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  1. Overdue social security contributions rise to 34.79 bln in Q4 2018
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from... of debtors owe less than 15,000 euros each for an aggregate amount of 3.79 billion euros (10.9 percent... than that for the relevant period in 2017, and represented a rise of 28.6 million QoQ. Overall, KEAO

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  2. Primary surplus confirmed at 1.44 mln in Mar
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , higher than their target by 54 million euros. Compared to the same period last year, the three-month... in the aggregate period, above target by 1.33 billion euros, and 0.8 percent lower than for the same time... than target. The MoF noted that the difference was largely due to appropriations of 982 million

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  3. Newsletter 204 -03/05/2019

    Newsletters

    resign rather than lower the threshold. Neither party wants to be seen supporting the intervention... or 12 percent. Tax refunds rose to 962 million euros in the aggregate period, higher than their target... target by 1.33 billion euros, and 0.8 percent lower than for the same time last year. Primary

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  4. Tsipras tries to entice voters with VAT cuts and pension bonuses
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    than 1,000 euros, the rate will be 30 percent. “Fiscal policy is becoming more of an ally for growth than it has been in the past,” said Economy Minister Yiannis Dragasakis, who was also present... of these earn less than 500 euros a month) and that the legislation to be submitted to Parliament

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  5. Banks focus on reducing NPLs linked to property
    Photo by MacroPolis

    EconomyMacroeconomy

    . As banks put sales rather than write-offs at the forefront of their NPL reduction strategy, real estate... for more than half of long term restructurings in 2019–2021. The total sum involved is estimated at 1.4... for protections and the residual mortgage. So, properties will have to be worth less than 250,000 euros, while

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  6. Tsipras calls snap elections after heavy defeat that puts ND on course for clear majority
    Photo by MacroPolis

    PoliticsGreek Politics

    the European Parliament vote by around 9 percentage points, which was a much wider margin than SYRIZA...). This gap of more than 9 points was at the outer edge of what opinion polls had indicated over the last... missed three key targets in these elections, which were to get more than 25 percent of the vote

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  7. SYRIZA seeks to recover from election shock, ND prepares for power
    Photo by MacroPolis

    PoliticsGreek Politics

    percent of the vote, almost 9.5 points less than New Democracy, was well below the government’s... that government officials expected to lose to New Democracy by no more than 3 or 4 points. A lot... greater allegiance within his party and have more room to manoeuvre than had been expected until now

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  8. June employment balance positive by 31,407
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive in June with 31,407 more hirings than departures, data from... of 1,910 was noted. Compared to the same month last year, there were 2,213 fewer hirings than... there were 35,628 more hirings than departures. A negative balance was noted for those aged 30-44 years

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  9. Strong investor demand for 7-year bond, yield settles at record low of 1.9 pct
    Photo by MacroPolis

    Economy

    time in London having accumulated orders of more than 13 billion euros and the reorder yield... at 2.5 billion. Orders and allocations The transaction received more than 335 distinct orders with broad... at 14.5 percent. Insurance and pension funds participation more than doubled to 9 percent, from 4 percent

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  10. ND sees first tax cuts as fair, hopes to build case for lower fiscal targets

    PoliticsGreek Politics

    , pointing to the 10 percent reduction in ENFIA for properties worth more than 1 million euros. SYRIZA submitted an amendment proposing no reduction for properties worth more than 500,000 euros. The cuts... of taxpayers own properties worth more than 1 million euros. Vesyropoulos gave examples of how much

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