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Gov't unveils bill to overhaul pension system, increase income tax revenues
EconomyProgrammemonthly earnings of each employee for the total number of working years after applying progressive replacement rates. Replacement rates start from 0.77 percent for the first 15 years up to 2 percent... income. The reform proposal increases contributions for supplementary funds by 1 percentage point
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If you think it's bleak for Greece now, wait until tomorrow
Agoratrack record over the last 40 years is not a source for great optimism. Greece’s total factor... saw growth of 1.2 percent. The equivalent for Ireland has been more than 2 percent. Since reforms... that will endanger its clientelistic interests, total factor productivity in Greece is not seen
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Newsletter 76 - 03/06/2016
by September 30 and implemented as of 1 January 2017; and, third, the lifting of restrictions on the sale.... The total deposit figure, which also incorporates general government (GG) as well as euro and non... of 1.04 billion. Overall, total deposits fell to 136.55 billion, which is the lowest reading since
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The story behind Attica Bank, the non-systemic lender thrust into the spotlight
EconomyBankingshare of 1.5 percent. The loan breakdown shows corporate loans make up 71.9 percent of total, while... percent to industry. The bank operates via a network of 70 braches (2.9 percent of total) with a staff of 871 employees, which makes up 2 percent of the Greek banking personnel. In 2015, Attica posted
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Newsletter 91 - 07/10/2016
surplus by around 1 billion. The breakdown showed revenues increased by 3.86 billion to 48.94 billion... to the private sector fell for the second successive month by 629 million in August, bringing the total drop... headline figure is the lowest unemployment reading since March 2012. 2 Taxing challenges Govt opts
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Deposits edge down to 123.5 bln in September on outflows of 379 mln
EconomyMacroeconomy. Total deposits – which also incorporate those of general government (GG) as well as of euro and non-eurozone residents – recorded modest inflows of 153 million in September, from almost 1 billion in the previous month. The positive flow in September total deposits primarily stems from GG and non-euro
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Newsletter 101 - 23/12/2016
1 million euros each over the 2010–2015 period, concluded that one in six companies on average was deemed to be a strategic defaulter. In addition, the share of strategic defaulters to total non... of becoming strategic defaulters. 2 Comparable primary cash surplus widens Revenues increase in eleven-month
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Newsletter 132
euros to total 4.86 billion euros. After recording a surplus in the previous month, the Public... in the ELA ceiling for Greek banks was approved this week by the ECB. This brings the total to 33.6... deposits. 2 Industrial turnover rises 8.6 pct in July Headline figure is eighth straight positive
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Unpaid contributions rise to 33.86 bln as more legacy debtors added
EconomyMacroeconomyin the second quarter (Q2) of 2018, increasing by nearly 2 billion compared to the figure of 31.87 billion... short of 1.4 million. Most debtors, 49 percent of the total, owe less than 5,000 euros for a total... contains 93,363 debtors owing 5.18 billion euros, followed by those that owe more than 1 million
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Newsletter 180 -26/10/2018
a total fiscal surplus of 1.4 billion euros, or 0.8 percent of GDP, unchanged from the first... was the equivalent of 1 percent of GDP, or 1.8 billion euros. Athens expects that it will beat its... expects an excess surplus of 122 mln next year (total primary surplus at 3.56 percent of GDP
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