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‘We’re dying to pay our taxes’
Agorabetween 3 and 12 months’ wages. Many of my own colleagues at a major daily newspaper are in that boat; they’re owed about eight months’ salary in total. Every second or third week, they receive... and his car insurance – in total, that’s some 3,000 euros. It’s the fear of falling off the social
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Greece sets out plans for settling SME NPLs; mortgages to come
Economyeach. Total corporate NPLs stand at 40 billion. The government expects that 180,000 firms may benefit... of total bank claims against the firm. If this is less than 50 percent, than the amount of bank... not pay its settled obligations to a bank for more than 3 months, the bank can claim its previous
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Snap elections in Greece bring state's liquidity constraints into focus
Economyas an additional amount of nearly 2 billion expected from SMP profits. These total 7.3 billion euros. Under... include: a) Short-term borrowing from general government bodies, which total 9 billion. However, 7.... These reserves stand at 3 billion euros, of which at least 1.5 billion have been used so far, according
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What are the implications of the ECB's decision for Greek banks?
Economyof this collateral by 3 weeks. The other three types of collateral affected by the February 4 ECB decision are pillar III bonds, Greek government bonds (GGB) and T-Bills. For the first two categories, the total.... In any case, Greek banks can still place their total EFSF bond holding (38 billion) with the ECB
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The numbers behind Greece's reform proposals
EconomyProgrammerevenues of 3 and 1.46 billion euros respectively. The outstanding stock of unpaid tax obligations... stamps. The total cost of the first pillar was estimated by SYRIZA at 1.86 billion euros and also... tenders ultimately leads to large total expenditure, Mardas stressed. According to European
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Unemployment rate edges up to 26.1 pct in Q4 2014
EconomyMacroeconomywith the unemployment rate decreasing by more than 3 pp YoY to 41.1 percent. The 30-44 age group also showed... unemployed to total jobless slipped to 73 percent in Q4 from a historic high of 75.4 percent in Q3. Part time employment edged up to 9.9 percent of total employed with 69 percent of part timers
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Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
Societyis proportionally more than the total employment decline. Among the nine countries that saw an increase in public administration employment levels were Germany (3 percent), Sweden (13 percent) and Hungary (25... of the total actually increased, owing to the massive loss of jobs in the private sector. Thus, while
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Greek travel receipts rise by 10.2 pct in 2014, arrivals shoot up by 20.7 pct
EconomyMacroeconomycruises fell by 12.9 percent. The increase in total receipts reflects a rise in international... percent to 2.24 million. The double-digit increase in total volumes was partly offset by an 8.7 percent... released in late February, international tourist arrivals are expected to reach 25 million in 2015, up 3
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Tax wedge for single, married Greeks well above OECD average
EconomyMacroeconomyand employer social security contributions (SSC) minus family benefits. The denominator is the total... employee and employer SSCs account for 83 percent of the total tax wedge in Greece, which stands 20 pp..., the tax wedge for a family with children in Greece stands 3 pp above that for the single worker
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Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
EconomyMacroeconomyfigures for the 5-month period (since December) showed total outflows reached 31.47 billion implying.... It is noteworthy that total deposits - which also incorporate general government as well as euro and non-euro... billion in the course of May, while the ELA cash liquidity buffer currently stands at 3 billion.
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