Category: FINANCE

Pension reform proposal includes the merging of all funds into one
FINANCE
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FINANCE
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Pension reform proposal includes the merging of all funds into one

makis - Jan 04, 2016

The 180-page government proposal on reforming the country’s pension system presented by the Minister of Labor Giorgos Katrougalos to the…

New development to be presented this month, Econ Min says
FINANCE
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FINANCE
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New development to be presented this month, Econ Min says

makis - Jan 04, 2016

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared…

TAIPED announces signing of agreement for “Astir Palace”
FINANCE
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FINANCE
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TAIPED announces signing of agreement for “Astir Palace”

ilias1 - Jan 04, 2016

The privatization fund TAIPED announced that an agreement was signed with Jermyn Street Real Estate Fund IV LP for the…

Moscovici: “Combat tax evasion to reduce taxes on income”
FINANCE
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FINANCE
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Moscovici: “Combat tax evasion to reduce taxes on income”

ilias1 - Jan 04, 2016

The European Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici urged Greek authorities to combat tax evasion,…

FINANCE
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New development to be presented this month, Econ Min says

Panos - Jan 04, 2016

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared…

FINANCE
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Greek capital market officials optimistic over 2016 outlook

Panos - Jan 04, 2016

Greek capital market officials appeared optimistic over the outlook of 2016, after a negative 2015, at the opening session of…

Labour Minister presents government’s proposals on social security to ND leader
FINANCE
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FINANCE
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Labour Minister presents government’s proposals on social security to ND leader

Panos - Jan 04, 2016

Labour Minister George Katrougalos met with interim New Democracy (ND) president Yiannis Plakiotiakis on Monday. Katrougalos briefed the main opposition…

Greek PMI up in December
FINANCE
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FINANCE
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Greek PMI up in December

Panos - Jan 04, 2016

Greece's Purchasing Manager's Index (PMI) grew to 50.2 points in December from 48.1 in November, recording the first improvement in…

FINANCE
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Athens Stock Exchange opening: Decline

Panos - Jan 04, 2016

Equity prices were dropping on Monday on the Athens Stock Exchange (ASE), with the basic share price index down 0.75…

FINANCE
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In the negotiations there will be victories and defeats

ilias1 - Jan 04, 2016

Finance Minister Euclid Tsakalotos on Sunday in an interview with Kathimerini expressed optimism that the government will overcome the obstacle…

FINANCE
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Stournaras: Greece cannot deal with another crisis with the lenders

ilias1 - Jan 03, 2016

Bank of Greece governor Yannis Stournaras gave a warning about the risk of Greece failing to reach an agreement with…

Greek savers still wary of PM after 2015 financial tumult
FINANCE
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FINANCE
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Greek savers still wary of PM after 2015 financial tumult

chris1 - Jan 03, 2016

Data released from Greece’s central bank this week showed that deposit outflows continued in November for a second consecutive month,…

Greek retail sales fall 2.5 pct year on year in October
FINANCE
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FINANCE
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Greek retail sales fall 2.5 pct year on year in October

ilias1 - Jan 02, 2016

Greek retail sales by volume fell 2.5 percent in October compared to the same month a year ago, led lower…

Municipalities of Gortyna, Salamina declare bankruptcy
FINANCE
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FINANCE
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Municipalities of Gortyna, Salamina declare bankruptcy

ilias1 - Jan 02, 2016

The Municipality of Gortyna in the Cretan prefecture of Iraklio has declared bankruptcy and is to enter a “reform program”…

FINANCE
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Over 45,000 to be recruited into the public sector in 2016

ilias1 - Jan 02, 2016

A total of 45,737 people will be recruited into the public sector in 2016, with 21,161 being recruited into permanent…

FINANCE
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Final draft of pension system reform will be ready on Monday

ilias1 - Jan 02, 2016

The final draft of the critical pension system reform will be submitted to the institutions on Monday and is later…