros. Meanwhile, business trip receipts showed an increase of 6 percent
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