Search Results for: Greece
Greece Economic Crisis Enters Year 9
March 28th, 2016
Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky financial sector ended a turbulent year defined by political crisis and uncertainty. Gross domestic product ...
OECD: Greece will be on the top of countries regarding taxes withheld from salaries and pensions
March 15th, 2016
Taxes take half of high salaries The government will send Greece to the top of the chart among the countries of the eurozone and the Organization for Economic Cooperation and Development (OECD) in terms of taxes withheld from salaries ...
Greece Latest: New payouts and the start of debt relief talks may delay
March 3rd, 2016
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts ...
EBRD supports international trade in Greece through National Bank of Greece
March 2nd, 2016
Facility will help National Bank of Greece scale up trade finance The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the EBRD’s Trade Facilitation Programme (TFP). The facility ...
Russian gas from Greece to Italy; the New project
February 29th, 2016
Gazprom revives ‘Poseidon’ Adriatic link Gazprom has revived a project that would see an offshore pipeline built to bring Russian gas from Greece to Italy. The new project is named “Poseidon”. What remains unclear is how the Russian gas ...
Greece: fears for more cuts and tax increases will be needed to unlock bailout loans
February 4th, 2016
Greece Fears More Austerity Pain Ahead to Unlock Bailout Loans Nationwide strike called to protest cuts as talks progress with creditors The outlook for Europe’s most depressed economy hinges on how talks progress between the Greek government and its ...
Greece: Finance Ministry to present plan for a single set of tax rates for all
February 1st, 2016
Greece: The Finance Ministry is set in the next few days to present creditors with the changes it is planning to introduce on 2016 income taxation. The measures being considered are to decrease the number of income brackets from ...
Israel, Greece and Cyprus to explore gas pipeline to Europe
January 29th, 2016
Greece, Israel and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, leaders of the three countries said on Thursday. Israel has reported ...
Greece Is First EU Country Out Of The Gate To Buy Iranian Oil
January 27th, 2016
Greece, once a leading European customer of Iranian oil before the imposition of Western sanctions in 2012, will be the first European country to resume buying Iranian crude now that the sanctions have been lifted. The country’s biggest oil ...
Greece Reaches Tsipras Anniversary Facing Pension Battle
January 25th, 2016
Bonds sink ahead of tough negotiations over pension reform Government wants speedy end to bailout review with creditors Prime Minister Alexis Tsipras is marking the one-year anniversary of his election on Monday as Greece finds itself once again with ...
