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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeaturesthe line, a new set of instruments and institutions has emerged to manage bad debt, a large portion... (the ratio of bad debt to the total stock of debt) reached its lowest point on record at 5.2 pct... of the total at the end of 2018. Cleaning up the banks’ balance sheets became a policy priority
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Newsletter 198 -15/03/2019
that Greek authorities are set to agree that the total value of the property owned by the applicant must... for the protection of primary residences. The European Commission set out a list of changes it felt should.... According to Euro2day, the government is set to agree to the threshold for the maximum deposits
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IAPR annual data shows growing tax pile and pressure on middle-income taxpayers
Economy, a total of 5.5 billion euros was collected last year from such interventions. For the current year, the IAPR has set a target of enforced debt collection methods to 66 percent of the total amount of tax... due from debtors. In total, around 816,721 bank accounts of taxpayers and tax debtors were accessed
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Newsletter 228 -15/11/2019
. A total of 16 agreements were signed, ranging from MoUs on the export of Greek saffron and kiwi fruits... government has set its sights on the last Eurogroup of the year, hoping that it will manage to secure from...-term growth prospects set at just 0.9 percent. At this rate, the Fund calculates that it will take
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Newsletter 243 -13/03/2020
and playgrounds on Thursday. As of Friday morning, Greece had reported a total of 117 cases, 34 of whom were... increasingly gloomy about the impact of the coronavirus. The legislative act for the first set of measures... in impacted areas that had to close for more than 10 days. The government is working on a second set
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General govt primary cash surplus at 2.91 bln in Feb, arrears rise by 83 mln
EconomyMacroeconomyof the total debt. In the other underlying subcategories, T-Bills edged down by 3 million to 15.28... (+15 million). Since the start of the year, total arrears have risen by 118 million, with declines... the biggest decline (-26 million) followed by tax refunds (-26 million) and state budget (-3 million
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European Commission review of Greek programme: The key points
EconomyProgrammethe end of August 2014. Following the recent 5-year bond issue of 3 billion, these needs have been... through repo operations which would fetch up to 3 billion and b) use of idle resources available in other... and 3 pp in 2015-16. After a material improvement in 2013, the Current Account (C/A) balance
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Newsletter 29 - 05/06/2015
lenders are demanding new fiscal measures of around 3 billion, which is markedly higher than the 1–1.5... surplus targets to 1 percent of GDP for 2015, 2 percent in 2016, 3 percent in 2017 and 3.5 percent... on the previous coalition government) of 3 percent for 2015, 4.5 percent for 2016 and 2017 and 4.2 percent
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Newsletter 492 - 23/01/2026
PoliticsMitsotakis holds line on 3% election threshold as past crises re‑emergeA cabinet meeting... of a possible change to the threshold for electing MPs and to set out plans to extend voting rights..., the Greek PM reaffirmed that the 3% parliamentary threshold will remain unchanged for the next
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How SYRIZA says it will fund its economic policies
Economyof the outcome of upcoming negotiations with Greece’s eurozone partners. The total cost of the Thessaloniki... pillar, 3 billion to employment and 1.86 billion to humanitarian crisis. SYRIZA claims... buffer, which currently stands north of 11 billion euros. SYRIZA anticipates that 3 billion euros
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