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Addressing some misconceptions about Greek budget revenues and unpaid taxes
Agoraconsumption taxes were almost exactly where they were expected to be. Overall, total tax revenues reached... reason for the total revenue underperformance. Tax arrears An important indicator related... published last March, the amount of total overdue taxes stood at 76 billion euros at that time
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Declared income falls 28.7 pct from 2011 to 2014, salaries and pensions suffer most
EconomyA total number of 8.52 million individuals declared annual net income of 73.93 billion euros...-earners and pensioners consistently make up more than three quarters of total declared net income... of total) in 2014, while that for farmers reached 1.34 billion and accounted for just 1.8 percent of total
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Deposit inflows of 2.65 bln in Dec, highest positive flow since Feb 2013
EconomyMacroeconomy, display total outflows were somewhat trimmed to 41.83 billion over this period. Total deposits.... In absolute terms, total deposits stood at 140.21 billion in December at similar to September levels. Apart from the private sector, the total deposit flow in December incorporates gg and other euro area
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Unpaid taxes reach 86.3 bln, 60 pct racked up since crisis began in 2010
EconomyMacroeconomypercent of total) owe less than 3,000 euros each for a total amount of 1.81 billion, corresponding to just 2.1 percent of total unpaid taxes. In addition, tax debt of 19.7 billion (22.9 percent of total) stems from a total of 4.3 million debtors owing less than 1.5 million euros each
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Pending pensions mount up, complicating fiscal effort
Economyin total on an annual basis, which would rise by another 1.5 billion if retroactive payments.... The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion. The pending supplementary pensions of ETEA stand at 128,000. In addition, there are a total of 44,200
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Q2 GDP rebounds 0.2 pct QoQ but shrinks 0.9 pct YoY amid consumption drop and investment rise
EconomyMacroeconomy. For H1, private and general consumption dropped by 1.4 and 2.6 percent respectively, leading total... up nearly 69 percent of the total figure. Since its peak in Q3 2009, household consumption has... of 1 percent in Q2 from 3.2 in Q1. Compared to last year, total exports dropped by 11.4 percent
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyof the agreement and a total of 51 percent will be paid by 2018. HRADF also said that the preferred investor accepted to undertake 8 billion euros in total investments, of which 80 percent will be implemented... of shopping centres and offices, while the share of recreation activities and hotel operations to total
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomy200 euros each for a total amount of 236.5 million. The breakdown also showed that another 3.07... percent of total), while for more than 432,000 taxpayers the tax obligation exceeded 1,000 euros for a total amount of 1.1 billion (40.4 percent of total). Overall, 6.39 million individuals were due
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Newsletter 92 - 14/10/2016
production by 4.6 percent, which accounts for around 21 percent of the total index that more than... percent weighting in the total index. The seasonally adjusted IPI rebounded 0.4 percent from... in August. However, the total number of vehicles sold (9,044) is the third lowest reading since
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In latest review of loan quality, BoG says capital ratios to remain high after targeted NPE reduction
EconomyBanking’ (performing or past due less than 90 days) NPEs widened to 27.6 percent of total NPEs in the first half... percent of total performing exposures from 12.7 percent at the end of 2015. In addition, exposures... to 19.5 percent of total exposures from 17.6 percent at the end of 2015. In specific, the stock
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