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  1. Review delay brings Greek liquidity needs back into focus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Greece has to pay 6.46 billion euros for GGB redemptions (4.03 billion to the ECB and 2.43 billion... in GGBs held by the ECB are due. Greece also has to pay 620 million in March, mostly to private investors... Greece is obliged to pay back to the European Stability Mechanism (ESM) 1.6 billion euros

    6%

  2. ECB survey shows enduring preference for cash payments in Greece
    Photo by Pavlos Svoronos/Fosphotos

    EconomyFeatures

    other country surveyed to pay electricity bills in cash (56 percent). Around 85 percent of Greeks... choose to pay with, given the choice. When asked to pick between the various payment methods offered in a shop, 43 percent said that they would choose cash, 39 percent said they would pay by card

    6%

  3. Self-employed paying less for social security contributions, Labour ministry reports
    Photo by MacroPolis

    EconomyFeatures

    Data from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay... percent of farmers will pay the minimum contribution of 95 euros (89 percent in 2017), due to the fact.... The number of self-employed persons obliged to pay social security contributions rose by 23,588

    6%

  4. Newsletter 205 -10/05/2019

    Newsletters

    to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from

    6%

  5. Government braces for reaction to pension bill
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to the pension system since the crisis began more than a decade ago that would lead to retirement pay rising... & Merchants (GSEVEE) complained recently that 55 percent of the self-employed would have to pay more under the new scheme, while 45 percent would pay less. The group added that the self-employed on low income

    6%

  6. Newsletter 389 - 14/07/2023

    Newsletters

    an omnibus bill that ranges from the new pay scale in the public sector to the extension of some... the end of its new term, but it was quick to shut these claims down with a new pay scale that has a fiscal cost of some 500 million euros annually and intends to reward low pay civil servants and those

    6%

  7. Tourism turnover index slows but signs remain positive
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Travel and Tourism Council (WTTC) report on Greece. Furthermore, it is forecasted to rise by 3.3... by 3.3 billion euros in 2014-2020 would translate into foreign arrivals of 22-24 million and total

    5%

  8. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    -profit institutions fell 3.3 percent in February with balances settling at 100.7 billion. Monthly... loan balances contracted 3.3 percent to 71.12 billion with monthly net deductions at 233 million

    5%

  9. Eurobank reports net loss of 301.1 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of total loans. In addition, 3.3 billion or half of restructured loans are included in the NPLs. Cost...) recognised in Eurobank’s financial statements amounts to 3.3 billion euros. Ahead of the upcoming EU

    5%

  10. OECD sees more growth, falling unemployment in Greece

    EconomyMacroeconomy

    1.9 percent before) and further to 3.3 percent in 2016. The OECD’s new estimates for 2014... in the next two years. Export growth is seen outpacing that of imports by 3.3 to 4 percentage points (pp

    5%