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Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010
EconomyMacroeconomypercent of total) owe less than 3,000 euros each for a total amount of 1.81 billion, corresponding to just 2.1 percent of total unpaid taxes. In addition, tax debt of 19.7 billion (22.9 percent of total) stems from a total of 4.3 million debtors owing less than 1.5 million euros each
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Pending pensions mount up, complicating fiscal effort
Economyin total on an annual basis, which would rise by another 1.5 billion if retroactive payments.... The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion. The pending supplementary pensions of ETEA stand at 128,000. In addition, there are a total of 44,200
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomy. For H1, private and general consumption dropped by 1.4 and 2.6 percent respectively, leading total... up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... of 1 percent in Q2 from 3.2 in Q1. Compared to last year, total exports dropped by 11.4 percent
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyof the agreement and a total of 51 percent will be paid by 2018. HRADF also said that the preferred investor accepted to undertake 8 billion euros in total investments, of which 80 percent will be implemented... of shopping centres and offices, while the share of recreation activities and hotel operations to total
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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... percent of total performing exposures from 12.7 percent at the end of 2015. In addition, exposures... to 19.5 percent of total exposures from 17.6 percent at the end of 2015. In specific, the stock
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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeevaluation earlier this week. The total amount of this type of debt stands at 115 billion euros.... Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached... of the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80
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Special ELSTAT report reveals dramatic changes in labour market since 1980s
EconomyMacroeconomy(less than 5 months) exceeded the long-term figure. Long-term to total unemployment started rising... been jobless for more than two years to the total unemployed has risen from 21.8 percent in 2009.... In 2015, more than half (51.2 percent) of the total jobless figure were unemployed for more than
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Central government debt rises to 326.4 billion on ESM disbursement
EconomyMacroeconomybillion in total, of which 52.9 billion relate to the Greek Lon Facility (GLF) bilateral loans... of total debt. Of this amount, 38.6 billion are held by private investors and 18 billion by the ECB... in 2016, up from 10.8 years in the 9-month period, while the respective maturity of total debt
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Job hirings at record high of 24,938 in Feb, negative employment balance for year-to-date
EconomyMacroeconomyhirings stood at 138,242 in February and outpaced a total of 113,304 departures, of which more than half... of flexible type of work to total hirings stands above the 55-percent mark in five of the last six months. The share of males among total hirings continued increasing and stood at almost 61 percent
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Fraport reveals airport plans as major privatisation overcomes obstacles
Economymillion for the 40-year life of the concession bringing the total guaranteed cash consideration..., while its total investment is seen close to 1 billion euros. This includes additional maintenance... in an increase of 100,000 square meters in the terminal size of the 14 airports to a combined total size
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