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  1. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    budget surplus at 1.83 billion, corresponding to almost half of total. Last year state budget had posted... in arrears to SSF and hospitals by 423 million in total. In particular, SSF arrears fell by 273 million MoM to 2.26 billion corresponding to almost half of total arrears. The second highest MoM

    4%

  2. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    interest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations.... The total figure for the first two months of the year is approximately 1.7 billion euros. March

    4%

  3. Unpaid social security contributions hit 15.35 bln at end of 2015

    Economy

    1 billion. From the total overdue contributions of 15.35 billion euros at the end of 2015, 11.31... and 30,000 euros each for a total amount of 1.26 billion. On the other side of the spectrum, just 1,028..., corresponding to more than a fifth of total debt. The largest debt bracket involves those owing between 50

    4%

  4. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    to slip further in 2015. Total wages that exceeded 33 billion euros in 2009, dropped to 22 billion... to the general government monthly bulletin, in 2015 pension funds had a total of 35.3 billion in revenues.... That takes the total 2015 figure of pension dependency on state funding to 17.9 billion euros

    4%

  5. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to date and accounting for 43 percent of total arrears. Tax refunds have dropped by 105 million in the course of the year. They make up 17.7 percent of total arrears. Hospital arrears are follow at 1.12 billion, accounting for 16.8 percent of total. They have grown by 190 million in the year to date

    4%

  6. A closer look at the composition of Greece's bad loans
    Photo by MacroPolis

    EconomyBanking

    total performing exposures remained unchanged at 12.6 percent. From the total NPE stock of 108..., from a total of 9.37 million, relate to NPEs. This number is extremely high, taking into account... coverage ratio stood at relatively low levels at 50 percent of total exposures. In specific, the ratio

    4%

  7. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of total expenditure with compensation following suit at 15.78 billion accounting for almost 20 percent of the total figure. Arrears Arrears to the private sector (including tax refund arrears) posted... percent of the total figure. Tax refund arrears of 1.23 billion follow suit with their share at 27

    4%

  8. General govt primary cash surplus falls to 2.6 bln in 2-month, arrears up for second month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by compensation of 2.55 billion (22.8 percent of the total figure). Arrears Arrears to the private sector... percent of total with tax refunds following at 1.26 billion (one quarter of total). In addition, hospital arrears amounted to 574 million accounting for 11.4 percent of the total figure. It is noted

    4%

  9. Overdue social security debt reaches 31.3 bln in Q4, collected revenues beat annual target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) were through the IKA-ETAM insurance funds. From the total overdue stock, nearly three quarters (22.91... 15,000 euros each for an aggregate amount of 3.35 billion euros (10.7 percent of the total). Overall... percent of the total). The number of debtors in this bracket rose by 1,040 to 135,354. In contrast

    4%

  10. General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent of the total, and stood at 1.43 million in January. The next largest sector was tax refunds​,​ which constituted 22.1 percent of the total (692 million). Debt Central government gross debt rose..., representing 69.8 percent of the total debt. The main driver behind the rise in government debt was a sharp

    4%