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  1. Budget execution improves significantly in Oct, primary surplus reaches 4.53 bln

    EconomyMacroeconomy

    income tax fell by 1 percent to 922 million. Total ENFIA revenues are targeted at 2.65 billion euros... in the 10-month period to 5.33 billion, in line with target. Overall, total expenditure fell by 4.8 percent

    3%

  2. SYRIZA fails to make any friends with new public sector wage grid
    Photo by MacroPolis

    PoliticsGreek Politics

    of a total of 567,000 civil servants receiving pay rises of between 15 and 80 euros, spread out over.... The total annual cost of these changes is estimated at around 300 million euros during the four-year

    3%

  3. Greece close to agreement that would unlock sale of Astir Vouliagmenis

    Economy

    ) with the total size of the hotel complex at 120,000 square meters. Market sources indicate that NBG would receive 300 million from the total consideration of 400 million and HRADF the remaining 100 million

    3%

  4. Coalition poised to unveil pension reform proposals, hoping to avoid cuts
    Photo by MacroPolis

    EconomyProgramme

    , a total of 2.66 million pensioners in Greece receive 2.38 billion per month. A total of 2.91 million

    3%

  5. Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average

    Economy

    Total receipts from taxes and social security contributions in Greece improved to 39 percent of GDP in 2014 from 38.3 percent in 2013, Eurostat figures showed on Friday. Despite the recorded... percent of total in Greece compared to 30 percent for the euro area and 32.1 percent for the EU. Net

    3%

  6. Newsletter 59 - 22/01/2016

    Newsletters

    their total tax and SSC burden to more than 80 percent of their net income. A joint committee... market value. HRADF said the total value of the transaction would reach 1.5 billion, when revenues

    3%

  7. Credit contraction slows to 2 pct in Dec on net loan additions of 210 mln

    EconomyMacroeconomy

    .[Link to chart - Loans, Total, Balance, Year on Year] The segmental breakdown showed corporate lending... euros with deductions increasing to 47 million in December to a total of 167 million for the whole year

    3%

  8. 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

    3%

  9. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    in contributions e.g. for 1 pp in total. This means that the government has to consider alternative measures... in the implementation process. In addition, the government has to identify measures yielding in total 1 percent

    3%

  10. 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

    3%