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Newsletter 462 - 16/05/2025
mismanagement are set to occupy Parliament in the coming weeks. The latest polling indicates that New...%.EconomyState arrears rear their head again as stock hits almost 3 blnBad habits of the past appear... (EOPYY). When tax refunds in arrears are also included, the total overdue obligations of the state come
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Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
PoliticsGreek Politicsattempted to show decisiveness in dealing with the issue by pledging that a task force would be set up... budget of around 3 billion euros. Mitsotakis again argued that this matter is the result of years... 500,000 in total.
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Newsletter 219 -13/09/2019
contributions, which is set to begin next summer, has an estimated cost of 200 million euros. The total... and set out the reductions in taxes that New Democracy believes will help reach that target... dispensations are provided for companies that set up in business parks, as well as the creation
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomy) and state budget (-3 million). At 31.2 percent of the total, hospital arrears make up the majority... euros, bringing the total figure to a deficit of 425 million euros. The equivalent figure... the total rose by 163 million euros YoY and came to 1.24 billion euros against 1.07 billion euros
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BoG sees ample capital space for banks to sell bad loans
EconomyBankingto sell at a price of 3 percent of nominal almost 65 percent of the total portfolio in scope... of provisions and total coverage ratio including collaterals. The study’s objective is to assess... for the sale starts at 3 percent of the portfolio’s nominal value, up to 20 percent. This is measured
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomy, bringing the total figure to 68 million euros. The equivalent figure for the same time last year was 1.22 billion. A decline was also noted in social security funds (SSFs), where the total fell by 289... was observed, taking the total to 7.17 billion euros. This was followed by other revenue with a small
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomyat 173.74 billion euros for 2015, 6 percent lower than last year’s budget and 3 percent below 2014 figure... is attributed to the delay in the payment of two property tax (ENFIA) instalment of a total amount... interventions agreed in the context of the last MoU. The total fiscal impact stands at 6.38 billion
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Newsletter 72 - 06/05/2016
, following a debate that should begin on the previous morning, accounts for around two-thirds of the 3... stretched in approving the basic 3 percent of GDP in measures, making it too much of a risk to ask his MPs... savings of 3 percent of GDP (5.4 billion) by 2018 for Greece to achieve the primary surplus targets
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Finance Ministry challenges SYRIZA's plans for economy, ups cost
Economyfor those under the poverty limit so that the total servicing of their obligations for taxes, bank loans..., total non-performing loans (NPLs) amount to 77 billion euros, of which 42 billion stem from..., particularly sources stemming from: settlement of unpaid taxes (with estimated revenues of 3
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Greek gg primary cash surplus at 2.2 bln in 2014, arrears down to 3.75 bln
EconomyMacroeconomydisplayed the highest primary surplus at 2.42 billion euros in 2014, albeit lower than the 3 billion... settling at 1.77 billion making up 47 percent of total arrears. Tax refunds were the only subsector... percent of total. Hospitals’ arrears are the third key contributor with the outstanding figure at 606
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