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  1. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    of the total overdue stock of 16.92 billion euros, 12.23 billion (more than 72 percent) relate to main...-September figure standing at 303,821 debtors. The breakdown shows 40.3 percent of debtors owe less than... includes 122,319 debtors and recorded a drop by 1,772 from the previous quarter. In addition, more than

    3%

  2. Budget primary surplus to Oct hits 6.5 bln as revenues deliver again
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by more than 800 million for the second straight month. The primary surplus for the 10-month period... billion better than target. Revenues Revenues (before tax refunds) improved 7.8 percent in October... period, 145 million lower than target. Overall, net revenues rose by 9.3 percent to 40.07 billion

    3%

  3. Significant revenue outperformance drives budget primary surplus to 4.4 bln in 2016
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to 584 million from less than 300 million in each of the previous eleven months, while the full year... than target. In a separate table, MoF revealed that the settlement of general government arrears via... balance recorded a huge deficit of 1.93 billion in December, higher than that of 1.78 billion posted

    3%

  4. Newsletter 107 - 17/02/2017

    Newsletters

    of measures substantially lower than 3.6 billion euros. Following this, Athens also wants the creditors... the target by 342 million, a performance largely attributed to higher than expected revenues (by 340... million lower than target, respectively. Specifically, revenues (before tax refunds) rebounded

    3%

  5. Greeks full of contradictions on ideology and political beliefs, study suggests
    Photo by Panyotis Tzamaros/Fosphotos

    Society

    believing “socialism” to be a more positive term than “capitalism” while, at the same time, espousing...” was more important than “equality”. This proportion was replicated among SYRIZA voters, some 30... in ten believing that the country needs “less public sector”, Greeks are generally more liberal than

    3%

  6. Greek households spend greatest share of income on accommodation in EU
    Photo by Harry van Versendaal

    Society

    in the country spending a greater share of their income on accommodation than in any other member... than 40 percent of their income on housing (known as housing cost overburden), compared to an EU... in property arrears and they are about four times more exposed than non-poor households. Greece

    3%

  7. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of taxpayers (3.61 million). Those taxpayers owe less than 3,000 euros each. It is also worth noting that 2.39 million taxpayers (55.4 percent of total) owe less than 500 euros each. In contrast, just 16,290 taxpayers (0.4 percent of total) owe more than 300,000 euros each for a total amount of 78.79 billion

    3%

  8. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent... percent) higher than that for imports (+2.8 percent). For 2018, the MTFS assumes a faster GDP rebound of 2.4 percent, which is lower than the IMF and EC estimates of 2.7 and 2.5 percent respectively

    3%

  9. Five-month budget primary surplus confirmed at 1.84 bln, beats target by 790 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    underspend, with primary expenditure coming in 791 million lower than target. The monthly primary... outperformance of 386 million. The latter resulted mainly on the back of higher than expected indirect... period to 3.06 billion, 36 million higher than target. At the same time, privatisation proceeds stood

    3%

  10. China’s Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    modernization. These projects form part of regional, rather than country-specific initiatives that Chinese... railway initiative. For both cities, such a project has been on the agenda for more than a decade... rhetoric than substance. China is only at the beginning of a much larger engagement in the region

    3%