Stiglitz and Dijsselbloem disagree on Greece and the euro
To Vima — American economist and Nobel laureate Joseph Stiglitz and the Eurogroup chief Jeroen Dijsselbloem clashed over the euro and Greece, at an event […]
ECONOMY
Greek pensioners demonstrate against fresh round of cuts
Xinhua — Thousands of Greek retirees returned to the streets of central Athens on Thursday to rally against the fresh round of pension cuts implemented […]
Creditors insistent on pension ‘reforms’
eKathimerini — Government officials spent much of Tuesday locked in talks as the country’s creditors insisted that an overhaul of the private labour sector and […]
German government: No IMF involvement, no more bailout money to Greece
Greek Reporter — Germany’s Christian Democratic Union (CDU), headed by German Chancellor Angela Merkel, has once again raised the issue of the International Monetary Fund’s […]
Greece names Hellenic Petroleum, Total, Edison preferred bidders for offshore gas drilling
Reuters – Greece named on Wednesday a consortium of its biggest oil refiner Hellenic Petroleum , France’s Total and Italy’s Edison as the preferred bidder […]
Greek money ‘Boosts Bulgarian, Romanian banks’
Novinite.com — Capital flight from Greek banks last year has boosted deposits in Bulgaria and Romania Deposits in Bulgaria rose 10% last year, while in […]
PPC says China’s State Grid offers highest bid for stake in Greek power grid operator
Xinhua — China’s State Grid International Development offered the highest bid amounting to 320 million euros for the acquisition of 24 percent stake in Greece’s […]
Greece’s creditors release €2.8 billion tranche after completion of first bailout review
RT — Greece’s creditors have released a €2.8 billion tranche from the country’s €86 billion bailout program. Part of the tranche – €1.1 billion will […]
Ceta and the fate of feta cheese. Protected name in the EU but not in Canada
eKathimerini — European Council President Donald Tusk said it was still possible CETA could be signed as planned and Canada’s trade minister said the deal was “not […]
Merkel: Eurogroup, institutions, IMF will make decision on Greek debt
Prime Minister Alexis Tsipras left Brussels on Friday without securing any firm commitment on Greece’s debt problem but signaled nonetheless that he expected “positive developments”. “I […]
Greek PM sees perpetual bailouts if creditors fail to ease debt
Reuters — Greek Prime Minister Alexis Tsipras warned his country’s creditors on Friday that a failure to extend a timely debt restructure would push the […]
Record drop in tourism takings in August
eKathimerini — August saw a major decline in tourism revenues, which dropped 9.2 percent on an annual basis, according to data released on Friday by […]
Taxman to accept properties instead of inheritance tax
eKathimerini — The Finance Ministry is planning to allow the concession of properties to the state for the payment of inheritance tax – unless this […]
EU Socialists call for Greek debt relief, end to harsh austerity
Sputnik News — Socialist politicians in the European Parliament have joined the clamoring call for Greece to be granted debt relief in an effort to […]
Bureaucrat glibly tells entrepreneurs, professionals to move to Bulgaria if they can’t pay high taxes
Naftemporiki.gr — The head of a state-run pension fund for self-employed professionals in the country, known by its Greek-language acronym of OAEE, reportedly told entrepreneurs […]