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New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
EconomyMacroeconomycategories showed a rise of 315 million euros month-on-month, bringing the total to 2.65 billion... month, according to the latest data from the IAPR. Total debtors stand at 3.91 million, decreasing by 32,775 people month-on-month. The total for legacy tax arrears (i.e. those created before the end
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Govt grabs opportunity offered by escape clause to entice voters with support package
Economyneeded for this weekend’s announcement, which reached a total of 3.4 billion euros, or 2.35 billion... fiscal correction in the coming years that would see the total deficit falling to 2.9 pct next year from 9.9 pct this year is seen mostly on the expenditure side, where total spending is expected
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societydeclined significantly in recent years it can still reach double digits as a percentage of the total... offline by the end of this summer, out of the total 3,900 MW of installed lignite capacity in operation... would add approximately 112 million euros to the total cost of electricity consumed by low voltage
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Newsletter 314 - 29/10/2021
, vaccination rates in Greece remain some way below the EU average as less than 65 pct of the total... and 500 million through the latest green bond. Since the pandemic started, the total amount of bonds... bond by NBG and 600 million by Piraeus. The total amount of funds drawn by the markets increases
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BoG sees banks on right path, warns impact of pandemic not visible yet
EconomyBanking, Common Equity Tier 1 dropped to 12.5 pct, from 15 pct in the end of last year. The total capital ratio... into consideration the impact of IFRS 9, then DTCs are 71.5 pct of total prudential funds. BoG has been... banks and the state, the bank-sovereign nexus. Total exposure stands at 26.4 pct of total bank
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Reopening of 7-year bond affirms tougher conditions on sovereign debt market
Economythe process on Wednesday, which brings the total for the issue to 3.92 billion euros, from 2.42... of the total 12 billion euros debt strategy. The issue was reopened on Wednesday morning... a diversified investor base, with 68 pct coming from abroad, and a total of 110 accounts participating
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Newsletter 442 - 22/11/2024
is high, requiring two thirds of Parliament to vote in favour, a total of 200 out of 300 MPs.... This corresponds to close to 55 pct of tax revenues this year and next, and 51 pct of total budget... above the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal
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Hiring balance turns negative in Dec, 2024 balance down by 46,300 jobs
EconomyMacroeconomydeterioration in December of 32,714 less jobs. Total hirings in December came to 219,773 versus 233,991 departures. Voluntary departures accounted for roughly 33 pct of the total, with the remaining... by 46,300 jobs as the total balance was positive by 70,349 more hires. Total hires came to 3.31 million
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Newsletter 451 - 14/02/2025
exports have had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total exports fell below 50 billion... products is excluded, as exports grew by 2.4 pct in 2024. Looking at total exports, trade with EU
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Trump trade war could take a toll on Greek economy
EconomyMacroeconomy, which are by far in the EU. Greek exports have had a difficult time in recent years, as total exports continued to decline, falling by 2.2 pct in 2024, after falling by 8.5 pct in 2023. Greece's total... at total exports, trade with EU countries amounted to 27.43 billion euros and with third countries
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