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Greece submits reform proposals but Eurogroup unlikely to be moved
EconomyProgrammebelieves that only 8.9 billion of the total amount is collectable. Note that unpaid taxes from government...) their full or part of their assessed debt. If the debtor pays the total amount of debt he... household for up to 150,000 households with a total cost for the 9-month period of 2015 at 22.1 million c
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Here's why Greece's fiscal difficulties will dominate the agenda
EconomyProgrammethat the collectable tax arrears stand at 8.9 billion euros out of a total outstanding amount of 76... with a total cost for the 9-month period of 2015 at 22.1 million. c) Rent allowance for up... for the 9-month period of 2015. According to the General Accounting Office, the total cost of those
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economy. The next T-Bill rollovers for April involve a total of 2.4 billion euros, of which 1.4 billion..., with their total holdings close to 9 billion, according to their disclosure in the conference calls of 2014... last week. We understand that a part of the total amount of 867 million received from the HFSF may
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Higher revenues set to ease coalition's liquidity concerns
EconomyProgrammeeuros on April 8 and, including the regular non-competitive bids, it expects it would cover the total... that Chinese funds participated in two of the three T-Bill issues in March for a total consideration... that a part of the total amount of 867 million is still available to cover upcoming funding needs
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Deposit outflow slows to 2.19 bln in Mar as balances slip to lowest in 10 yrs
EconomyMacroeconomynon-financial corporations recorded inflows of 259 million. Total withdrawals since December have...) were off shore and 40 percent were kept inside Greece. Total deposits - which also incorporate general... billion, the Greek banking system’s total withdrawals of 3.81 billion in March include general
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Smaller rise of 737 mln for unpaid taxes in April
EconomyMacroeconomy, the total stock of new and legacy debt stood at 77.08 billion at the end of April, implying a rise by 3.29 billion year to date. The Finance Ministry (MoF) has indicated that out of the total outstanding... additional revenues of 417 million euros by the end of the year bringing the total amount for 2015 close
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Income inequality in Greece has grown during crisis, OECD report shows
Society, the bottom 40 percent owned only 3 percent of total household wealth in the 18 OECD countries with comparable data. By contrast, the top 10 percent controlled half of all total household wealth..., accounting for 60 percent of the total. Moreover, 73.2 percent – the highest rate in the OECD 26
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammewith a potential IMF tranche of 3.5 billion, bringing the total amount that could be disbursed to Greece... and 5.5 billion to payments to the IMF. The total of 15.5 billion euros coupled with the primary surplus... actions. From the total tranche amount of 4 billion, 3.5 billion would be used for debt servicing
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeGoods (IELKA), basic food products correspond to 57 percent of total food purchases. This means... in a rise in their retail price by 8.8 percent, assuming that new rates are passed on in total to retail prices. The study shows that the estimated total burden on the average household from the VAT
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More than a fifth of Greeks materially deprived, survey finds
Societyin making ends meet with their total monthly income. Just over a quarter (27.4 percent) of the total... households. And, apart from home loans, just over half (51.8 percent) of the total households stated
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