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General government primary cash surplus substantially widens to 5.3 bln by September, arrears edge down to 6.2 bln
EconomyMacroeconomybillion remains the highest expenditure figure making up 51.6 percent of total followed by compensation, which stood at 11.66 billion accounting for 21 percent of total expenditure. Arrears Arrears... making up 47.5 percent of total arrears, followed by tax refunds of 1.44 billion (23.1 percent
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Newsletter 129 - 28/07/2017
in April 2014 for a total amount of 4.03 billion euros at a price of 102.6 percent of nominal value.... Total offers amounted to 6.25 billion from 200 investors, largely dealing in real money, according.... Of the total amount of 3 billion raised from the new bond issue, 1.57 billion stemmed from the debt swap
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The race to reduce Greece's bad loans
EconomyBanking, the SSM is expected to put the total of NPLs at around 20 percent of total loans and down to single... to December 2017. The total volume of NPLs was reduced by 1.1 billion QoQ. During the quarter, corporate.... A total of 1.8 billion in bad loan portfolio sales are scheduled for 2018. Eurobank’s Q1 results put NPE
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Newsletter 188 -21/12/2018
billion euros to 45.26 billion euros against last year’s total of 43.17 billion. Year-on-year... annual bonus reinstated that would bring the total to 800 million euros per year on an ongoing basis... impact becomes substantial if the decision becomes applicable for pensioners, who also had a total
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General govt primary cash surplus improves to 6.4 bln by Nov, arrears drop to 5.6 bln
EconomyMacroeconomymillion to 5.22 billion. Social benefits of 35.45 billion euros accounted for 51.7 percent of total expenditure, followed by compensation at 14.34 billion making up around 21 percent of the total figure... billion at the end of November, making up 42.4 percent of the total. They were followed by tax
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General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
EconomyMacroeconomythan half of total expenditure, while compensation of 3.89 billion accounts for 21.5 of the total... billion euros, making up 45.5 percent of total. They were followed by tax refunds of 1.12 billion (22.2.... As a result, EFSF/ESM/IMF loans stood at 225.48 billion making up 69.1 percent of total debt
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Newsletter 134
included in the MTFS, which was only submitted in mid-May. Total revenues have been downward revised from the MTFS figure by over 500 million, from 52.73 billion to 52.22 billion euros. This total figure is even lower than in 2016, when it landed at 52.34 billion. In the draft budget, the total revenue
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Greek banks' NPL selloff gathers speed
EconomyBankingfor the disposal of a Portfolio of Retail Unsecured Non-Performing Loans. The total outstanding aggregate balance comes to 3.7 billion euros, and a total outstanding principal amount is 2 billion euros... at 90 million or approximately 4.5 percent of the total outstanding principal amount. The servicing
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Tourism helps bring Greek unemployment down to 26.4 pct in July
EconomyMacroeconomyfor a job. In addition, only 111,789 or 11.5 percent of total registered receive the monthly 360-euro.... The number of unemployed slipped by 12,200 MoM and landed at 1.28 million in July. Since 2009, the jobless... and 45-54) posted a much lower drop YoY and landed at 35.4, 22.3 and 20.4 percent respectively
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Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
EconomyVAT Total Tax Liability (VTTL). The report showed that the VAT gap in the EU stood at 159.5 billion... of VTTL landed at 14.1 percent in 2014, marking its first decrease since 2011. The Greek ratio fell from... euros and landed at 17.6 billion in 2014. As a result, the VAT gap narrowed by 1.42 billion to 4.93
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