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Overdue contributions rise by 429 mln to 15.78 bln in Q1
Economybillion euros (more than 73 percent) relate to main debt and the remaining 4.23 billion to surcharges... to almost 280,000 in Q1, with 38.3 percent owing less than 15,000 euros each for an aggregate amount... of the spectrum, 1,049 debtors (just 0.4 percent of total) owe more than 1 million each for an aggregate
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Disposable income edges up by 0.2 pct in Q4 on second straight rise in compensation of employees
EconomyMacroeconomyin the nominal GDP of more than 27 percent over this period. The breakdown showed compensation... implying a fall by more than 7 billion or 30 percent since 2009. This is largely attributed to soaring... by 1.5 percent to 31.08 billion in Q4. Since 2009, consumption has declined by more than 11 billion
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Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
EconomyMacroeconomyfigure is slightly better than polls pointing to a GDP contraction of 0.5 pct QoQ, while... displayed in the YoY comparison with GDP down 1.4 percent in Q1 slightly higher than the 1.2 percent... percent, much softer than anticipated last summer on the back of resilient private consumption
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General gov't figures shed more light on course of spending, revenues during crisis
EconomyMacroeconomyin the annual primary expenditure by 33.26 billion, mostly due to cut in wages and pensions, more than... of 25.9 percent over this period, the revenue-to-GDP ratio rose by more than 9 percentage points (pp... in absolute terms, the respective ratio for primary expenditure was reduced by less than 2 pp from
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Central government debt edges down to 321 bln in Q1
Economyof December and currently make up more than 68 percent of central government debt. The bulk of FSM... remained unchanged QoQ at 14.88 billion, making up 4.6 percent of debt, while repos edged up by more than... in Q4 2015. Around 80 percent of Q1 outstanding debt has a residual maturity of more than 5 years
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Paddling with a wooden spoon
Agoramet at the Eurogroup has been pretty simple: look no further than German Finance Minister Wolfgang..., rather than who came out on top. If this is the question, then perhaps we have to accept that Alexis... to secure significant, game-changing debt relief for Greece than he did over the last few days
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Newsletter 77 - 10/06/2016
will be paid by 2018, four years earlier than the initial agreement. Government sources note that the state... billion, 2 billion higher than the 6 billion envisaged in the initial agreement. In addition, 80... of an opinion being issued on the same day, rather than in a new session on Friday. The article noted
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Some basic products in Greece among most expensive in EU
Society. Comparatively, fish is also more expensive in Greece than in most EU countries. Consumers pay 113 percent... in 2015 than in the previous year (77.4 percent) in Greece, the data showed. The data is based... of a comparable basket of food and non-alcoholic beverages across the EU was more than twice as high in the most
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Pending pensions mount up, complicating fiscal effort
Economymillion from OAEE. This also reflects the reduced state subsidy, which was trimmed by more than 1.4..., bureaucratic or other reasons) has reached 159,290 cases. More than half (85,300) related to IKA... months for most funds. It doubles for those insured with more than one fund. POPOKP noted
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Marinopoulos travails point to wider difficulties for supermarket sector
EconomyFeaturesdecision to file for bankruptcy. The Marinopoulos story is more complicated than that of another Greek... percent) spends less than 200 euros per month according to the survey. Another survey released in April... from Eurostat released in June this year showed that Greeks pay 31 percent more than the EU average
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