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  1. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    at the high end at 2.88 billion (+111 million year to date), making up 43 percent of total arrears. Hospitals follow at 1.15 billion, up 215 million in Q1, corresponding to 17 percent of total arrears... of outstanding debt shows EFSF/ESM/IMF loans stood at 219 billion making up 68.2 percent of total debt

    8%
  2. General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 bln

    EconomyMacroeconomy

    , with the absolute figure reaching 3.03 billion in July. It made up 44 percent of total arrears. Hospital... of total) in July. State budget arrears grew by 226 million to 677 million by July, while tax refunds’ arrears of 1.36 billion remain the second major contributor to the total figure with their stock up

    8%
  3. Q3 GDP rebounds 0.8 pct QoQ and 1.8 pct YoY, above flash estimates
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , while general consumption fell by 1.2 percent, leading total consumption up by 0.5 percent. Private consumption retains the lion’s share of GDP, making up 69 percent of the total figure. The Finance... in Q3 after a higher increase of 6.4 percent in Q2. Compared to last year, total exports posted a growth

    8%
  4. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    countries. The report also displayed the contribution of various taxes to total taxation varies... 43.4 percent of the total figure in Greece, well above the OECD average of 32.6 percent. Social security contributions to total taxes of 28.7 percent in Greece are also higher than the average

    8%
  5. General government primary cash surplus to Oct rises to 6.1 bln, arrears slip to 6.3 bln

    EconomyMacroeconomy

    billion holds the lion’s share making up 51.7 percent of total expenditure followed by compensation of 13 billion accounting for almost 21 percent of the total figure. Arrears Arrears to the private... on October 21, total arrears have grown by 323 million in the 10-month period. The biggest increases

    8%
  6. General govt primary cash surplus improves to 1.4 bln in Jan, arrears rise to 4.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    make up 46.5 percent of the total stock, with tax refund arrears following at 1.21 billion (25.1... of total. Extrabudgetary funds arrears amounted to almost 400 million (8.3 percent of total). Debt..., making up almost 70 percent of total debt. Moreover, bonds stood at 56.72 billion (17.4 percent

    8%
  7. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    than half of total expenditure, while compensation of 3.89 billion accounts for 21.5 of the total... billion euros, making up 45.5 percent of total. They were followed by tax refunds of 1.12 billion (22.2.... As a result, EFSF/ESM/IMF loans stood at 225.48 billion making up 69.1 percent of total debt

    8%
  8. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent.... A closer look at business NPEs shows that from total loans of 64 billion granted to 30,000 large corporates, around 7,000 of those firms with loans of 17 billion (26.7 percent of total) face difficulties

    8%
  9. General govt primary cash surplus at 2.25 bln in May, arrears rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . In contrast, subsidies rose by 53 million. Over half, or 51 percent of the total expenditure stems from... of the total figure. Arrears Arrears to the private sector (including tax refund arrears) rose in May... million since the beginning of the year. In total, SSF arrears stood at 2.25 billion euros at the end

    8%
  10. General govt primary cash surplus falls to 2.63 bln in six-month, arrears rise to 5.13 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) of the total expenditure relates to social benefits, which came to 18.38 billion. Compensation... to social security funds was also noted since the start of the year. In total, SSF arrears stood at 2.26 billion euros at the end of June. This represents 43.9 percent of total arrears. Tax refunds

    8%