One fifth of Greeks covering 83 pct of annual income taxes
eKathimerini — An analysis of tax declarations reveals that 80.8 percent of taxpayers – those who declare a low income – are responsible for just […]
ECONOMY
Greek bailouts ‘lacked planning and strategy’, EU auditors say – ECB denies access to information
EurActive.com –The European Court of Auditors published a report assessing the effectiveness and results of the Greek bailouts on Thursday, 16 November. The EU and the International […]
Further relaxation of capital controls in 2018
Capital controls are to be further relaxed on deposits held in Greek banks, with full removal of restrictions for cash coming from abroad, from 1/1/2018, […]
Dijsselbloem: A lot of tax-payers’ money spent to save the banks
KeepTalkingGreece — Responding to a question by Greek MEP Nikos Chountis during last Thursday’s session of the European Parliament’s Employment and Social Affairs Committee Jeroem […]
Home buying inflows soaring 72 pct
eKathimerini — Capital inflows from abroad for the purchase of property in Greece are expected to come close to half a billion euros this year, […]
Greece, creditors prepare for post bailout period
Stratfor –Relations between Greece and its creditors have been cordial of late. Greece has been receiving bailout funds in recent months without any significant problems. But with […]
The working poor in Greece, where work offers less protection from poverty than in the rest of EU
Greece has the highest proportion of working poor in the EU27 a recent article in the German Der Spiegel claims. The article describes a situation […]
Greece ranks 67th in the “Ease of Doing Business 2018” report, bureaucracy taxes to blame
Greek Reporter — Greece ranks 67th in the “Ease of Doing Business 2018” report in a total of 190 countries, when last year was in […]
IMF’s Thomsen: Maturities extension is enough for Greek debt sustainability
Greek Reporter — In an interview with Austrian newspaper Der Standard, IMF’s head of European department Poul Thomsen claimed that extending maturities of the Greek debt is […]
Greece sees higher budget surplus this year, solid growth in 2018
Reuters — Greece expects to exceed creditors’ projections and achieve a higher primary surplus this year and buoyant growth in 2018, authorities said, as lenders […]
Don’t blame others for your problems, Germany’s Schaeuble tells Greece
Reuters — Schaeuble, a leading advocate of Greece’s tough austerity programs and one of Germany’s most powerful politicians, was elected speaker of its lower house […]
Germany: No change in position on Greek debt
Naftemporiki — A German government spokesman on Wednesday merely noted that there was nothing new to convey regarding Berlin’s stance vis-a-vis the issue of Greek […]
European official: Greek deal with US over fighter planes will be scrutinised by EU
A contract worth up to 2.4 billion USD, for the upgrading of Greece’s fleet of US-made F-16s will come under the scrutiny of the country’s […]
Work on Israel-Cyprus-Greece electricity link to start in 2018
The Times of Israel — A Cypriot official announced Monday that work on an electric cable linking the power grids of Israel, Cyprus and Greece […]
Investment is the missing ingredient as Greece rebuilds economy
Bloomberg — While momentum in the Greek economy is now building with green shoots sprouting in sectors ranging from manufacturing to retail, the key staple of […]