Search
-
A closer look at the composition of Greece's bad loans
EconomyBankingpercent a year ago. However, the ratio of performing exposures, which are past due less than 90 days, over... respectively. The report revealed that two-thirds of NPEs that are past due more than 90 days (excluding denounced loans) were non-performing for more than one year. For housing loans in particular
4% -
Who pays property tax and how much revealed by Greek authorities
EconomyMacroeconomypercent lower than last year’s figure of 3.25 billion. It should be pointed out that the Finance... billion, implying a collectability rate of more than 83 percent. The bulk (more than 85 percent... tax burden on 2016 was shifted towards large properties. GSPR data showed that more than one-third
4% -
Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
EconomyMacroeconomyfigures published a week ago had displayed a primary surplus of 4.39 billion, 45 million lower than... narrowed by more than two thirds from last year and landed at 1.14 billion euros in 2016, 2.48 billion better than target. Revenues Revenues (before tax refunds) edged down 1.5 percent in December
4% -
No late rally for Tsipras
Agora. Rather than a barnstorming performance to round off a bitterly-fought contest, Tsipras delivered a rather... was delivered, also later than scheduled. It was another huge disappointment for SYRIZA voters. The ruling party went into Sunday hoping to get more than 25 percent of the vote, aiming to limit New Democracy
4% -
Newsletter 217 -02/08/2019
, “not a single euro of relief has been applied to properties worth less than 60,000 euros.” In his... for those on lower incomes and the middle class.” He said that those owning properties worth more than 1 million euros are less than 15,000 of 7.3 million taxpayers in total and that their tax relief
4% -
Where is Odysseus? Part 3 - Participation
Agorapopulation is now expected to be slightly bigger than in the data from 2018. This is favorable...), on baseline, is also projected to be bigger than was initially thought in 2018. There are two reasons... is around 5 percentage points higher than in Greece. This is quite a large difference, and it has been
4% -
Survey charting young voters presents diverse fractures and politics
Societyallows for savings and investments - both higher shares than any older group - while only 1.4 pct... the two cohorts. Interest in politics is diffuse rather than absent. The 17–24 cohort concentrates in a middle ground of “not very interested” rather than outright apathy, and only a small minority post
4% -
NPLs: The Achilles heel of the Greek banking system
AgoraHaving completed capital increases of 8.3 billion euros, which more than covered the capital needs..., Greek banks’ NPLs, which are defined as the loans past due for more than 90 days, remain... at 33.1 percent (from 25.5 percent in 2012). Since both figures are different by more than one
4% -
Newsletter 36 - 24/07/2015
mandate in the autumn. There are several reasons to believe that this is more than idle speculation... it as a national rather than European problem. They chose to hide the absolute truth about the crisis... not materialise, it was always the fault of the Greeks for not implementing the programme rather than its
4% -
Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance
EconomyMacroeconomy(and consequently non-payment) of the first instalment of property tax (ENFIA) with targeted revenues of more than...), higher Public Investment Budget (PIB) balance (by 1.53 billion) and lower tax refunds (by more than 300 million) more than offsetting a revenue shortfall of 4.5 billion. The 7-month budget deficit
4%