Category: FINANCE

Greek industrial index improved in April, yoy
FINANCE
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FINANCE
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Greek industrial index improved in April, yoy

Panos - Jun 20, 2017

The industrial turnover index shot up in Greece in April 2017, posting a 10.7-percent increase on an annual basis. The…

Sweeping indirect taxes to achieve primary surplus
FINANCE
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FINANCE
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Sweeping indirect taxes to achieve primary surplus

makis - Jun 19, 2017

Greece will have to raise indirect taxes to the tune of 3.5 billion euros annually from the current fiscal year…

The genius way the Ancient Greeks taxed their citizens
FINANCE
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FINANCE
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The genius way the Ancient Greeks taxed their citizens

Panos - Jun 19, 2017

Imagine a progressive tax — in other words, a tax that falls on those most able to pay; a tax…

Greek families left struggling after successive cuts
FINANCE
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FINANCE
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Greek families left struggling after successive cuts

Panos - Jun 16, 2017

In the living room of his small Athens flat, 40-year-old Dimitris Voutsinos scours the web for job ads -- one…

BOJ, Sterling, Greece & Oil Under Spot Light
FINANCE
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FINANCE
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BOJ, Sterling, Greece & Oil Under Spot Light

Panos - Jun 16, 2017

European stocks are ignoring the butchery we experienced in the US equity which was triggered with FANG stock. This was…

Reuters: German parliament will discuss Greece deal on Friday
FINANCE
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FINANCE
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Reuters: German parliament will discuss Greece deal on Friday

Panos - Jun 16, 2017

Germany's parliament will discuss an 8.5 billion euro bail-out deal agreed with Greece on Friday, Wolfgang Schaeuble said after a…

Tsipras statement on results of Eurogroup
FINANCE
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FINANCE
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Tsipras statement on results of Eurogroup

Panos - Jun 16, 2017

Greek Prime Minister Alexis Tsipras commented on the Eurogroup's results late on Thursday, saying that " we have an agreement…

Read the complete EuroGroup statement on Greece
FINANCE
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FINANCE
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Read the complete EuroGroup statement on Greece

Panos - Jun 16, 2017

The Eurogroup welcomes that agreement has been reached between Greece and the institutions on a policy package of structural measures,…

Eurozone ministers agree Greece bailout payment, IMF comes on board
FINANCE
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FINANCE
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Eurozone ministers agree Greece bailout payment, IMF comes on board

Panos - Jun 16, 2017

Eurozone ministers have struck a long-delayed bailout deal with Greece to unlock badly needed rescue cash, but warned Athens would…

Reuters: Greek economics minister says Germany’s Schaeuble ‘dishonest’: newspaper
FINANCE
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FINANCE
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Reuters: Greek economics minister says Germany’s Schaeuble ‘dishonest’: newspaper

Panos - Jun 15, 2017

Greek Economics Minister Dimitri Papadimitriou accused German Finance Minister Wolfgang Schaeuble of being "dishonest" by blocking debt relief for Greece…

Greek central govt revenues, surplus on target during first 5-month period of 2017
FINANCE
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FINANCE
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Greek central govt revenues, surplus on target during first 5-month period of 2017

Panos - Jun 15, 2017

The Greek central government’s revenues were mostly on target during the first five months of 2017, with the benchmark now…

Greece did its part; now it’s the Eurogroup’s turn
FINANCE
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FINANCE
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Greece did its part; now it’s the Eurogroup’s turn

Panos - Jun 15, 2017

Greece has made huge sacrifices and the government has made significant reforms. Now the ball is in the Eurogroup’s court…

Half of New Greek Jobs are Part Time and Underpaying
FINANCE
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FINANCE
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Half of New Greek Jobs are Part Time and Underpaying

Panos - Jun 15, 2017

One half of new jobs in Greece’s private sector are part-time and pay below minimum wage, according to figures released…

Bruegel: Is Greece’s labour market bouncing back?
FINANCE
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FINANCE
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Bruegel: Is Greece’s labour market bouncing back?

Panos - Jun 15, 2017

The Greek economy has suffered greatly since the 2008 crisis, but one bright spot in the Greek economy is the…

POLITICO: Only debt relief will end the Greek crisis
FINANCE
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FINANCE
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POLITICO: Only debt relief will end the Greek crisis

Panos - Jun 15, 2017

As Greece heads into another meeting of eurozone finance ministers, it finds itself in a painfully familiar position: in desperate…

New Greek-Russian chamber commerce, business to be based in Thessaloniki
FINANCE
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FINANCE
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New Greek-Russian chamber commerce, business to be based in Thessaloniki

Panos - Jun 15, 2017

A new Greek-Russian chamber of commerce, based in the northern port city of Thessaloniki, is expected to begin operation in…

Taxpayer debts exceed 4 billion for April
FINANCE
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FINANCE
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Taxpayer debts exceed 4 billion for April

makis - Jun 14, 2017

According to data released by the Independent Authority for Public Revenues in Greece, the debt by citizens has increased by…

US company Hines acquires Athens Ledra Hotel
FINANCE
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FINANCE
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US company Hines acquires Athens Ledra Hotel

makis - Jun 14, 2017

Athens Ledra hotel has passed into the hands of US real estate company Hines, according to reports. The cost of…

Reuters: EU’s Moscovici sees deal on Greek loans, fair solution on debt
FINANCE
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FINANCE
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Reuters: EU’s Moscovici sees deal on Greek loans, fair solution on debt

Panos - Jun 14, 2017

European Union Currency Commissioner Pierre Moscovici said on Wednesday he expects Greece and its international lenders to reach a compromise…

Bloomberg: Greeks Promised Economic Boost Despair of Ever Seeing Debt Deal
FINANCE
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FINANCE
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Bloomberg: Greeks Promised Economic Boost Despair of Ever Seeing Debt Deal

Panos - Jun 14, 2017

Alexis Tsipras has spent nearly two years telling Greeks that a debt deal and inclusion in the European Central Bank’s…