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  1. Newsletter 74 - 20/05/2016

    Newsletters

    that 168 groups with total loans of 14.7 billion, of which around 74 percent were classified as non... would have high priority in the upcoming restructuring process. The total loan exposure of those five... would unlock the pending tranche of 5.6 billion, plus 2 billion for the clearance of arrears. Tsipras

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  2. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    businesses, or 90 pct of the active total, being under some sort of support, encompassing a total of 2... closed in 2013, with the economy contracting by 3.2 pct. By 2013 total Greek economic activity had... transport take the lion’s share of services receipts, representing more than 83 pct of total

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  3. Greece stands on fault line between vicious and virtuous cycles for 2016

    Agora

    interest bill is below 6 billion. In total, Greece needs 13.2 billion euros to meet all its debt... an extensive pensions cost saving exercise that has to deliver complete savings of 1 percent of GDP... the largest IMF installment of the year at 876 million, which leads to a total figure of IMF obligations

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  4. Unpaid social security contributions hit 15.35 bln at end of 2015

    Economy

    1 billion. From the total overdue contributions of 15.35 billion euros at the end of 2015, 11.31... and 30,000 euros each for a total amount of 1.26 billion. On the other side of the spectrum, just 1,028 debtors owe more than 1 million euros each for an aggregate amount of 3.47 billion euros

    17%
  5. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus increased by 1 billion euros to 5 billion... of total expenditure with compensation following suit at 15.78 billion accounting for almost 20 percent of the total figure. Arrears Arrears to the private sector (including tax refund arrears) posted

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  6. General govt primary cash surplus at 2.58 bln in March as revenues rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    remained unchanged at 2.85 billion, representing less than 1 percent of the total. Guarantees The stock... million euros compared to 1 billion a year ago. The local government surplus fell by 26 million to 176.... Compensation of 4.18 billion euros accounted for 23.2 percent of the total. Arrears Arrears to the private

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  7. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    the age of 14. The total population’s risk-of-poverty rate was 20.2 percent in 2017, down by 1 percentage..., falling by 1.8 pps YoY. The rate fell by 1 point for the total population and those aged 18-64.... The decline manifested in the total population but also across all age groups except the over 65

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  8. Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . The government succesfully avoided a total of 1 percent GDP in pension cuts in 2019 after Eurozone finance... on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum..., with a corresponding fall of 21.6 million euros in pensions amounts paid out. Out of the total number

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  9. How Greek banks were left on the brink
    Photo by Harry van Versendaal

    Agora

    with non-financial corporations following with 7.2 billion (23 percent of total). The bulk of outflows, 27.6 billion corresponding to 88 percent of total, stemmed from time deposits. Sight deposits... foreign investor participation in T-Bill rollovers. In the December to April period, total deposit

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  10. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    on Tuesday. The recorded inflows of around 1 billion over the past two months largely reflect... a net amount of 199 million. Following the net inflows of around 1 billion in the last two months..., display total outflows were trimmed accordingly to 43.44 billion. The largest withdrawals over

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