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How Samaras backed himself and Greece into a corner over bailout exit
Agoraless than SYRIZA. Together with PASOK, Samaras’s party had a bigger share of the vote than... of a government on the run. In less than five months, the coalition has backed itself and the country... for a no-holds-barred political battle rather than paving the way for a reform-driven turnaround
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Newsletter 19 - 13/03/2015
to Athens but that they would not be allowed any greater role than requesting and being granted It remains... is the end of April. Greece’s lenders have said that part of these loans could be paid out earlier than... is expected to pass legislation shortly that will allow it to use more than 500 million euros left
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Greek children lead way in languages at primary school level
Societyforeign languages in primary school than their EU counterparts. This is revealed in Being young... that young Greek males are much more likely than their female counterparts to suffer injuries in a car... also highest in Greece (and Romania), where more than 97% of young people perceived their health
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
EconomyGreece’s budget execution showed the 4-month primary surplus more than doubled year on year (YoY... budget bulletin published on Monday. The reading is 60 million euros lower than the preliminary figure... target by 2.41 billion, which is significantly better than the over-performance of 1.6 billion
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Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln
EconomyMacroeconomyInvestment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than 300 million) more than..., and landed at 840 million, 535 million better than target. Revenues The final budget figures showed... was due to be paid by the end of July, whilst this year less than half of taxpayers were due to pay
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomy, which was 940 million higher than last year’s figure of 1.73 billion, according to the Finance... to an underspend. Primary expenditure was 1.34 billion lower than the target. Also, revenues over-performed (by 363 million). These two factors more than made up for the lower-than-expected PIB balance
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Newsletter 88 - 16/09/2016
. Nikolopoulou-Stournara denies any wrongdoing. Rather than the raid itself, it is the timing of the intervention... The single property tax (ENFIA) due in 2016 stands at 3.18 billion, 2.2 percent lower than last year’s figure, the General Secretariat of Public Revenues (GSPR) disclosed on Tuesday. More than 85 percent
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomyto September. Meanwhile, tax refunds were 31 million lower than the September target, but the 9-month... at 34.83 billion, 1.06 billion better than target. As we have previously noted, September was one... of the corporate income tax. We understand that higher than targeted revenues in September could
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Newsletter 100 - 16/12/2016
the completion of the review seem more complicated than ever. The first shock to the system this week... on hold the implementation of In July the number of tax debtors increased by more than 125,000 from... of the current administration being able to pass more than 4 billion euros of new measures right now
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBanking’ (performing or past due less than 90 days) NPEs widened to 27.6 percent of total NPEs in the first half from 26.2 percent in December, while performing exposures past due less than 90 days fell to 12.2... past due more than 90 days as well as denounced loans accounted for 28.3 and 44.2 percent of NPEs
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