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  1. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    to pay their ENFIA via credit card. This means that state collected the whole amount upfront, while taxpayers will pay (to the bank) their obligation in 9-12 monthly instalments. It should be noted... billion in the 9-month period, 82 million lower than target. Overall, total expenditure edged up

    5%

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

    EconomyMacroeconomy

    inability to pay. For the companies classified in the third category, the key criterion... their loans in one bank but did not pay their loan obligations to the other banks. The study revealed..., the share of strategic defaulters to total non-performing loans (NPLs) remained broadly stable over

    5%

  3. Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
    Photo by MacroPolis

    EconomyMacroeconomy

    to a quarter of employed men. Male employment makes up more than 53 percent of the total, or 1.11 million out of approximately 2.07 million workers. The data from EFKA shows that there is pay gap between men... was for just over 16 days and the average wage was 23 euros. The pay gap between men and women is evident

    5%

  4. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase by around 42.8 percent since 2010, while Greeks have seen their annual take‐home pay decline by 21... the total amount from tax measures rising to 5.12 billion from 3.06 billion in 2016. Criticism

    5%

  5. Athens ready to start legislating fiscal measures despite ongoing talks over 2019 budget
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the so-called “positive measures” promised by Tsipras. The backpay relates to various pay cuts made in the period up to the end of 2016, and will not affect salaries going forward, as a new pay scale... a combined total of 253 million euros. This is still short of the reported fiscal gap

    5%

  6. Increase of 11 pct in minimum wage to have knock-on effect in economy
    Photo by MacroPolis

    Economy

    minimum wage of 650 euros gross translates into 546 euros net pay and is almost 64 euros higher... will see pay rises as their salary is based on the minimum wage. Knock-on effect Additionally... paid. The total cost is higher for married workers who have experience, with the social security

    5%

  7. Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
    Photo by MacroPolis

    EconomyProgramme

    to agree that the total value of the property owned by the applicant must not be higher than value... approval from the European Stability Mechanism for the right to pay off at least some of its loans... to surcharges. Kathimerini reported on Thursday that Athens would like to pay off this year’s and next year’s

    5%

  8. Athens waits for green light from Eurogroup so it can settle IMF loans early

    EconomyProgramme

    the European Stability Mechanism (ESM) to pay off some or all of its loans to the International Monetary Fund... the money it owes to the IMF. The government has made no secret of its desire to pay off early some... of the total that Greece is in line to rap the markets for this year, the government would like another foray

    5%

  9. PM hopes North Macedonia visit, debt relief decision will provide lift
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsGreek Politics

    of the programme. The disbursement would also allow the government to move ahead with its plan to pay off at least some of Greece’s loans from the International Monetary Fund, which total close to 10 billion... for Hellenic Fertilisers (ELFE), a company which failed to pay tens of millions of euros in gas bills

    5%

  10. Early IMF repayment next goal for Athens after concluding second post-MoU review
    Photo by Andrea Bonetti/Fosphotos

    EconomyProgramme

    that it can pay off early at least some of the 10 billion euros it owes to the International Monetary... during Greece’s second programme. Added to this 870 million euros in total is another 103 million already.... However, it had underestimated the importance and attention that the lenders would pay to the new

    5%