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  1. Tailor-made Maastricht criteria for Greece?
    Photo by MacroPolis

    Agora

    , in principle. They called for the deficit of a member state to remain below 3 percent of GDP a year..., over time, a value D = def/y. In other words, if the deficits can be limited to 3 percent of GDP... inflation (mandate of the ECB) and 3 percent real GDP growth. Let us now look at the data for the period

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  2. General govt primary cash surplus at 4.35 bln in Aug, arrears up by 270 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , bringing the total figure to 845 million euros. The equivalent figure for the same time last year was 1.48 billion. A decline was also noted in extrabudgetary funds, where the total fell by 314 million... of nonfinancial assets where a rise of 1.03 billion was seen, taking the total to 2.96 million euros

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  3. Overdue social security contributions rise to 35.54 bln in Q3, new debtors rise
    Photo by MacroPolis

    EconomyMacroeconomy

    the four main Greek pension funds based on several theoretical collectability criteria. Total overdue... for an aggregate amount of 3.97 billion euros (11.2 percent of the total). Overall, 1.5 million... of the total). The number of debtors in this bracket rose by 7,821 to 175,063. Around 13.1 percent

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  4. Athens welcomes volume, form of Commission's pandemic recovery plan

    Economy

    profiles. The Commission proposed a set of tools that will address the different aspects of the crisis... line of 240 billion, set a powerful stimulus to tackle the pandemic crisis. Greece is set to receive up... euros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set

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  5. Mitsotakis focuses on economy as SYRIZA concentrates on leadership contest
    Photo by MacroPolis

    PoliticsGreek Politics

    Minister Kyriakos Mitsotakis is preparing to set out his economic policy proposals and reform ideas... as part of the ongoing effort to generate confidence in the markets. Mitsotakis is expected to set... is also due to set out his ideas for structural reforms in the are of public healthcare, which he has

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  6. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    (ETAA). From the total overdue amount provided by KEAO, 11.04 billion euros or 74 percent of the total... owing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total

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  7. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    by general government entities as well as defaulted debtors. From the total overdue amount, 11.55... of 963 million (6.1 percent of total). In addition, one in four debtors owes between 15,000 and 30,000 euros each for a total amount of 1.35 billion (8.6 percent of total). On the other side

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  8. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    the downswing in total exports largely reflects a drop in fuels by 24.1 percent to 2.9 billion... of 14.5 percent to 424 million, but account for just 3.6 percent of the total figure. In contrast, exports of agricultural products rose by 6 percent to 2.74 billion euros. Their share to total exports

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  9. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties... 15,000 euros each for an aggregate amount of 1.15 billion euros (6.5 percent of total). This bracket

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  10. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Q1. The released figures show that out of the total overdue stock of 22.49 billion, more than two... and penalties. Due to the incorporation of the total unpaid contributions, the number of debtors almost... amount of 1.72 billion euros (7.7 percent of total). This bracket includes 410,238 debtors, more than

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