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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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Newsletter 51 - 12/11/2015
in covering their total capital needs of 14.4 billion. At the same time, the banks announced the results... on the evening of November 12 and bondholders of around 1 billion of the total tendered 1.09 billion are believed to have accepted the voluntary offer. Since the bank’s total capital needs (under
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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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Rise in number of Greeks insured in 2015 but average salary edges down
Economyemployment rose by 5.1 percent to 1.32 million making up 71.5 percent of total. Individuals with part-time... percent of total employed at the end of 2015, up from 27.6 percent in 2014. The average employment..., the average employment for the total number of workers eased by 1.1 percent to 21.59 days in 2015
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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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Newsletter 191 -25/01/2018
), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes... paid out. Out of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million
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Parties' competing tax pledges come up against challenging reality
EconomyFeaturesand their practical feasibility. Tax base A total 8,907,722 individuals declared income in the tax year 2017... an increase of 7 percent in the number of declarations over 2012. However, total taxable income fell... on an individual basis fell from 11,500 euros in 2012 to 9,015 in 2017, a drop of 22 percent. Total income tax
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New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018
EconomyMacroeconomy, the aggregate total stood at 6.95 billion euros. New unpaid obligations from tax categories showed a rise of 1.03 billion month-on-month in December, bringing the total to 7.50 billion euros compared... percent in December. For the month, a total of 502.2 million euros were noted as due, with 382.9
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General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
EconomyMacroeconomyeuros, bringing the total figure to 201 million euros. The equivalent figure for the same time last year showed a surplus of 845 million. Increases were noted in local governments where the total rose... was in sales of non-financial assets with a decline of 1.32 billion, taking the total to 1.59 million euros
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