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ECONOMY

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IMF insists Greece should ‘keep its surplus promises’ – no allowances for refugee crisis

27th February 2016 Newsroom 0

Proto Thema – The International Monetary Fund estimates that Greece will face great difficulties in servicing its debts in March, according to an article published […]

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“Greece won’t cut pensions again to meet EU/IMF demands”

26th February 2016 Newsroom 0

Greece’s  government will not cut pensions again even if its international lenders demand it, the country’s labour minister told Reuters on Thursday, saying the income […]

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IMF confirms Greek program terminated ahead of schedule

24th February 2016 Newsroom 0

Greece’s IMF program has been terminated since January 2016, two months ahead of schedule, it was announced Tuesday. Finance ministry officials said that the decision, […]

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For some income groups, Greece has the third highest tax rate in Europe

22nd February 2016 Newsroom 0

Greece has the third highest tax rate in Europe for soma income groups  according to a study by the Department of Economics at the National […]

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Greek parliament approves social welfare measures

21st February 2016 Newsroom 0

Sputnik – Greek lawmakers voted in favor of a “parallel program” late Saturday to assist the vulnerable segment of the population with medical insurance and […]

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Greek house price plunge continues for seventh year

19th February 2016 Newsroom 0

Reuters  — Greek housing prices fell 5.1 percent in 2015, meaning residential properties are now worth 41.5 percent less than in 2008, before an enduring […]

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Eurozone recovery falters as Greece slips back into recession

17th February 2016 Newsroom 0

The eurozone recovery remains disappointingly weak after Greece fell back into recession and Italy slowed to near stagnation. The single currency area grew by just […]

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Greek banks won’t need further recapitalization, ECB’s Nouy says

14th February 2016 Newsroom 0

Reuters — There is no reason to believe that Greek banks will need further recapitalization, after the latest round provided them with 14.4 billion euros […]

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IMF: Greece needs to cut pensions to repay lenders

13th February 2016 Newsroom 0

Greece needs to make pension cuts in order to meet its primary surplus targets says the International Monetary Fund. Poul Thomsen, the Deputy Director of […]

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IMF warns of renewed `Grexit’ fears without credible Greece Plan

12th February 2016 Newsroom 0

Bloomberg — Greece will face renewed fears that it will exit the euro area unless the nation’s government and European creditors come up with a […]

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First review of Greek reform programme could be done by Easter

12th February 2016 Newsroom 0

Sputnik – The first phase of the review was “as satisfying as possible,” Moscovici said at a Thursday press conference, as quoted by Bloomberg, adding that it is possible for the […]

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Dijsselbloem: Need for greater clarity on the part of the Greek government

11th February 2016 Newsroom 0

ANA-MPA — In a memo addressed to the Dutch Parliament, Eurogroup chief Jeroen Dijsselbloem noted that there is need for greater clarity on the part […]

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ECB paper: Tax hikes self-defeating when it comes to cutting debt

10th February 2016 Newsroom 0

Reuters — Raising taxes is “self-defeating” when a country tries to bring down the ratio between its public debt and economic output, according to a […]

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Greek stocks are crashing and austerity is tearing the country apart

9th February 2016 Yannis X 0

Business Insider — The benchmark Athens Stock Exchange (ASE) Index fell 7.9% on Monday, according to data from Bloomberg. Additionally, Greek bank stocks lost 24.3%. This was […]

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Lagarde: Greece’s programme has to walk on two legs, not one

5th February 2016 Newsroom 0

ANA-MPA — Greece needs significant pension reforms to make the system sustainable but this must be accompanied by debt relief from its European partners, International […]

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Posts navigation

« 1 … 32 33 34 … 51 »
  • How to find your 2019 property tax statement online – and print it

    ENFIA property tax  notifications for property owners in Greece are now available online at  www.gsis.gr . If your accountant has nor sent you the tax demand, which […]

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  • Ten year old mystery of the suspicious death of Jean Hanlon in Crete

    Following a UK Channel 5 documentary entitled ‘Murdered in Paradise : The Killing of Jean Hanlon’, new information has emerged which was  enough to lead […]

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  • PFPO’s stray animals meetings with German MEPs and the Authorities in Crete

    PFPO PRESS RELEASE – (repost) Last month MEPs Professor Klaus Buchner, animal activist Stefan Eck and Georgios Chatzimarkakis, who is from Crete, organized a congress […]

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  • Book club in Apokoronas

    NEW BOOK CLUB Kindle/ebook recommended Meets Monthly Read an entertaining, interesting book every month. Members take turns to propose a choice of books. Meet, discuss […]

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  • A new novel on wartime Crete by Phillip Duke, a former apokoronas resident

    A Cretan village confronts the Nazi juggernaut sweeping across Europe. A village matriarch tries to hold her family together…Her grieving son finds a new life […]

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