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  1. High unemployment, falling wages damaged sustainability of largest Greek pension fund
    Photo by MacroPolis

    EconomyMacroeconomy

    euros over this period, reducing IKA revenues accordingly. The number of IKA insured fell by a total... but grew to 2.21 million at the end of 2014. The total amount of wages contracted in each year

    2%

  2. In grip of protests, coalition searches for ways to lift mood
    Photo by MacroPolis

    PoliticsGreek Politics

    be the one deciding the number of permits available and could seek to limit the total in order to keep out..., the report was delivered earlier this month and proposed a total of four permits. Tax evasion Another area

    2%

  3. Greece, eurozone edge closer on pensions and fiscal gap but IMF keeps bar high
    Photo by MacroPolis

    EconomyProgramme

    measures. Also, Greece has to identify measures yielding a total of 1 percent of GDP (0.75 percent coming... producers with the total new tax and contribution burden standing at lower than current levels

    2%

  4. General gov't primary cash surplus climbs to 1.3 bln in Jan, arrears resume upward trend
    Photo by MacroPolis

    EconomyMacroeconomy

    million). The majority of outstanding arrears relates to 2.82 billion euros (51.5 percent of total... stock involves EFSF/ESM/IMF loans of almost 220 billion (69 percent of total). Bonds amount to around

    2%

  5. Unemployment edges up to 24.4 pct in Q4 on seasonal drop in employment
    Photo by MacroPolis

    EconomyMacroeconomy

    of long-term unemployed to total jobless rose for the third successive quarter to 74.3 percent, its highest level since Q3 2014. Part-time employment increased to 9.4 percent of total employed, with 69.5

    2%

  6. Jan-Feb budget primary surplus soars to 3.04 bln, aided by underspend and PIB revenues

    EconomyMacroeconomy

    billion. Thus, we conclude that the total revenue outperformance is attributed to the non-tax..., slightly above target of 1.68 billion. Overall, total expenditure rose by 2.5 percent to 7.94 billion

    2%

  7. Declining flow of refugees gives struggling government some hope

    PoliticsForeign Policy

    on Monday, there are no more than 5,300 people (out of a total of just over 50,000) at the reception... responsible for 23 percent of total foreign investment in Turkey last year. However, the awkward

    2%

  8. Greek tax wedge remained far above OECD average in 2015

    EconomyMacroeconomy

    contributions minus family benefits, while the denominator is the total labour costs comprised of gross... for 82 percent of the total tax wedge in Greece, which is 19 pp above the OECD average of 63

    2%

  9. Marginal deposit inflows of 55 mln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    to the exceptionally high positive flow of 2.65 billion in December. Total deposits - which also... billion. The negative flow of total deposits in March incorporates non-euro area residents and gg outflows

    2%

  10. General gov't figures shed more light on course of spending, revenues during crisis

    EconomyMacroeconomy

    in 2015. The combined effect of higher primary expenditure and lower interest payments led total... the same six-year period by a total amount of 30.76 billion with the deficit landing at 5.6 billion

    2%