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  1. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    ) with a fall of 507 million euros from a year earlier, bringing the total for the month to a deficit... of the total, hospitals made up the largest part of the arrears in March. Debt Central government gross debt... increase in outstanding bonds to 74.3 billion euros in March, 19.5 percent of the total. Repos increased

    18%

  2. New tax debt at 2.31 bln March, rising by 685 mln month-on-month

    EconomyMacroeconomy

    categories showed a rise of 627 million euros month-on-month, bringing the total to 2.16 billion... each month, according to the latest data from the IAPR. Total debtors stand at 3.99 million, decreasing by 148,554 people month-on-month. The total for legacy tax arrears (i.e. those created before

    18%

  3. Current account shows deficit of 1.46 bln in March as imports rise

    EconomyMacroeconomy

    million, dropping by 89.4 percent as foreign visitor arrivals dropped by 63 percent. A total of 57.6... payments came to 24.7 million, down 58.2 percent. Total imports came to 5.46 billion euros, from 4.21 billion last year, increasing 29.7 percent YoY. At the same time, total exports came to 3.3 billion

    18%

  4. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    securitizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro...) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY.... The total capital ratio at 14.2 percent, rising to 17.5 percent pro forma. The pro forma fully loaded

    18%

  5. New tax debt at 2.56 bln April, rising by 249 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    tax categories showed a rise of 168 million euros month-on-month, bringing the total to 2.33 billion... each month, according to the latest data from the IAPR. Total debtors stand at 3.94 million, decreasing by 53,998 people month-on-month. The total for legacy tax arrears (i.e. those created before

    18%

  6. New tax debt at 2.9 bln in May, rising by 340 mln month-on-month
    Photo by MacroPolis

    EconomyMacroeconomy

    categories showed a rise of 315 million euros month-on-month, bringing the total to 2.65 billion... month, according to the latest data from the IAPR. Total debtors stand at 3.91 million, decreasing by 32,775 people month-on-month. The total for legacy tax arrears (i.e. those created before the end

    18%

  7. Govt grabs opportunity offered by escape clause to entice voters with support package
    Photo via www.primeminister.gr

    Economy

    needed for this weekend’s announcement, which reached a total of 3.4 billion euros, or 2.35 billion... fiscal correction in the coming years that would see the total deficit falling to 2.9 pct next year from 9.9 pct this year is seen mostly on the expenditure side, where total spending is expected

    18%

  8. Short-term fix for electricity bills leaves open questions for green transition strategy

    Society

    declined significantly in recent years it can still reach double digits as a percentage of the total... offline by the end of this summer, out of the total 3,900 MW of installed lignite capacity in operation... would add approximately 112 million euros to the total cost of electricity consumed by low voltage

    18%

  9. Newsletter 314 - 29/10/2021

    Newsletters

    , vaccination rates in Greece remain some way below the EU average as less than 65 pct of the total... and 500 million through the latest green bond. Since the pandemic started, the total amount of bonds... bond by NBG and 600 million by Piraeus. The total amount of funds drawn by the markets increases

    18%

  10. Public sector hires under scrutiny again with more in the pipeline
    Photo by MacroPolis

    PoliticsGreek Politics

    been the sectors hit hardest by the departures, accounting for 44 pct and 22 pct respectively of total retirement applications in 2020, and 53 pct and 20 pct of the total in 2021. The government plans.... Total hires, including temporary staff, could exceed 45,000 in 2022 according to a plan presented

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