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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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Internet usage high but unexploited by Greek enterprises
EconomyFeatures, this percentage has been falling rather than growing across the last few years. Around 64.8 percent of the total... was not much higher at 57.7 percent. Additionally, out of a total of 992,311 persons employed in 23,220 enterprises, 45.7 percent reported using computers for business purposes. Out of this total, 39.9
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General govt primary cash surplus at 5.93 bln in Dec, arrears fall by 584 mln
EconomyMacroeconomybillion while compensation of 16.22 billion euros accounted for 20.4 percent of the total. Arrears... and tax refund arrears by 11 million. Since the start of 2017, total arrears declined by 1.58 billion... the largest portion of overall arrears at 45.5 percent of the total, and stood at 1.51 million in December
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Central government debt grows to 328.70 billion in Q4
EconomyMacroeconomy’s share of overall loans, accounting for 70.9 percent of the total and came to 232.96 billion... almost unchanged at 14.94 billion, accounting for 4.5 percent of the total debt, while repos reached 14.93 billion, also representing 4.5 percent of the total. The breakdown also showed that special
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Greek health care spending in the spotlight
EconomyFeaturesaccepted a total of 50 million euros in kickbacks from the Greek subsidiary of the pharma giant..., Greece’s health care spending outpaced the country’s growth rate, with total expenditure on health... following 2009. According to Eurostat, total expenditure on health was cut by a third, between 2009
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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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General govt primary cash surplus at 3.26 in Feb, arrears up by 237 mln
EconomyMacroeconomyof the total. Arrears Arrears to the private sector (including tax refund arrears) rose by 237 million after... was tax refunds, which constitute 22.9 percent of the total (776 million). Debt Central government gross... billion, representing 69 percent of the total debt. Bonds rose to 53.46 billion (15.9 percent of the total
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Overdue social security debt at 31.87 bln in Q1, debtors at 1.2 mln
EconomyMacroeconomyeuros (10.6 percent of the total). Overall, 839,891 debtors fall into this category, an increase... euros each for an aggregate amount of 2.98 billion (9.3 percent of the total). The number of debtors in this bracket rose by 1,534 to 136,888. Over one fifth of the total debt (21.7 percent) is owed
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Greek banks push for return to normality
EconomyBankingthe total of non-performing exposures (NPEs) to stand at roughly 35 percent of all loans by the end of next year. Moody’s saw the bank’s capital at comfortable levels, with the CET1 ratio for the total... by 3.29 billion month-on-month. July’s reduction brought the total for central bank funding to 13.02
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Travel surplus rises by 17.4 pct in H1 as sharp rise in visitors drives receipts growth
EconomyMacroeconomyaccounted for the lion’s share of total expenditure in H1 2018 at 80.4 percent with corresponding receipts... percent). Receipts from trips for health purposes fell by 15 percent year-on-year to total 20 million.... Visitors from within the EU 28 made up 63.9 percent of the total, with non EU visitors accounting for 25.9
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