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IMF examines how Greece accumulated large pile of unpaid taxes and contributions
EconomyProgrammeof the total figure. In contrast, 1 percent of debtors owe more than 1 million euros each, accounting for 80... evaluation earlier this week. The total amount of this type of debt stands at 115 billion euros.... Specifically, tax debt represents more than 80 percent of total liabilities to the state. The stock reached
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Newsletter 92 - 14/10/2016
by the Hellenic Statistical Authority (ELSTAT) on Monday showing that the Consumer Price Index (CPI) fell by 1... production by 4.6 percent, which accounts for around 21 percent of the total index that more than... percent weighting in the total index. The seasonally adjusted IPI rebounded 0.4 percent from
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Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
Economycorresponds to more than two thirds of total debt. Long-term bonds stood at 68.16 billion (21.2 percent of total) and T-Bills at 14.98 billion (4.7 percent).
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomyrevenues. The most significant revenue interventions in 2017 involve: 1) Income tax reform (772 million) 2... the anticipated import rise of 3.3 percent. The unemployment rate is projected to slip by more than 1 percentage... by 0.6 percent in 2017. It is worth noting that nominal GDP is seen at 176.2 billion euros in 2016, 1
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Hotel owners sound warning over Thomas Cook revenue losses
EconomyFeatureswere 1, 2 or 3 star establishments, 32 percent were 4 start and 21 percent were 5 star. The lower.... Specifically, the amount of turnover generated via Thomas Cook for 1, 2 and 3 star hotels came to an average of 48 percent of overall turnover for such hotels. For 2019, total losses to Greek hotels
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New overdue taxes rise continues to decelerate, total debt at 104.73 bln
EconomyMacroeconomyperiod last year by 30.5 percent. In May, the total stood at 3.14 billion euros. New unpaid obligations from tax categories showed a rise of 431 million month-on-month in June, bringing the total... of ENFIA were paid out of 612.1 million due. Roughly 93 percent of the total figure for new tax in June
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Overdue tax, debtors jump in Sept as total reaches 105.6 bln
EconomyMacroeconomyfor the same period last year by 32.8 percent. In August, the total stood at 4.68 billion euros. New... the total to 4.91 billion euros compared to 4.38 billion in August. The VAT collectability rate.... For the month, a total of 519.8 million euros were noted as due, with 386.6 million euros paid out of the total
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Newsletter 254 -19/06/2020
of State Giorgos Gerapetritis hinted that the changes may be announced sometime after July 1, once... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise... proprietors (18 percent). A breakdown revealed that in Q1, the total for loans serviced by CSFs came to 30.82
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Eurosystem funding down by 2 bln in Oct for fourth straight fall
EconomyMacroeconomy’ ELA ceiling was cut twice by the ECB (on September 3 and 17) and by 1 billion euros each time
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Credit origination and transmission: Are Greek banks part of the problem or the solution?
Agoraon a two-year downward trajectory. As graph 1 below illustrates total lending to the real economy shows... constraints and new credit transmission channels As graph 2 (below) underlines, the total volume... a financial assistance package from the IMF, European Commission and the ECB in November 2010.[1
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