Category: FINANCE

Govt in frustration after harsh criticism over its social security reform proposal
FINANCE
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FINANCE
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Govt in frustration after harsh criticism over its social security reform proposal

makis - Jan 06, 2016

Greek government is in great frustration after the clear denial of the opposition parties to support the draft law on…

ODDIH: Greece draws 1.625 billion euros from 6-month T-bills
FINANCE
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FINANCE
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ODDIH: Greece draws 1.625 billion euros from 6-month T-bills

makis - Jan 05, 2016

The public debt management agency ODDIH has announced that Greece has drawn 1.625 billion euros from the auction of 1.250…

Changes to property values to affect taxes and benefits
FINANCE
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FINANCE
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Changes to property values to affect taxes and benefits

makis - Jan 05, 2016

It has been almost 9 years since the last time taxable property values changed, however the Alternate Minister of Finances…

Greece to focus on green business programmes
FINANCE
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FINANCE
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Greece to focus on green business programmes

makis - Jan 05, 2016

Greece plans to use part of new community funds to support green sectors of production which have been either downgraded…

FINANCE
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No cuts in pensions, Labour minister says

Panos - Jan 05, 2016

Labour Minister George Katrougalos reiterated the government's position that there will be no cuts in main pensions and that the…

Greece to focus on green business programmes
FINANCE
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FINANCE
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Greece to focus on green business programmes

Panos - Jan 05, 2016

Greece plans to use part of new community funds to support green sectors of production which have been either downgraded…

Eurozone inflation rate at 0.2 pct in Dec, Eurostat
FINANCE
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FINANCE
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Eurozone inflation rate at 0.2 pct in Dec, Eurostat

Panos - Jan 05, 2016

The annual inflation rate grew to 0.2 pct in the Eurozone in December 2015, Eurostat said in its preliminary estimate…

FINANCE
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Athens Stock Exchange opening: Decline

Panos - Jan 05, 2016

Equity prices were dropping on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index down 0.35…

FINANCE
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Moscovici: Athens must respect pension reform pledge

Panos - Jan 05, 2016

European Economics Commissioner Pierre Moscovici urged the Greek government to respect its commitment to reform its pension system and keep…

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…

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…

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…

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…

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…

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…