Category: GREECE

Budget: Primary surplus despite a decline in tax revenue
FINANCE
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FINANCE
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Budget: Primary surplus despite a decline in tax revenue

ilias1 - Oct 28, 2015

A three-billion euro primary surplus was documented at the end of September, despite tax revenue having dropped by about two…

State revenues miss target by 2 billion euros
FINANCE
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FINANCE
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State revenues miss target by 2 billion euros

ilias1 - Oct 28, 2015

Budget data paint a dramatic picture, especially in the revenues department, owing to the inability of citizens to pay their…

WSJ: Europe needs Greece to control the influx of refugees
FINANCE
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FINANCE
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WSJ: Europe needs Greece to control the influx of refugees

ilias1 - Oct 28, 2015

The Wall Street Journal published an article on the refugee issue commenting on the decisions taken at EU Summit on…

Government considers increasing employer pension contributions
FINANCE
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FINANCE
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Government considers increasing employer pension contributions

ilias1 - Oct 28, 2015

The government is considering the possibility of increasing employer pension contributions, in an effort to avoid carrying out any cuts…

Greece’s austere surrealism: to tax schools or cars?
FINANCE
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FINANCE
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Greece’s austere surrealism: to tax schools or cars?

ilias1 - Oct 28, 2015

Following punitive VAT hikes on 40,000 food items on July 20th, the Greek government must find new taxation targets. Tax…

Greece hot spots, refugee shelters funded by EU
GREECE
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GREECE
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Greece hot spots, refugee shelters funded by EU

ilias1 - Oct 28, 2015

The hot spots and temporary shelters for refugees being established in Greece will be funded by the European Union, Mouzalas…

Greece aims for growth return by 2016
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FINANCE
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Greece aims for growth return by 2016

ilias1 - Oct 28, 2015

Greece aims to restore the economic development pace quickly and return to growth by 2016, Economy Minister George Stathakis said…

Spyros Louis honoured with Euro coin
FINANCE
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FINANCE
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Spyros Louis honoured with Euro coin

ilias1 - Oct 28, 2015

Olympic marathon runner Spiridon 'Spyros' Louis will soon be featured on the Greek €2 coin. The decision to honour the…

The story of “Ochi” Day. A national day of pride (Video)
GREECE
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GREECE
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The story of “Ochi” Day. A national day of pride (Video)

Panos - Oct 28, 2015

“No” (Ochi) day commemorates the events of October 28,1940, when Emanele Grazzi, the Italian ambassador, delivered an ultimatum to Greek…

Traffic restrictions to apply on Ochi Day
GREECE
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GREECE
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Traffic restrictions to apply on Ochi Day

Panos - Oct 28, 2015

Traffic restrictions were expected to be observed across Attica on Wednesday as the region’s municipalities hold their annual Ochi Day…

SEB: Greece has huge opportunities for investments
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FINANCE
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SEB: Greece has huge opportunities for investments

ilias1 - Oct 27, 2015

Greece has huge advantages and many opportunities for investments, according to the Federation of Hellenic Enterprises (SEB). However, Greece lacks…

Small tremor felt north of Crete
GREECE
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GREECE
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Small tremor felt north of Crete

ilias1 - Oct 27, 2015

A small earthquake of 4.3 magnitude struck off the city of Chania, Crete, at 15.14 (local time) on Tuesday, according…

Greece, Italy expand Adriatic-Ionian migrant cooperation
GREECE
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GREECE
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Greece, Italy expand Adriatic-Ionian migrant cooperation

ilias1 - Oct 27, 2015

Greece and Italy looked at tackling the migration issue in the Adriatic and Ionian seas together, at a meeting between…

Greece turns to US for LNG
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FINANCE
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Greece turns to US for LNG

ilias1 - Oct 27, 2015

The ever changing dynamic in the Southeast European natural gas sector is seeing a shift in strategy by the Greek…

Greece must wait for aid due to slow reforms
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FINANCE
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Greece must wait for aid due to slow reforms

ilias1 - Oct 27, 2015

The transfer of billions of euros in financial aid to Greece might be delayed because Athens is not implementing reforms…

New visa system may reduce tourism flow
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FINANCE
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New visa system may reduce tourism flow

ilias1 - Oct 27, 2015

Greece may suffer a significant decrease in tourism arrivals during the rest of this year and in 2016 from third…

Meimarakis: “Alexis Tsipras has fooled the Greek people”
GREECE
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GREECE
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Meimarakis: “Alexis Tsipras has fooled the Greek people”

ilias1 - Oct 27, 2015

The provisional president of New Democracy Evangelos Meimarakis has accused the Prime Minister Alexis Tsipras of fooling the Greek people…

Refugee center to be set up at Olympic Velodrome in Athens
GREECE
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GREECE
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Refugee center to be set up at Olympic Velodrome in Athens

ilias1 - Oct 27, 2015

The government is considering the possibility of establishing a permanent refugee center at the Olympic Velodrome of Athens, which is…

Government names new top fiscal policy official
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FINANCE
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Government names new top fiscal policy official

ilias1 - Oct 27, 2015

Franciscos Koutentakis, a former advisor to Greece’s leftist prime minister, has been appointed as new General Secretary for Fiscal Policy.…

British F.S. expresses optimism on Cyprus problem talks
GREECE
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GREECE
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British F.S. expresses optimism on Cyprus problem talks

ilias1 - Oct 27, 2015

The UK Foreign Secretary Philip Hammond has told the House of Commons that he is “cautiously optimistic” that a settlement…