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  1. 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

    1%

  2. 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

    1%

  3. 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

    1%

  4. 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

    1%

  5. 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

    1%

  6. 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

    1%

  7. 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

    1%

  8. 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

    1%

  9. 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

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  10. 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

    1%