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  1. Labour database shows 8 in 10 workers earn less than 1,200 per month
    Photo by MacroPolis

    Economy

    than 10 workers, some 262,634 companies out of a total of 298,255. Around 10 pct employ between 11 and 50. This leads to a total dominance of SMEs in the Greek economy, with more than 98 pct... employees. SMEs also have a significant portion of total employment as companies with up to 4 employees have

    22%

  2. Newsletter 458 - 04/04/2025

    Newsletters

    . The total fiscal cost of the intervention is 268 million euros and about 60 pct of the amount emanates... 1 million passenger vehicles to the US, which in 2023 reached a total of over 40 billion euros, representing roughly a quarter of EU total car exports. The EU’s total iron and steel exports in 2024

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  3. Business landscape dominated by SMEs, six in 10 workers earn below 1,200 euros
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of companies employing between 1-10 employees, with 267,245 companies out of a total of 304,568 registered companies in 2025. The total number of companies increased in 2025 by 3,454. Another 10.4 pct... 15 pct of the total. Another 11 pct of total employees is employed by firms with 5-9 workers. Some

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  4. Greek primary cash surplus up to 3.1 bln in September but state arrears also rise

    EconomyMacroeconomy

    billion) making up more than half of total, followed by extrabudgetary funds (1.15 billion). The state... million euros MoM to 2.33 billion making up almost half of total arrears. The next highest..., accounting for 19 percent of the total. Tax refunds fell MoM for the first time since February to 713

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  5. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent.... In absolute terms, personal income taxes made up 20.6 percent of total taxation below the OECD average... percent in 2012 at almost one third of the OECD average of 2.9 percent. As a percentage of total

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  6. Where did all the money go?
    Photo by MacroPolis

    Agora

    The total amount of loans the eurozone and the International Monetary Fund supplied to Greece... total stands at 31.9 billions (18 percent of GDP). These are staggering figures: No other nation has..., provided a total of 24 billion euros of own financing. There seems to be a general misconception

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  7. General government cash surplus widens to 3.68 bln in November, arrears down by 502 mln

    EconomyMacroeconomy

    budget surplus at 1.83 billion, corresponding to almost half of total. Last year state budget had posted... in arrears to SSF and hospitals by 423 million in total. In particular, SSF arrears fell by 273 million MoM to 2.26 billion corresponding to almost half of total arrears. The second highest MoM

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  8. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    is attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion... a total of almost 4 billion in the 2-year period making up 62.4 percent of the anticipated fiscal impact

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  9. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    percent of total. Hospitals’ arrears are following suit with an increase by 607 million since the beginning of the year to 1.21 billion in September corresponding to more than 20 percent of total... year to date to 631 million making up almost 11 percent of total. Tax refunds’ arrears recorded

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  10. Banks reveal new capital structures, ex-bondholders sell shareholdings

    Economy

    number of 169.2 million. This corresponds to 11.01 percent of the total compared to 66.25 percent... shares, while bondholders that took shares in the LME hold 32.89 percent of total shares. Before... foreign institutional investors who subscribed in the book building control 58.15 percent of total

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