Three out of 10 households in Greece report annual income of less than 10,000 euros, a study conducted by the research arm of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) announced on Tuesday.
Tax inspectors are now focusing on individual taxpayers, who until recently were not on the authorities’ radar as interest was focused on large-scale tax evasion by businesses.
Greece achieved a financial recovery feat on Tuesday, in the aftermath of a bruising, decade long financial crisis, upon selling €2.5 billion of 10-year bonds for the first team since it was entrapped into the vicious cycle of depression.
The interest rate of the new 10-year Greek bond was set at 3.90 pct with the Greek state draining 2.5 billion euros from the market, up from an initial target of 2.0 billion euros.
Maran Dry Management, the company owned by John Angelicoussis, has directed two aged capesize vessels towards the demolition market last week.
Germany's parliamentary president Wolfgang Schaeuble admitted in a newspaper interview on Monday that he had “asked a lot” of the Greeks when he was finance minister at the peaks of the country's crisis, but had good reason to do so.
Demonstrating its commitment to the recovery of the Greek economy and the strengthening of entrepreneurship, the European Investment Bank (EIB) said this week that in 2018 it had financed a record number of projects, making Greece the…
The recent upgrade in Greece's credit rating by Moody's was "very good news" and a "positive signal" for the country that reflected its potential, provided that it puts in the hard work needed and continued to modernise, Jeroen Dijsselbloem…
Renowned experts debated the competitiveness of the Greek economy on Saturday at the Delphi Economic Forum. Deborah Wince-Smith, President and CEO of the Global Federation of Competitiveness Councils, Nicholas Logothetis the Co-Founder and…
Economic growth will be the key that will help strengthen social cohesion, Bank of Greece Governor Yannis Stournaras told the Delphi Economic Forum Sunday.