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Newsletter 19 - 13/03/2015
of the total Eurosystem funding passed the 100-billion-euro mark to reach 104.25 billion in February... 63 percent of the total, compared to just 6 percent in January and zero in May 2014. The absolute..., this corresponds to an additional burden of more than 700 million on an annual basis. Those two costs total 1.7
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Greek gov't targets unpaid social security contributions: The numbers involved
Economyof the October 2014 headline figure showed that 1.76 billion euros (21 percent of total) stems from 221,700 debtors (59 percent of total) owing up to 20,000 euros each. The remaining 6.6 billion (79 percent of total) is owed by 153,860 debtors (41 percent of total) with SSC debt in excess of 20,000
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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomya total of unpaid tax obligations of 76 billion euros. The MoF has identified that around 9 billion or 12 percent of this total is collectable. Of the total accumulated amount, around 35 billion..., 350 for 2017 and 320 for 2018. The accompanying GAO report shows that a total of 21.5 billion unpaid
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Newsletter 23 - 17/04/2015
increase in NPL stock is equivalent to the total in NPLs that were added throughout the whole of 2014... billion in total, which is the highest reading since January 2013. The rise is due to an increase in emergency liquidity assistance (ELA), which reached a total of 68.51 billion. This is the highest it has
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The key points from Greece's proposal to lenders
EconomyProgrammeThe government expects revenues of 1.67 billion in 2015 and 1.51 billion in 2016 bringing the total amount... completed for 2015-50. The document also unveiled that the total amount of SSF moveable assets stood... and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomyof total. Hospitals’ arrears are following suit with a rise of 342 million YtD to 949 million (20... percent of total). Local governments and extrabudgetary funds recorded the smallest rise by 24 and 22... loans stood at 204.41 billion (65.4 percent of total), bonds at 66.54 billion (21.3 percent), T-Bills
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Referendum call stretches state liquidity, pensioners first to bear the brunt
EconomyProgrammeproviding any further details. For the total of around 368,000 OAEE pensioners, the total monthly... to the latest official data for May, the total monthly pension cost stands at 2.35 billion and concerns 2.66... half of the public servants’ wages by the middle of the month. For a total of around 700,000 public
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Income inequality in Greece remained high in 2013
Society. The data shows that the income quintile share ratio, or S80/S20, of the total of equivalised disposable... of total national income from 2012 to 2013 from 47.1 to 47.6 percent. That represents the third highest... bracket, controlled 43.4 percent of the total national disposable income, a decrease of 0.7 percentage
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A breakdown of what Tsipras and European lenders agreed to
EconomyProgrammetotal of 50 billion. Half of this amount will be used for the repayment of banks’ recapitalisation... fiscal path or higher privatization proceeds. In addition, restoring market access could lower the total financial envelope. · To address the acute challenges of the Greek banking sector, the total
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Greek banks in intensive care: What lies ahead?
Agorapercent of total deposits at that time. Thus, a potential haircut of 23.7 percent on June-2014.... It is apparent that since total deposits have dropped by 43 billion since June 2014 a much higher... period until the end of 2015, a bail-in equal to 8 percent of total liabilities will be applied
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