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Overdue social security contributions rise to 37 bln in Q2
EconomyMacroeconomythe four main Greek pension funds based on several theoretical collectability criteria. Total overdue... of 4.60 billion euros (12.4 percent of the total). Overall, 1.6 million debtors fall into this category... between 15 and 30,000 euros each for an aggregate amount of 3.14 billion (8.5 percent of the total
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Overdue social security contributions rise to 37.4 bln in Q3
EconomyMacroeconomy) revealed. Total overdue SSCs have stayed over the 35-billion euro mark for a fourth consecutive quarter... euros (12 percent of the total). Overall, 1.6 million debtors fall into this category, an increase... euros each for an aggregate amount of 3.12 billion (8.4 percent of the total). The number of debtors
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Stock market slips 1.4 pct dragged by huge bank losses
Economyof the first set of milestones and the European Stability Mechanism (ESM) disbursed the sub-tranche of 2... trading on December 2. For the same reason, NBG stock will cease trading from December 30 until December 2 and the new shares will trade again as of December 3. NBG will run a Greek public offer for up
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Stournaras presents debt relief plan with maximum benefits for Greece, minimum cost for lenders
EconomyMacroeconomyrelief in the form of smoothing interest payment for EFSF loans coupled with a primary surplus of 2... primary surplus of 2 percent after 2018, extension of all eurozone loan maturities by 20 years... surplus of 3.5 percent of GDP until 2027 and gradual decline to 2 percent of GDP until 2037. The second
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Piraeus posts 7 mln net profit in Q2, NPE stock down for seventh straight quarter
EconomyBanking, collections and liquidations (4.4 billion) and selected sales (2 billion). P&L NII remained almost... by the impact of asset deleveraging. Fees increased by almost 2 percent QoQ to 82 million, while the top-line benefitted from other income of 37 million in Q2 from -2 million in Q1, largely due
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Does the EU Commission suffer from optimism bias? (Part 1)
Agoraand why these differences are important for policy interpretation. In part 2 of this blog, we will call.... Real GDP is the product of labor input and average labor productivity (Q = L *(Q/L)). Figure 2 shows..., and a bigger labor force, hence delivering higher employment throughout the future years (Figure 2
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Greek pensions laid bare
Agorabillion. The combined total corresponded to 9.6 percent of GDP. Despite a sharp drop of 21 percent (4.5 billion) in the total figure since 2011, the respective figure relative to GDP has fallen by just... under 9 billion, or 5 percent of GDP, in 2014 The state’s total contribution to the social security
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General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
EconomyMacroeconomy44 percent of total arrears. Extrabudgetary funds’ arrears grew by 317 million year to date to 574 million (8 percent of total) followed hospitals’ arrears that rose by 252 million to 1.18 billion accounting for more than 16 percent of total arrears. In addition, state budget arrears increased
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Overdue social security contributions increase 827 mln to 23.3 bln at end of Q2
EconomyMacroeconomyin KEAO across Q2. The released figures show that from the total overdue stock of 23.32 billion... euros (9.3 percent of the total). In total, 591,004 debtors are included in this bracket, a rise... 15 and 30,000 euros each for an aggregate amount of 1.81 billion (7.8 percent of the total
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Overdue social security contributions top 35 bln in Q1
EconomyMacroeconomythe four main Greek pension funds based on several theoretical collectability criteria. Total... billion euros (10.8 percent of the total). Overall, slightly more than 1 million debtors fall... between 15 and 30,000 euros each for an aggregate amount of 3.50 billion (9.9 percent of the total
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