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  1. Newsletter 262 -04/09/2020

    Newsletters

    and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments... in the coming months, while total extra spending on defence could reach 10 billion euros over the next 10... was not as dramatic. In 2008, Greece was spending 3 pct of its GDP on defence. In 2018, this stood at 2 pct

    34%
  2. Newsletter 219 -13/09/2019

    Newsletters

    contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total... billion, lower than the figure for the same period last year by 17.7 percent. In June the total stood...-on-month in July, bringing the total to 3.64 billion euros compared to 3.36 billion in June

    33%
  3. General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    , bringing the total figure to 1.16 billion euros. The equivalent figure for the same time last year was 1.81 billion. A decline was also noted in social security funds, where the total fell by 561 million... was observed, taking the total to 3.28 billion euros. This was followed by revenues from taxes which

    33%
  4. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    on the Phoenix and Vega NPE securitisations via the Hercules scheme, which have a total gross book value of 7... was backed by management of the bank which decided to cancel the CoCo interest payment due on 2 December 2020. This will lead to the conversion of the 2 billion CoCo into ordinary shares of the bank

    33%
  5. Newsletter 288 - 12/03/2021

    Newsletters

    of their total capacity, which runs to 362 beds. Across the country, almost 4,000 people were... of the Cairo securitisation, to bring the total stock down to 5.7 billion euros. That left Eurobank... fell by 0.6 percent QoQ and stood at 329.3 million euros. On an annual basis, NII fell by 2 percent

    33%
  6. General govt primary cash surplus at 5.63 bln in Dec, arrears fall by 536 mln but miss target
    Photo by MacroPolis

    EconomyMacroeconomy

    , bringing the total to 21.24 billion. This was followed by a YoY increase of 184 million for other revenue to total 4.64 billion. Declines were seen in transfers (-1.36 billion) and sales of non... The MoF’s figures showed that the year ended with a total of 2.04 billion in arrears still outstanding

    33%
  7. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    was noted in local governments with a fall of 17 million, bringing the total figure to 165 million euros. The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros was seen in social security funds, bringing the total 386 million. An increase was seen

    33%
  8. Overdue social security contributions edge down to 35.38 bln in Q4

    EconomyMacroeconomy

    from the four main Greek pension funds based on several theoretical collectability criteria. Total...-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO, these largely represent debtors... percent of the total). Overall, 1.6 million debtors fall into this category, an increase of 119,521 from

    33%
  9. How economic sanctions on Russia could affect Greek economy
    Photo via https://flic.kr/p/2jZpzLo

    Agora

    billion euros. In 2019, it fell to below half a billion euros, or 2 pct of total takings, while... have invested 155 mln euros in total in Greece. In 2019, Russia was the 22nd largest source of foreign investment, accounting for just 0.6 pct of the total 4.5 bln euros. Greek investment in Russia has

    33%
  10. Newsletter 114 - 07/04/2017

    Newsletters

    of the Independent Authority for Public Revenue (IAPR). The figures showed that 2 percent of the total tax debt..., the interventions lined up for 2020 will be moved forward by a year so that all 2 percent of GDP in new... 3,000 euros each. At the other end of the spectrum, just 16,290 taxpayers (0.4 percent of total) owe

    32%