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New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
EconomyMacroeconomyfor the same period last year by 28.2 percent. In October, the total stood at 6.22 billion euros. New..., bringing the total to 6.47 billion euros compared to 5.82 billion in October. The VAT collectability rate.... For the month, a total of 504.8 million euros were noted as due, with 374 million euros paid out of the total
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomyeuros, bringing the total figure to a deficit of 278 million euros. The equivalent figure..., where the total fell by 297 million euros YoY and came to 136 million euros against 433 million euros last year. In local governments, a decline of 20 million euros was seen, taking the total to 163
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomyeuros, bringing the total figure to a deficit of 425 million euros. The equivalent figure... the total rose by 163 million euros YoY and came to 1.24 billion euros against 1.07 billion euros last year. In local governments, a rise of 143 million euros was seen, taking the total to 326
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyeuros, bringing the total figure to 131 million euros. The equivalent figure for the same time last..., where the total came to 189 million compared to 193 million last year. An increase was noted in extrabudgetary funds where the total rose by 335 million euros YoY and came to 1.57 billion euros
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Newsletter 274 -20/11/2020
to climb as the country grapples with the second wave of the pandemic. On Thursday, the total death.... Additionally, the forecasts do not include the impact of the RRF, where Greece has a total allocation.... During the first ten months of the year, total expenditure came to 51.85 billion, surpassing
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Crumbling Greek pension system threatens big fiscal gap, budget derailment
Economy) for May, IKA grants a total of 1.22 million pensions with a monthly cost of 865 million euros... OAEE pension cost. Agricultural Insurance Organisation (OGA) According to IDIKA, OGA pays a total... pension-related fiscal gap A total of 2.66 million pensioners in Greece receive a total of 2.35
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Greek banks' capital actions underway, state aid seen as low as 4.7 bln
Economy) in the first week of November, the ECB body has approved a total amount of 654 million euros... conclude that the bank has successfully covered its total capital needs of 2.74 billion without any... for the total capital needs of 2.12 billion euros, which was later reduced to 2.04 billion after taking
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Property tax notices for 2016 to be issued, collection target remains same
EconomyMacroeconomythat the total ENFIA due for 2016 will remain at last year’s levels. The ministry clarified that 34 percent... amount. However, 690,000 taxpayers (less than 10 percent of total) would have to pay a higher ENFIA... in 2015 compared to a total tax due of 3.25 billion. This means the collectability rate was 81.6 percent
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Banks focus on defining challenge of reducing NPEs
EconomyBanking, with a ratio of just over 21 percent from a third of the total loan portfolio last December. For Alpha... euros of total NPE reduction, while the effort of meeting the final target will be led by sales... of a portfolio of retail unsecured non-performing loans. The total outstanding aggregate balance
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General govt primary cash surplus at 1.45 bln in June as expenditure picks up
EconomyMacroeconomyin compensation to bring the total to 8.35 billion. A smaller rise of 73 million was noted in transfers... euros. Since the start of the year, total arrears have fallen by 596 million. Falls were noted in four..., which represent 25.9 percent of the total. Debt Central government gross debt rose by 463
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