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Creditors want home protection criteria shift

Greece’s creditors are insisting on a drastic reduction of the maximum property and income criteria for the protection of borrowers’ homes, or the exemption of corporate debts, before approving the Greek plan, sources have said.

Greek merchant fleet contracted for 2018

The Greek merchant fleet has shown a minor decline in 2018. The number of vessels registered under the Greek flag were diminished as compared to the 2017 data. According to recent data, the number of Greek flagged vessels reached 671 in…

Greece will lower taxes on dividends by 33 percent

Greece is cutting taxes on dividends by 33 percent, hoping to draw investors and provide some relief for companies, which have complained about overtaxation since Greece’s debt crisis nearly a decade ago.