Greece plans to cut corporate tax in 2020 if fiscal targets exceeded
Reuters — Greece has agreed with its international creditors on a plan to cut the corporate tax rate by 3 percentage points to 26 percent […]
ECONOMY
Eurogroup agrees basic terms to unlock delayed bailout review
BBC — Eurozone finance ministers say they have agreed with Greece the main elements of a deal to unlock a delayed bailout payment. Greece is now […]
Tsipras hopes for political solution if Eurogroup fails to conclude Greek review
Greek prime minister Alexis Tsipras, still hoping for a political solution to the Greek debt problem, has called for an emergency summit of EU leaders […]
Value of residential properties sold to foreign investors up 34 %
eKathimerini — Home purchases by foreigners in Greece moved back up to 2014 levels last year, mainly thanks to the considerable recovery seen in transactions […]
Greek bailout deal still not reached, contrary to reports
Reuters reported on Wednesday that according to sources who have a ‘good knowledge of the matter’, “Greece has agreed with its lenders on key labour […]
US congressman introduces bill to oppose IMF’s third Greek bailout
huizenga.house.gov –On 16 March, US Congressman Bill Huizenga, a senior member of the House Financial Services Committee, introduced the IMF Reform and Integrity Act. This […]
Greece won’t last in euro zone in long-run – Bavarian finance minister
Reuters — Greece will not last in the eurozone in the long run and officials working on a review of its bailout package should prepare […]
Dijsselbloem: Greece Must Exceed Primary Surplus of 3.5% before any ‘counter measures’
Greek Reporter — Greece must exceed a primary surplus budget target of 3.5% of GDP in order to be allowed the application of countermeasures, stated President […]
Chinese investment offers a boost to the Greek economy
Nikkei Asian Review — China is pouring money into Greece’s infrastructure sector, viewing the cash-strapped country as a strategic gateway to Europe. From the Greek government’s […]
Institutions mix up statements and messages on Greece’s bailout review
NewEurope.eu — New meetings are necessary next week to reach a Staff Level Agreement (SLA) deal, say the EU institutions – the European Commission, the […]
Eurostat: Greece is the only EU country still in recession
New Europe — Household consumption and a rebound in investment drove economic growth in the euro zone in the last three months of last year, […]
Study: Poverty levels rise 40% in Greece over 7 years of crisis
Tornos News — Poverty in Greece has increased by 40% from 2008 to 2015, according to data released by the Cologne Institute for Economic Research […]
More austerity looms as Greece, lenders resume bailout talks
Voice of America — Greece and its lenders resumed a long-stalled review of its bailout Tuesday, with the government in Athens braced to commit to […]
Regling: Successive Greek PMs signed-off on fiscal targets; no definition on length of ‘medium term’
Naftemporiki — European Stability Mechanism (ESM) Managing Director Klaus Regling stressed over the weekend that successive Greek prime ministers have agreed on the level of […]
Bailout inspectors back in Athens to resume review talks
RTE — Bailout inspectors will resume talks with the Greek government today to try to complete a review of the country’s compliance with agreed reforms […]