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  1. ND and PASOK trade accusations as fresh corruption allegations cloud opposition

    PoliticsGreek Politics

    the distribution of public funds. PASOK’S argument is that no corrupt activities could have taken... for public debate. Karystianou later claimed her comments were taken out of context. A poll conducted

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  2. Security, prices and stability top political agenda as government deals with Iran fallout
    Alex MITA / PIO

    PoliticsGreek Politics

    have taken the lead in shaping a coordinated European military response. At home, the government... respect fiscal constraints. The final decisions will be taken this week, once the Prime Minister

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  3. Reshuffle on horizon as second OPEKEPE dossier rattles government

    PoliticsGreek Politics

    to have taken place in 2021. Five former MPs also face prosecution in connection with the latest case... will be taken by a plenary vote in Parliament. The five former MPs who were also identified

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  4. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    billion) making up more than half of total, followed by extrabudgetary funds (1.15 billion). The state... million euros MoM to 2.33 billion making up almost half of total arrears. The next highest..., accounting for 19 percent of the total. Tax refunds fell MoM for the first time since February to 713

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  5. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent.... In absolute terms, personal income taxes made up 20.6 percent of total taxation below the OECD average... percent in 2012 at almost one third of the OECD average of 2.9 percent. As a percentage of total

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  6. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    budget surplus at 1.83 billion, corresponding to almost half of total. Last year state budget had posted... in arrears to SSF and hospitals by 423 million in total. In particular, SSF arrears fell by 273 million MoM to 2.26 billion corresponding to almost half of total arrears. The second highest MoM

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  7. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    is attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact

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  8. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    percent of total. Hospitals’ arrears are following suit with an increase by 607 million since the beginning of the year to 1.21 billion in September corresponding to more than 20 percent of total... year to date to 631 million making up almost 11 percent of total. Tax refunds’ arrears recorded

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  9. Banks reveal new capital structures, ex-bondholders sell shareholdings

    Economy

    number of 169.2 million. This corresponds to 11.01 percent of the total compared to 66.25 percent... shares, while bondholders that took shares in the LME hold 32.89 percent of total shares. Before... foreign institutional investors who subscribed in the book building control 58.15 percent of total

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  10. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    interest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations.... The total figure for the first two months of the year is approximately 1.7 billion euros. March

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