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Greece to pay IMF but concluding negotiations will be a tougher task

PoliticsGreek Politics 06/04/2015 - 04:36

There were no surprises from Greek Finance Minister Yanis Varoufakis’s meeting with International Monetary Fund managing director Christine Lagarde in Washington on Sunday but the government in Athens still faces a challenging few days ahead. Lagarde co...

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Tsipras eyes review conclusion, insists SYRIZA patience will pay off

PoliticsGreek Politics 31/10/2017 - 10:59

Prime Minister Alexis Tsipras assured SYRIZA’s political secretariat on Monday that the government will manage to wrap up the third review on time and that better days are on the way for his party. Speaking to SYRIZA officials after the departure of the...

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Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off

EconomyBanking 27/05/2022 - 10:34

Alpha Bank reported a net profit of 125 million euros in Q1 2022, compared to a loss of 282 million euros in the same quarter of 2021. In the last quarter of 2021, the net loss was 408.1 million euros, mostly on the back of 551.8 million euros of impair...

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Newsletter 88 - 16/09/2016

Newsletters 16/09/2016 - 16:00

of companies are due to pay a higher property tax for this year. The breakdown for individuals showed more than 80 percent are due to pay a tax of less than 500 euros which, added up, corresponds to one-third.... The last bracket includes 1.8 percent of individuals with very large properties who are due to pay

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Newsletter 19 - 13/03/2015

Newsletters 13/03/2015 - 14:44

expense for Greek banks on an annual basis. On top of that, Greek banks have to pay a fee of 1.4... on bonds it had issued between the wars to raise money to pay for the reparations agreed at Versailles... Greece regarding its obligation to pay back the money it has borrowed, it is difficult to ignore

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The conundrum of Greek olive oil exports

EconomyFeatures 04/07/2017 - 13:39

of the olive press is where the problem lies. Over 60 percent of what Greece produces is immediately... largest producer of olive oil. In reality, the windfall is unlikely to manifest in local coffers.... One company which has carved a niche overseas with their packaged olive oil products is Gaea

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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

EconomyProgramme 05/05/2016 - 11:54

levies on pay TV and on bank cheques or bank transactions. Personal income tax A new unified tax... percent of self-employed with income below 32,000 euros would pay lower income tax with the new tax... retirement pay amount exceeds 1,300 euros, rise in contributions for supplementary pensions by 1

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Newsletter 205 -10/05/2019

Newsletters 10/05/2019 - 10:18

to pay their dues in up to 120 instalments after being granted a reduction of the original amount... of their monthly retirement pay. For those earning 501 to 600 euros, the amount paid out will be 70 percent.... Of this available funds, 3.6 billion euros will be used in the coming weeks to pay off part of Greece’s loan from

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Another Eurogroup for Greece where all options fell short

Agora 01/06/2017 - 10:48

Commissioner Pierre Moscovici was the first to take the floor and his remarks suggest that over... Thomsen’s remarks that what is on the table falls well short of what the IMF considers necessary.... Schaeuble’s closing remarks set the tone for the next weeks and the possible outcome of the next Eurogroup

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Greece submits reform proposals but Eurogroup unlikely to be moved

EconomyProgramme 06/03/2015 - 21:50

, those who will pay their full principal amount until the end of March will receive a discount in the surcharges. The law allows for debtors to pay in advance of the tax submission set date (end of May... and reward those who pay the full amounts of tax debt upfront versus those who pay in (up to 100

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