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  1. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    for the heating oil tax to be reduced this year. So far, Finance Minister Yannis Stournaras has... tax within his own ministry. Kathimerini reports that Alternate Finance Minister Christos... Stournaras's knowledge, prompting considerable tension within the Finance Ministry. There are two key things

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  2. Coalition in a bind as debt relief slips away and more austerity looms

    PoliticsGreek Politics

    Finance Minister Yannis Stournaras’s insistence that Asmussen did not repeat this during the actual meeting of eurozone finance chiefs, there has been no attempt by the troika to contradict or clarify..., only for the then finance minister Venizelos to announce an emergency property tax in September

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  3. October revenues reverse earlier shortfall, annual primary surplus in sight

    Economy

    of Finance (MoF) today. Following a relatively stronger fiscal performance compared to the previous month... concerned about how to complete the review”. Later, Greek Finance Minister Yannis Stournaras stressed... may not be part of the official agenda in both meetings, it is clear that the Greek finance

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  4. Stournaras in firing line for arguing Greeks can pay more taxes
    en_GB Photo by Harry van Versendaal

    PoliticsGreek Politics

    hikes so it was no surprise that Finance Minister Yiannis Stournaras’s insistence this week... will surely prompt an outcry. The backlash against his comment stems from the fact the finance minister... is on the finance minister and his colleagues to address this, rather than to expect more from

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  5. The complexities of regaining market access: Could Greece learn from Portugal?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    presidency in early January to make its mark. The Finance Ministry reminded anyone willing to listen... on secondary markets since 2010. According to the Greek Finance Minister Yannis Stournaras, the target... was unwilling to lend to them. And they want to own their reform process, including how to finance

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  6. It's not the distance; it's the load you carry
    Photo by Harry van Versendaal

    Agora

    austerity. Finance Minister Yannis Stournaras often says that Greece has covered 80 percent..., the Finance Ministry in the end of 2012 revealed in the Medium Term Fiscal Strategy that additional... are still required. The Finance Ministry advocates that the unspecified savings for 2015 and 2016

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  7. Troika returning to Greece but key decisions still months away
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    the end of this week.” This came after Greek Finance Minister Yannis Stournaras briefed his eurozone... the weekend suggested that Chancellor Angela Merkel blocked a bid by Finance Minister Wolfgang... by the IMF, and then how much will be needed to finance the country in 2015/16. The IMF estimates

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  8. ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010

    EconomyMacroeconomy

    their investment portfolio holdings of Greek government securities. The Finance Ministry had indicated... citing MoF sources indicate today that this income could be reduced to 1.9 billion. The Finance... methodology. Alternate Finance Minister Christos Staikouras stated that the 2013 final primary surplus

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  9. Greece's primary surplus: Much ado about nothing?

    Agora

    Finance Ministry issued a press release later the same day indicating that Greece achieved a primary... that meeting of eurozone finance ministers. The definition of the primary surplus, although not clearly... Finance Ministry in its 2014 budget, where it expected a primary surplus of 3.9 billion (2.1

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  10. UnLuCky for some: Another painful lesson from the euro crisis
    Photo by Harry van Versendaal

    Agora

    the trade balance. Since there is no one to finance your excess imports you keep turning the screw until it is your exports that finance your imports and your trade is balanced. Disposable incomes were... for exporters, who in the absence of a functioning banking system to finance working capital were starved

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