Economic Forum report: Greece has lowest competitiveness score in EU
The World Economic Forum ranked the Greek economy as the 81st most competitive out of 144 national economies, giving the nation a 4 out of 7 score in […]
ECONOMY
Greece is missing VAT revenues, needs more efficient tax collection, EU Commission says
ANA-MPA — Greece’s taxation system needs, among others, more efficient revenue collection and better VAT compliance, the European Commission said in its annual report on […]
Stiglitz: “Germany is responsible for the chaos.”
ANA-MPA — Economy Nobel prize winner Joseph Stiglitz criticized once again the austerity policies imposed on Greece by Germany and the Eurozone, saying that “Germany […]
Eurostat: Greek employment grew by 1.2 pct in the second quarter of 2015
Employment growth in Eurozone accelerated marginally for the second straight quarter in the three months ended June, figures from Eurostat showed Tuesday. Employment rose a […]
Greece’s tax-evading professionals – Bloomberg
A report released this month came to the obvious conclusion that Greece would be much better off if the government could collect the taxes owed […]
Once unthinkable, economists now say Greek debt relief is a given
Bloomberg — What a difference two months make. Back in July, things looked so bad for Greece that 71 percent of 31 economists polled by Bloomberg […]
Vehicle sales in Greece post a 20.1% rise in August
Vehicle sales in Greece posted a 20.1 percent rise in August, as the number of vehicles that came into circulation on Greek roads for the […]
Greek economy grew by 0.9% in the second quarter of 2015
The Greek economy grew by 0.9% in the second quarter of 2015 compared with the first quarter and by 1.6% compared with the second quarter […]
Greek revenues exceed targets in August
ANA/MPA—Budget revenues surpassed targets by 1.6 pct in August, the Finance ministry said on Monday. In an announcement, the ministry said that budget revenues totaled […]
Varoufakis: Democratizing the Eurozone
Project Syndicate — Like Macbeth, policymakers tend to commit new sins to cover up their old misdemeanors. And political systems prove their worth by how […]
Greek cheeses are enjoying a resurgence in the UK
A London-based Greek entrepreneur that supplies foods such as Feta cheese and olives to most of the major supermarkets says the ongoing Greece crisis has […]
Autumn tourism to bring in more than €3 bln in revenues
Association of Greek Tourism Enterprises (SETE) president Andreas Andreadis believes that the country’s tourism sector will continue to grow in the autumn. According to SETE, […]
More time for privatization
Bloomberg –For a lesson in why Greece’s attempts to sell billions of euros of assets have foundered, look no further than the New Acropolis Museum […]
Lagarde now claims restructuring should suffice for Greek debt
A form of debt restructuring rather than outright forgiveness should enable Greece to handle its “unviable” debt burden, the head of the International Monetary Fund […]
Latvia, Greece win opt-out from Monsanto GM crop
(Reuters) – Monsanto said it would abide by Latvia’s and Greece’s requests under a new EU opt-out law to be excluded from its application to […]