Austerity no cure-all, Germany’s Gabriel says in Greece
DW — Visiting German Vice Chancellor and Economy Minister Sigmar Gabriel, who is on a three-day visit to Greece, told Greek policymakers on Monday he […]
ECONOMY
Piraeus port deal hits snag as Cosco says Athens changed deal
eKathimerini — Ahead of Prime Minister Alexis Tsipras’s state visit to Beijing, which starts on Friday, Cosco Shipping has accused the government of overturning fundamental […]
Moscovici rules out loosening Greek budget target
eKathimerini — European Commissioner for Economic Affairs Pierre Moscovici on Tuesday ruled out a relaxation of the Greek budget target in comments to the press […]
Alibaba plans on following Cosco Pacific into Greece
eKathimerini — Chinese online-shopping giant Alibaba is expressing an interest in Greece now that Cosco Pacific’s investment in the port of Piraeus appears to be […]
Greece to tax and fine Airbnb-style vacation rentals, force landlords to register as business
KeepTalkingGreece.com — Greece has apparently decided to follow the taxation model of the German city of Munich and will impose and cash tax from Airbnb-style […]
Greece to “Name & Shame” debtors owing over EUR300k to the state
Zero Hedge — Greece’s Finance Ministry is determined to collect what belongs to the state and as KeepTalkingGreece reports, since repayment settlements and other forms […]
Major slide in VAT takings from popular Greek islands
eKathimerini — The General Secretariat for Public Revenues has found that value-added tax revenues plunged by about 40 percent in the first five months of […]
Europe’s airports call for EU and UK aviation markets to remain integrated
GTP.gr — The European airport trade body, ACI EUROPE, called for the EU and UK aviation markets Friday to remain fully integrated in the future – […]
Four out of ten Greeks live in poverty and face social exclusion
Greek Reporter — The Hellenic Statistical Authority (ELSTAT) released the results of the 2015 Survey on Income and Living Conditions of Household for the income […]
Greece, IMF want softer austerity targets after bailout expires
Greece needs substantial debt relief, IMF Greece mission chief Delia Velculescu said Wednesday, adding that the country’s bailout fiscal targets are too ambitious. Speaking at […]
ECB reinstates Greek banks’ access to cheap funding
Reuters — The European Central Bank reinstated Greek banks’ access to its cheap funding operations on Wednesday, allowing lenders to come off an expensive emergency […]
Restaurants, bars and the self-employed to get card terminals from 1st August
eKathimerini — The government is hoping that August will see a rise in the number of electronic transactions in Greece, to better enable it to […]
Greece imports agricultural products that can be produced locally
eKathimerini — Food production in Greece remains an area of the country’s economy where there is ample room for improvement. Despite the fact that Greece […]
Delays mean ENFIA payments won’t start before September
eKathimerini — The Finance Ministry’s delay in sorting out the objective values of properties and the Single Property Tax (ENFIA) for this year mean that […]
Greece gets €7.5 bn to pay debt to ECB
PressTV —At a Thursday meeting in Luxembourg, some 19 Eurozone finance ministers agreed that Greece had taken the necessary reform measures required to unblock the […]