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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyremaining the single highest contributor making up 48 percent of total arrears. Hospitals’ arrears followed suit at 873 million euros, accounting for 19 percent of total. In addition, the hospitals’ sector..., the EFSF/ESM/IMF loans stood at 221.11 billion euros corresponding to more than two-thirds of total debt
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A closer look at planned laws for unpaid taxes and home foreclosures
EconomyMacroeconomyof total. Of this amount, the Finance Ministry aims to collect revenues of at least one-third or 3... of this category stand at 2.3 billion, making up just 3 percent of the total amount. In contrast, 326,000... billion (97 percent of the total). The upper bracket, including those who owe more than 1 million each
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Greek pensions: The thorniest issue in talks between Athens and lenders
EconomyProgramme’s online service (IDIKA), a total of 4.54 million pensions were paid to 2.65 million pensioners... of the total monthly expense of 2.35 billion, the bulk (more than 88 percent) involves main pensions of a total amount of 2.07 billion. The remaining 276.5 million in March relates to supplementary
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Banking system showed deposit inflows for second straight month, at 531 mln in Sept
EconomyMacroeconomy, display total outflows were trimmed accordingly to 43.44 billion. The largest withdrawals over this period were posted in January (12.79 billion), February (7.63 billion) and June (7.58 billion). Total... 2003. On top of private sector, the total deposit positive flow reflects general government inflows
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Last round of Greek banks' recapitalisation drastically shifts shareholder structures
Economyand the voluntary bond swap offers (LME). In addition, two banks (NBG and Piraeus) received a total state aid... in Greek banks is the European Bank for Reconstruction and Development (EBRD), which invested a total... suit at 2.77 billion, Piraeus at 2.61 billion and Eurobank at 2.41 billion. Overall, the total market
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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agoraconsumption taxes were almost exactly where they were expected to be. Overall, total tax revenues reached... reason for the total revenue underperformance. Tax arrears An important indicator related... published last March, the amount of total overdue taxes stood at 76 billion euros at that time
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Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013
EconomyMacroeconomy, display total outflows were somewhat trimmed to 41.83 billion over this period. Total deposits.... In absolute terms, total deposits stood at 140.21 billion in December at similar to September levels. Apart from the private sector, the total deposit flow in December incorporates gg and other euro area
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Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010
EconomyMacroeconomypercent of total) owe less than 3,000 euros each for a total amount of 1.81 billion, corresponding to just 2.1 percent of total unpaid taxes. In addition, tax debt of 19.7 billion (22.9 percent of total) stems from a total of 4.3 million debtors owing less than 1.5 million euros each
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Pending pensions mount up, complicating fiscal effort
Economyin total on an annual basis, which would rise by another 1.5 billion if retroactive payments.... The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion. The pending supplementary pensions of ETEA stand at 128,000. In addition, there are a total of 44,200
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomy. For H1, private and general consumption dropped by 1.4 and 2.6 percent respectively, leading total... up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... of 1 percent in Q2 from 3.2 in Q1. Compared to last year, total exports dropped by 11.4 percent
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