New government programme to help small entreprises implement investments
The Greek Economy Ministry tabled an amendment in Parliament that will create new means of financial support for very small and small enterprises.
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Economy
Hellenic Fiscal Council: Greek economy’s growth rate fastest in 12 years (report)
The performance of Greek economy in 2018 showed the fastest growth rate since 2007, according to a report released on Wednesday by the Hellenic Fiscal Council (HFC).
Greek banks cut borrowing from ELA to zero
The Greek banking system has returned to normality after bringing its dependence on the Emergency Liquidity Assistance (ELA) mechanism down to zero, banking sources said on Wednesday.
European Parliament report accuses seven countries, including Cyprus, of acting as tax havens
The European Parliament urged EU member states on Tuesday to curb money-laundering in the bloc by ending programs to sell visas and passports, a step the multi-billion-dollar industry said would cause economic damage.
Greek state budget showed a primary surplus of 822 mln euros in January-February
The Greek state budget showed a primary surplus of 822 million euros in the January-February period this year, from a target for a primary deficit of 196 million euros and after a primary surplus of 2.695 billion euros recorded in the…
No decision on Greek tranche disbursement at EWG
The Euro Working Group (EWG) ended on Monday night without a decision on the disbursement of almost 1-billion-euros from creditors, as there is still no agreement with the Greek government on its plan for protecting the primary residence of…
Greece should have taken 10-year ‘timeout’ from eurozone, says Schaeuble
Former German finance minister Wolfgang Schaeuble, widely regarded as the architect of austerity in eurozone crisis countries, said in an interview in the Financial Times on Friday that Greece should have taken a 10-year timeout from the…
IMF says early loan repayment is up to Athens
The early repayment of Greece’s loans from the International Monetary Fund is a decision the Greek authorities will make, said IMF spokesman Gerry Rice on Thursday, but noted that this would require the consent of the country’s other…
Greek taxpayers paid 8.328 billion euros in taxes in 2018
A total of 8,907,722 Greek taxpayers paid 8.328 billion euros in taxes in 2018 on declared income of 73.612 billion euros, official figures showed on Thursday.
Petrofin Research Report: Greek fleet increased but shipping companies decreased
The actual number of Greek shipping lines (companies) diminished in 2018. The decline is sustained for a seventh consecutive year, echoing the signs of economic depression that the maritime world currently experiences. The number of Greek…