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  1. Public investment under spotlight amid arguments over budget execution
    Photo by MacroPolis

    EconomyMacroeconomy

    funds 166 million and 859 billion by other legal entities, to make up the actual spend of 4.97

    9%
  2. Greece is gasping for a deal
    Photo by MacroPolis

    Agora

    that Greece had to pay back to the IMF in March. Each of these payments brings relief that a possible... in to the cash reserves of several general government bodies to pay its debt obligations, which include... has been that in order to pay salaries, pensions and lenders, the government has held back

    9%
  3. 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

    9%
  4. BoG reveals number of indebted borrowers, details business NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    ‘unlikely to pay’ exposures accounted for 27.6 percent of the total figure. More than 14 percent... exposures overdue for more than 90 days (28 billion) and those unlikely to pay (30 billion). According.... A closer look at business NPEs shows that from total loans of 64 billion granted to 30,000 large corporates

    9%
  5. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    MoM (+114 million) and YtD (+804 million) rise to a total of 2.57 billion at the end of August making... billion in August, corresponding to 20.7 percent of total. Tax refunds’ arrears are the third key contributor to total stock with its balances landing at 809 million at the end of August making up

    9%
  6. Unpaid social security contributions almost reach 15 bln

    Macroeconomy

    (ETAA). From the total overdue amount provided by KEAO, 11.04 billion euros or 74 percent of the total... owing less than 15,000 euros each for an aggregate amount close to 1 billion (6.7 percent of total... percent of total). Meanwhile, 995 debtors (0.4 percent of total) owe more than 1 million each for a total

    9%
  7. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    by general government entities as well as defaulted debtors. From the total overdue amount, 11.55... of 963 million (6.1 percent of total). In addition, one in four debtors owes between 15,000 and 30,000 euros each for a total amount of 1.35 billion (8.6 percent of total). On the other side

    9%
  8. Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    . The qualitative characteristics revealed that the ‘unlikely to pay’ (performing or past due less than 90 days) NPEs widened further to 28.5 percent of total NPEs last December from 26.2 percent a year ago, while... in 2016, corresponding to 21.4 percent of total exposures from 17.6 percent a year ago. Specifically

    9%
  9. Extra taxation did not increase revenues in 2017
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    billion euros, 589 million euros higher than the figure for 86.78 billion in 2017. In 2017, the total... that according to the 2017 fiscal data, Greece produced a total surplus of 1.45 billion euros, which... in 2016 when the latest figures report a total balance of 0.6 percent of GDP, or 1.09 billion euros

    9%
  10. Newsletter 164 -01/06/2018

    Newsletters

    pay gap in Greek market The stock of unpaid social security contributions (SSCs) increased to 31.87... billion euros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase... and 30,000 euros each for an aggregate amount of 2.98 billion (9.3 percent of the total). The number

    9%