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Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it
EconomyMacroeconomya total of unpaid tax obligations of 76 billion euros. The MoF has identified that around 9 billion... of 583 million in the corresponding period of 2014. The Labour Ministry has noted it aims to collect
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Piraeus Bank net losses at 332 mln in Q4 2014, NPLs drop under 39 pct
EconomyBankingyears, the group’s headcount has been reduced by 19 percent to 15,539 employees and the network.... Since the end of November, Eurosystem funding has jumped by 18.1 billion mainly reflecting deposit
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Greece must tackle foreign bribery by Greek firms, OECD says
Societyanti-graft watchdog has said. Published on Friday by the OECD Working Group on Bribery, which... bribery allegations to prosecutors”. Greece now has a year to prepare an oral report to the working
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Greece prepares reforms list, eyes solution to liquidity shortage
EconomyProgrammeand improvements in the collection mechanism. One of the issues the government has committed so far... and basic goods and services. Currently, Greece has two main VAT rates, at 13 and 23 percent, a reduced
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
Societyand austerity policies on incomes, inequality and poverty in Greece has found. Entitled Greece: solidarity... has witnessed growing poverty and total pauperisation of a substantial part of Greek society
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No quick solution to Greek liquidity problem; reforms list holds key
PoliticsGreek Politicsthe money, which Athens hoped would have eased its liquidity problems. Reuters has reported unnamed... clear but there are many details that need to be ironed. The government, for instance, has sent mixed
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How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
Economyhas been happening in the issues so far this year. Taking into account that Greek banks are now legally bound not to increase their T-Bill holdings, we understand that this gap has to be covered
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economyhas almost certainly derailed Greece’s economic recovery. Even if prospects for a successful... a compromise deal stressing though that the progress since February 20 Eurogroup has been slow
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Tsipras heads for Russia with specific aims, including halting speculation
PoliticsForeign Policydemarcated” mean? Greece has already made it clear that its strategic choice is to respect its... for the Greek state. Athens has taken on board the lessons from Cyprus’s failed last-minute attempt to get
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DTA may spell new trouble for Greek banks
Agoracapital) times year’s loss. As an example, if a bank reports a pre-tax loss of 1 billion euros and has... that.” In addition, the ECB has signalled it would increase capital buffers for banks seen as over-reliant
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