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  1. Unpaid taxes ease to 1.16 bln in Feb, collections progress at stable rate

    EconomyMacroeconomy

    the evolution of this year’s tax arrears for the first time on Monday. The reported figures mean.... According to the year to date figures, tax arrears stood at 2.48 billion euros. This means the monthly... billion at the end of 2014. The year to date reduction reflects payments of 353 million and write

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  2. Greek current account deficit widens by 27.4 pct in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    from 729 million last year, according to the Bank of Greece (BoG). The negative change by 200 million year on year (YoY) mainly stems from the deterioration of the primary income balance by 358 million.../A deficit widened by 66.7 percent to 1.78 billion from 1.06 billion last year. The deterioration

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  3. Greek women having children later, young people taking longer to fly the family coop

    Society

    to leave the parental home, with the average age of departure increasing from a full year from 2005... year olds still living in the parental home. At the other end of the scale, Swedish youth... drop in the total number of unions over the ten year period from 2003 to 2013, when they fell from

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  4. Greek banks’ loan quality is deteriorating
    Photo by MacroPolis

    Economy

    loan portfolios in the first two months of the year. This was mostly evident in household lending... quality accelerated markedly in the first quarter of this year. Local media claimed that around 2 billion euros of new NPLs were added to end-2014 stock in the first two months of the year, while

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  5. New unpaid taxes rising steadily, reach 3.5 bln in Q1

    EconomyMacroeconomy

    show tax arrears reached 3.47 billion euros in the year to date, which implies a monthly average... to 72.98 billion euros in March from 73.25 billion in February. The year to date drop by 809 million... and legacy debt amounted to 76.45 billion euros at the end of March, up by 2.66 billion year to date

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  6. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    percent primary surplus this year is still achievable if a deal is concluded with lenders soon. However... of its election pledges. The promise to scrap the unpopular single property tax (ENFIA) this year... the next few months, his government will replace ENFIA in the second half of the year. The tax brought

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  7. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    will not be that impressive. The first repatriation law was effective for one year from the summer of 2004. It applied... of the year. This means that revenues from the tax arrears’ settlement would exceed 600 million this year, which is well above the initial target of 300-400 million. However, the institutions

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  8. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at 205.1 million euros in March from 181.1 million last year. Travel payments increased at a higher pace... of 8.1 percent to 49.4 million from 45.7 million a year ago. The double-digit rise in receipts... surplus improved by 22.7 percent ot 69.1 million in Q1 2015 from 56.3 million last year. As was evident

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  9. Newsletter 29 - 05/06/2015

    Newsletters

    half of the year. The institutions are reportedly proposing the downward adjustment of the primary... now foresee a primary deficit of 0.67 percent this year unless new measures are adopted. Thus... this year. Those measures mainly involve introducing a new VAT rate of 11 percent for to include

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  10. Why doesn't Tsipras just cut defence spending?

    Agora

    in 2009 but this fell to 4 billion by last year – a 47.7 percent reduction. According to the Greek... this commitment last year, according to IISS. Last week NATO chief Jens Stoltenberg referred... air force jets conduct unauthorised overflights in Greek air space each year. More recently, Turkish

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