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Overdue social security contributions rise to 34.79 bln in Q4 2018
EconomyMacroeconomyof the total). Overall, 992,484 debtors fall into this category, an increase of 3,423 from... amount of 3.45 billion (9.9 percent of the total). The number of debtors in this bracket rose by 551 to 164,212. Over one fifth of the total debt (22.6 percent) is owed by 0.1 percent of debtors
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Social impact of crisis seen easing in 2018, but 31.8 pct still at risk of poverty/exclusion
Societyof poverty or social exclusion stood at 31.8 percent of the total population (3,348,500 persons... percent of the total population, or 3,701,800 people. As the figures show, after steadily rising from... relative inequality in income distribution, compares the total of equivalised disposable income received
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresgenerates an indirect contribution of 1.20 euros, resulting in a total generation of 2.20 euros... a year-on-year rise of 8.7 percent compared to 2016, the total for 2017 represents a decline.... Out of the total, domestic value added is estimated at 1.32 billion euros. The study also broke down
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Authorities aim to collect up to 11 bln after strong uptake in overdue tax scheme
Economy), a total of 722,109 taxpayers applied to the scheme, concerning amounts outstanding for tax. Of the total, more than 600,000 joined the scheme for the first time. Overall, the latest figures from the IAPR... 2019. Of these, 1.2 million are currently under forced collection measures. Of the total tax debtor
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Sharp rise in M&A activities as 2019 proves record year
EconomyFeatures) in Greece rose to 85 with the total deal value rising by around 600 million compared to 2018 to reach 4.3 billion euros. In total, Greek companies attracted around 12 billion in 2019. Apart from M&A activity mentioned, 5 billion of the total relates to corporate bonds, 1.2 billion to privatisations
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ProMacro_Scope
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Greek primary budget surplus at 707 mln as revenues beat target in May
Economybillion). The upward revision mainly stemmed from higher revenue targets (by 1 billion) counterbalancing... exceeding 1 billion euros per month. Indirect taxes continued were in line with the target despite... period to 9.11 billion euros. VAT rebounded 1 percent in May, while the 5-month figure eased 1.3
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Broadly stable rate in time deposits, corporate loan rates fall in Aug
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.87 percent in August.... Lower decreases of 19 and 4 bps were recorded for amounts higher than 1 million euros and between 250,000 and 1 million euros respectively. As a result, corporate loan rates in Greece remained around 300
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Athens grapples with awkward reduction of tax-free threshold
EconomyProgrammelegislated last May an income tax reform yielding 1 percent of GDP by 2018. This included an increase... of 7,723 euros), Greece could achieve 1 billion euros in savings that could sustainably finance... euros. The incremental revenues are seen at 1.8-2 billion euros (around 1 percent of GDP
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China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
Agoraplayers with different, at times conflicting agendas. The 16+1 cooperation format enables countries... would undoubtedly benefit more if they are operated on the basis of two-way traffic. [1] Countries... project is first and foremost about trade expansion. The existing 16+1 format focuses on the willingness
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