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  1. Payment cards up by 3 pct but value of transactions drops by 7 pct in H1 2016

    EconomyBanking

    , the upward trend also reflects the replacement of bankbooks with cards, so banks can manage accounts more... due to pay within the first half of 2016. The number of transactions per card remained unchanged

    6%
  2. ESM and EFSF approve short-term debt relief measures for Greece
    Photo by MacroPolis

    EconomyProgramme

    that Greece will have to pay a higher interest rate when market rates start rising. The third scheme relates... years so a number of repayment jumps in the 2030s and 2040s can be spread out over several years

    6%
  3. Pensions main source of finance for half of households as income falls again
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    they have been forced to tighten the purse strings to ensure they can make ends meet. Households.... The report noted that the measure allowing citizens pay their overdue taxes in 100 instalments has

    6%
  4. Debt deal eludes Greece and lenders, June 15 set as final deadline
    Photo via Fosphotos

    PoliticsGreek Politics

    insisted that there is an overriding expectation that the talks can be successfully wrapped up... for discussion but “not too much” because of the debt maturities in July. Greece has to pay 256

    6%
  5. Tsipras fails to halt strike as domestic political battle heats up
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Efforts by the government to end the strike by refuse collectors have failed to pay off as the action is due to continue at least until Thursday, forming a new front between SYRIZA and New Democracy... that the opposition party wants to prolong the action so it can generate support for the idea of assigning

    6%
  6. Bond issue decision expected as clock ticks down
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    newspaper reported on Friday that Greece is ready to begin the book-building process on Monday so it can... contracts. Several provisions in the bill relate to working conditions and pay. It proposes

    6%
  7. Coalition faces demanding September on reform, fiscal and economic fronts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and the passing of a new legislation regarding housing benefit so a means-tested scheme can be launched... from Greece’s own resources to pay suppliers and carry out tax refunds. All of this means

    6%
  8. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    rentals is currently taxed as regular rental income and owners of such properties can declare their income annually rather than submitting each stay. They also do not have to pay VAT. The popularity

    6%
  9. Tsipras concludes US trip with focus on geopolitics and investments
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    Tzanakopoulos clarified that Athens would only pay 1.1 billion euros of this total and that the payment would... pointed out that Greece’s neighbour is Turkey, which can be “unpredictable” and “aggressive” rather

    6%
  10. Sub-tranche, 2017 fiscal performance ticked off on first day of review talks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    . A Greek government official suggested on Monday that the coalition managed to pay out 1.25 billion... that Athens can apparently cross of the list, though, is the discussion about whether this year’s

    6%