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  1. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    to almost 280,000 in Q1, with 38.3 percent owing less than 15,000 euros each for an aggregate amount... and 30,000 euros each for a total amount of 1.35 billion (8.6 percent of total). On the other side of the spectrum, 1,049 debtors (just 0.4 percent of total) owe more than 1 million each for an aggregate

    5%

  2. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    of debtors owe less than 15,000 euros each for an aggregate amount of 1.14 billion euros (6.9 percent of total). Moreover, around 24 percent of debtors owe between 15 and 30,000 euros each for an aggregate... 0.4 percent of total) owe more than 1 million each for a total amount of 3.76 billion euros, which

    5%

  3. Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

    EconomyMacroeconomy

    15,000 euros each for an aggregate amount of 1.11 billion (6.6 percent of total). This bracket... 24 percent of debtors owe between 15 and 30,000 euros each for an aggregate amount of 1.54 billion...) owe more than 1 million each for a total amount of 3.85 billion, which corresponds to 22.7 percent

    5%

  4. Bank of Greece study finds one in six local firms is strategic defaulter
    Photo by MacroPolis

    EconomyMacroeconomy

    of 13,000 firms with outstanding loan obligations of at least 1 million euros each between 2010–2015...-performing. The financial ability of each company was based on the internal credit rating applied by each

    5%

  5. Compromise proposal on table ahead of Friday's Eurogroup
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    in advance whether fiscal targets for each year are likely to be met, which will consequently trigger... and the Greek government to agree each autumn, starting from 2018, on the fiscal outcome of that year... and the second child of each family, a benefit for all families with small children, covering

    5%

  6. Greece agrees package of measures with IMF, eurozone to seal review
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    as the pension cuts and reduction in the tax-free threshold yielding 1 percent of GDP each in 2019 and 2020... involve spending increases in 2019 and tax relief in 2020 to the tune of 1 percent of GDP each... proceeds for 2017 and 2018 are estimated at 2.2 billion euros in each year, but both figures are under

    5%

  7. General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    compensation and subsidies rose by 96 million each. It is noted that social benefits make up more... in SSFs. The other four sub-sectors posted an increase of 29–59 million each in their arrears... as in guarantees to general government entities by 455 million each. Overall, bank-related guarantees

    5%

  8. Greek competitiveness rank remains low as tax, bureaucracy create obstacles
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    that within each income group, the three most competitive economies in 2007 have since grown... that the country lags behind in nearly each of the 12 pillars of competitiveness. A predictable mix... in Greece, namely tax rates, inefficient government bureaucracy and tax regulations. Within each

    5%

  9. Overdue social security debt reaches 30.5 bln in Q3 on consolidation of debtors

    EconomyMacroeconomy

    shows that nearly three quarters of debtors owe less than 15,000 euros each for an aggregate amount... between 15 and 30,000 euros each for an aggregate amount of 2.93 billion (9.6 percent of the total... has collected revenues of 2.55 billion since 2013 with a double-digit rise in each of the last two

    5%

  10. Conclusion of third review closer as extensive bill tabled by coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    launched in November and currently only a handful are carried out each week. According to the draft legislation, e-auctions will be held on Wednesday, Thursday or Friday each week but not during the month... and 140 euros per month for each child if they qualify for the scheme. The government says that around 90

    5%