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  1. Greek SMEs struggle most for finance versus eurozone peers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The latest ECB semi-annual survey on the access to finance for enterprises in the euro area... hurdles among their eurozone peers. Access to finance was mentioned by 27 percent (from 24 percent... higher than the euro area average of 9 percent. Access to finance was considered the least important

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  2. Finance Ministry grapples with escalating cost of pandemic

    Economy

    Finance minister Christos Staikouras announced on Monday that the cost of support measures... on Wednesday cited Finance Ministry in estimating that Tuesday evening’s announcement that retail stores... euros, according to the Finance Ministry. Parliament In its announcement on Monday, Staikouras

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  3. Finance Ministry scrambles to correct property tax after error-strewn debut

    EconomyMacroeconomy

    and left the Finance Ministry with plenty of revision work to do. This tax is due to replace... billion but the Ministry of Finance (MoF) aims to rake in 2.65 billion, which corresponds... the Finance Ministry did not take into account the discounts for specific categories of households

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  4. Commission points to poor access to finance, slow reform as hampering Greek competitiveness

    Economy

    important drivers of firm growth such as access to finance, innovation, efficiency of public... that in 2013 32 percent of Greek SMEs identified access to finance as their most serious issue... questions about the role of the troika, particularly in terms of access to finance and public sector

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  5. Among euro area SMEs, Greeks face most problems with access to finance

    Economy

    Almost one third of Greek small and medium-sized enterprises (SMEs) named “access to finance... in Austria (7 percent) and Germany (9 percent). When asked how pressing “access to finance..., such as Ireland, Spain, France, Italy and Portugal, access to finance has become a less pressing

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  6. Finance Ministry targets 3 bln from unpaid taxes

    EconomyMacroeconomy

    of unpaid tax obligations, Alternate Finance Minister Nadia Valavani provided figures that give... corporate or state-controlled companies. The Finance Ministry aims to collect 3 billion or one-third.... During the Finance Ministry briefing, Alternate Minister for Social Security Dimitris Stratoulis

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  7. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    depositors' sentiment. During a briefing to journalists on Tuesday, Finance Minister Yanis Varoufakis... transfers and deposits. Just a few hours later, the Finance Ministry (MoF) issued a press release... On the revenue front, Alternate Finance Minister Nadia Valavani said on Tuesday that around 505,000 taxpayers

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  8. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    The latest ECB bi-annual survey on enterprises’ access to finance for the six months ending... identifying ‘access to finance’ as the most important problem they are facing. A total of 34 percent... remained by far the lowest. On a scale of 1 – 10, Greek SMEs rated importance of access to finance

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  9. Access to finance remains far bigger problem for Greek SMEs compared to euro area peers

    EconomyMacroeconomy

    The latest ECB semi-annual survey on the access to finance of enterprises for the six months ending... their eurozone peers. In specific, access to finance remained the dominant concern for SMEs... continued to perceive access to finance as a very important problem rating it at almost 7, meaning

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  10. Finance Ministry waits for new property values as talk of bad bank gathers pace

    EconomyProgramme

    by the Finance Ministry to calculate this year’s ENFIA real estate tax. The deadline for some 250... by the Finance Ministry, thereby causing a big jump in the ENFIA tax that those affected will have to pay... years. This means that the Finance Ministry will have to balance any reductions in the tax due

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