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  1. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    increased further by 1 percentage point (pp) to 36.8 percent of GDP in 2015 and remained above..., higher growth rates compared to the Greek ratio increase of 1 pp were recorded by Mexico (2.3 pp) and Turkey (1 pp). It is worth noting though that excluding social security contributions, the Greek

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  2. Central government debt increases by 1.99 bln to 364.86 bln in Q3

    EconomyMacroeconomy

    made up 76.3 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years... (+85.4 million). An increase of less than 1 million was seen in BoG loans. Declines were seen... percent. FSM loans continue to make the majority of total loans, accounting for 68.1 percent

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  3. General govt primary cash surplus at 2.82 bln in July, arrears unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    lending was largely unchanged and came to 2.38 billion euros, or under 1 percent of the total... period, rising by 443 million (1 percent) to 43.03 billion in the first seven months of the year... in hospitals. No change was noted in state budget arrears. Since the start of the year, total arrears have

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  4. General govt primary cash surplus at 1.98 bln in March, arrears rise by 62 mln

    EconomyMacroeconomy

    of the total. Bank of Greece lending edged down by 1 million in March and came to 2.38 billion, representing under 1 percent of the total. Guarantees The stock of gg guarantees fell by 122 million...) and local governments (+30 million). Since the start of the year, total arrears have risen by 177 million

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  5. GDP up by 2.3 pct year-on-year in Q1 on strong export growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent year-on-year (YoY) after upwards revised growth of 2 percent in Q4. The GDP movement in Q1... upwards revised growth of 2 percent in Q4. The headline GDP growth on an annual basis is the highest... consumption represents the majority of GDP, making up 88.1 percent of the total figure in Q1

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  6. Overdue contributions rise by 429 mln to 15.78 bln in Q1

    Economy

    of the spectrum, 1,049 debtors (just 0.4 percent of total) owe more than 1 million each for an aggregate... by general government entities as well as defaulted debtors. From the total overdue amount, 11.55... of 963 million (6.1 percent of total). In addition, one in four debtors owes between 15,000

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  7. H1 exports show notable fall in many sectors but agricultural products buck trend
    Photo by MacroPolis

    Economy

    the downswing in total exports largely reflects a drop in fuels by 24.1 percent to 2.9 billion... of 14.5 percent to 424 million, but account for just 3.6 percent of the total figure. In contrast, exports of agricultural products rose by 6 percent to 2.74 billion euros. Their share to total exports

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  8. Overdue contributions rise at accelerating pace of 615 mln in Q4, stock climbs to 17.54 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    side of the spectrum, 1,159 debtors (just 0.4 percent of total) owe more than 1 million each.... The released figures show that out of the total overdue stock of 17.54 billion euros, 12.62 billion (72 percent of total) involve main SSC debt and the remaining 4.92 billion surcharges and penalties

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  9. Overdue social security contributions climb to 22.5 bln at end of Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the spectrum, 1,594 debtors (only 0.3 percent of total) owe more than 1 million each for a total... Q1. The released figures show that out of the total overdue stock of 22.49 billion, more than two... and penalties. Due to the incorporation of the total unpaid contributions, the number of debtors almost

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  10. General govt primary cash surplus at 7.50 bln in October, arrears fall by 54 mln
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    , bringing the total figure to 1.05 billion euros. The equivalent figure for the same time last year was 1.73 billion. A decline was also noted in extrabudgetary funds, where the total fell by 551 million... where a rise of 952 million was observed, taking the total to 3.52 billion euros. This was followed

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