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Newsletter 191 -25/01/2018
), which estimates pension payments on a monthly basis, showed that a total of 4.5 million pensions were paid in September 2018. The total sum involved came to 2.30 billion euros. The bulletin excludes... paid out. Out of the total number of pensions paid, 2.8 million relate to main pensions, 1.2 million
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New tax debt at 8.02 bln to Dec, down by 26.7 pct versus 2018
EconomyMacroeconomy, the aggregate total stood at 6.95 billion euros. New unpaid obligations from tax categories showed a rise of 1.03 billion month-on-month in December, bringing the total to 7.50 billion euros compared... percent in December. For the month, a total of 502.2 million euros were noted as due, with 382.9
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General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
EconomyMacroeconomyeuros, bringing the total figure to 201 million euros. The equivalent figure for the same time last year showed a surplus of 845 million. Increases were noted in local governments where the total rose... was in sales of non-financial assets with a decline of 1.32 billion, taking the total to 1.59 million euros
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomyeuros, bringing the total figure to a deficit 53 million euros. The equivalent figure for the same... the total fell by 35 million YoY. An increase was seen in extrabudgetary funds with a rise of 1.17... the total to 1.85 million euros. This was followed by social contributions with a decline of 684
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General govt primary cash deficit of 12.55 bln in December, arrears drop by 345 mln
EconomyMacroeconomysecurity funds (SSFs) with an annual fall of 629 million euros, bringing the total figure to a surplus... with a decline of 1.45 billion, taking the total to 2.54 billion euros. This was followed by social contributions with a decline of 430 million euros taking the total to 21.8 billion. Other revenue
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeatures(the ratio of bad debt to the total stock of debt) reached its lowest point on record at 5.2 pct... of the total at the end of 2018. Cleaning up the banks’ balance sheets became a policy priority... their balance sheets of 9.3 billion euros of non-performing consumer loans (61 pct of the total
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Retail and catering continued to dominate business activity, employment in 2022
EconomyMacroeconomyeconomy over the last decades. A total of 294,892 companies were registered in Greece, up from... with 11-50 staff. Some 16 pct of total employment comes from 213,982 companies that employ 384,245 workers. It is just 780 companies that employ more than 250 staff, with total workers in this category
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General gov't primary cash surplus rises to 3.4 bln in Oct but arrears also growing
EconomyMacroeconomyin the 10-month period, with the state budget figure at 2.03 billion, making up more than half of total. Last... funds' arrears rose by 141 million MoM to 2.47 billion making up half of total arrears. Hospitals’ arrears followed suit accounting for 18 percent of total. In absolute figures, they hiked to 904
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General gov't cash surplus sees large contraction in Jan-Feb, arrears edge up
EconomyMacroeconomyof total arrears. These two gg entities also recorded the highest rise in arrears year to date at 300... budget arrears increased by a modest 9 million MoM to 144 million (3.7 percent of total), while local governments’ arrears remained almost stable at 239 million (6.2 percent of total). In contrast
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What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
Economyof total ELA-eligible collaterals, at 45 and 30 percent of total respectively. Taking into account the breakdown of total collateral by type, the collateral poll is almost equally split between state..., the total figure stands at 115 billion. Assuming an average haircut of 40 percent, the nominal
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