IMF threatens to pull out of Greek rescue
The Guardian — Hopes of an end to the impasse between Greece and its creditors have appeared to evaporate after a surprise intervention from the […]
ECONOMY
Greece on strike as new tax, pensions bill is discussed in parliament
Reuters — Greeks to start a 48-hour nationwide walkout on Friday in anger at the government’s tax and pension reforms pursued under the terms of a […]
Greece’s sole oil producer boosts output by 30 percent
Reuters — Greece’s sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30 percent since early January, it said on […]
Most of Greek bailout money went to banks: study
DW — Only 5 percent of international bailout money for Greece was used to kickstart the country’s languid economy, a new study has found. The […]
Taxpayers appear reluctant to file their income tax statements
eKathimerini — Just 8 percent of taxpayers have submitted their tax statements for 2015 incomes, according to data from the General Secretariat for Public Revenue. […]
Debts to the state keep expanding
eKathimerini — Citizens’ capacity to pay taxes is diminishing by the year, and the latest data from the General Secretariat of Public Revenues show debts […]
Greek bank rescue fund picks Spencer Stuart to review bank boards
Reuters — Greece’s bank bailout fund has picked consulting firm Stuart Spencer to undertake a review of the boards of the country’s four big banks, […]
Greek deal closer, eurogroup to meet May 9
Reuters — Greece and its international lenders are close to a deal on a package of bailout reforms and are working to agree further contingency […]
As negotiations drag on Juncker claims demand for contingency package unreasonable
Rejecting a Greek request for an extraordinary EU summit to discuss its troubled bailout programme, European council president Donald Tusk instead urged eurozone finance ministers to resume […]
Bank deposit seizures skyrocket
eKathimerini — The number of orders received by banks to seize deposits belonging to customers with outstanding debts to the state has skyrocketed to an […]
Eurogroup will not meet Thursday – Greek PM seeks leaders summit
Bloomberg — Greek Prime Minister Alexis Tsipras will seek a meeting of euro-area leaders to resolve disagreements between the government and creditors, a move echoing […]
OPAP to pay 75 mln euros in extra taxes this year- CEO
Reuters — Greece’s biggest betting company OPAP, will pay an extra 70 million to 75 million euros in tax this year under new laws on […]
Schaeuble says still working on Greek bailout review
Reuters — German Finance Minister Wolfgang Schaeuble said on Monday it was still unclear whether international lenders and Greece would meet this week to discuss […]
Schaeuble sees no Greece debt relief as long as debt sustainable
bloomberg — German Finance Minister Wolfgang Schaeuble said Greece doesn’t need debt relief now and won’t require an easing of its debt burden as long […]
Lenders ask Greece to prepare contingency package of extra austerity measures
Reuters — International lenders asked Greece on Friday to prepare a package of additional savings measures which would be passed into law now but implemented […]