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Unpaid taxes keep rising, tax audits short of targets
EconomyMacroeconomytax debt of 1 billion by the end of June. The same target of 1 billion has also been set.... The outcome of tax audits on high wealth individuals showed collected taxes at 40.5 percent of total... temporary audits correspond to 73.9 percent of total. The full target is set at 65 percent, implying
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp...’ (more than 1 year) unemployed slightly rose to 910,600, after decreasing in the prior three quarters. However, the percentage of long-term unemployed to total jobless declined for the second straight
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SYRIZA fails to make any friends with new public sector wage grid
PoliticsGreek Politicsof the multi-bill of prior actions that Greece has to pass in order to receive the next 1 billion euros of bailout loans. The proposed changes, which will apply from January 1, include decoupling wages from... of a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over
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Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
EconomyMacroeconomy(i.e. those looking for a job who have never worked in the past) fell by 1 pp from the previous quarter to 22.6 percent in Q4 from 23.6 percent in Q3. The number of “long-term” (more than 1 year... of long-term unemployed to total jobless rose for the third successive quarter to 74.3 percent, its
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankingat a slower pace, by 200 million QoQ from 900 million in Q4. As a result, NPE stock fell by a total of 3... income (ΝΙΙ) improved 1 percent QoQ to 445 million in Q1 mostly reflecting a rebound in loan NII from... basis points (bps) in the next few quarters, with a positive impact on deposit NII. However, total
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NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingon the new Greek time deposits stands at 70 basis points (bps), while the total book is priced at 89 bps..., the total Greek loan yield remained almost stable at 393 bps in Q2. Fee income fell by 1.8 percent... the domestic core banks. Capital The Common Equity Tier 1 (CET1) ratio stood at 16.5 percent in Q2, while
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Unemployment rate falls to 20.2 pct in Q3, lowest for almost six years
EconomyMacroeconomynot fallen below the 1 million mark since Q3 2011. The largest increase in employment in Q3... straight quarter and edged up to 20.5 percent in Q3. The number of long-term unemployed (over 1 year) fell to 734,000 for a third straight quarter. Out of the total, long-term unemployed constitute 75.7
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Budget primary surplus at 7.61 bln in November as expenditure curtailed
EconomyMacroeconomyto 233 million in November, and were below target by 1 million. For the same period last year... in October. Overall in the year to date, expenditure fell by 1 percent to 42.41 billion, lower than... euros. Of the total revenues, 1.50 billion were EU funded while 360 million were from the government
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Budget surplus overshoots 11M target due to lower primary expenditure, investment spending
EconomyMacroeconomywas in a deficit of 775 million. The Finance Ministry was expecting a deficit of just above 1..., in the year to date, ordinary expenditure edged down by 1 percent to 42.41 billion, lower than... billion, improving on the target by 105 million. Of the total revenues, 1.5 billion were EU-funded
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Greece worst in EU for gender equality as power resides overwhelmingly with men
Societythey are from reaching gender equality. The Index uses a scale of 1 to 100, where 1 represents total inequality and 100 represents total equality. The scores are based on the gaps between women and men
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