The tax bureau is launching sweeping reviews of unaudited tax cases from 2011 in order to beat the five-year statute of limitations, which expires at the end of this year.
A Bank of Greece report on Greece’s balance of payments in September noted a current account surplus of 1.2 billion euros, a 348 million euro increase, as compared to 348 million euros for the same month last year. The surplus hike is attributed to an increase in the surplus of services balance and, secondarily, to […]
Greek private banks have made a commitment to the European Central Bank that mandates a 40 billion dollar reduction by 2019 of all manner of non-performing loans – housing, consumer, and business.
Pasok leader and former minister Fofi Gennimata was the big winner in yesterday’s run-off to choose a leader for an as yet unestablished centre-left party.
All of us, both the state and citizenry, more or less bear our own responsibilities. We disregarded nature, showing contempt for the power and signs that it has exhibited over the ages.
A legislative majority today approved the 2018 budget for the Greek, which for the first time since 2009 features a slight spending increase, of one million euros, or 0.75 percentage points.
Turkish President Recep Tayyip Erdogan today announced his country’s withdrawal from a NATO military exercise in Norway after an alliance document related to the manoeuvres allegedly depicted Turkey as an enemy target.
In an effort curb a spate of cases of wealthy clients enjoying social welfare billing subsidies, the Public Power Corporation (PPC) social welfare billing programme is introducing stricter criteria for the benefit.
In a show of unity amidst mutual recriminations over the cancellation of their last debate before Sunday’s run-off, Pasok leader Fofi Gennimata and opponent Nikos Androulakis paid a joint visit to the flood disaster zone in Western Attica.
Forty-four years after the heroic uprising at the Athens Polytechnic, it is time for us to completely reconsider what is euphemistically called the celebration of the anniversary.
The office of the Supreme Court prosecutor has ordered a preliminary investigation of the circumstances of the sale of munitions from Greek army stock to Saudi Arabia
As Greece readies for an eventual return to the markets, the European Court of Auditors report underlines the difficulties of Greece meeting all of its borrowing needs through the markets.
The economic prosecutor is poised to launch an investigation of Greek citizens whose names appear in the so-called Paradise Papers, a list of global tax avoiders.
Data collected by the Central Bank of Greece indicate that the rate of contraction of real estate prices has again dropped in the third quarter of 2017, but the downward trend continues.
Greece will find it extremely difficult to stem the brain drain without improvement of the economic climate and without targeted actions, saysCentral Bank of Greece Governor Yannis Stournaras.
Representatives of Greece’s creditors are due in Athens on 28 November to discuss the final details before closing the third evaluation of the country’s fiscal adjustment programme.
At least 15 lives were lost, dozens more were endangered, estates were destroyed, entire areas drowned in mud, all just a few kilometers from the center of Athens.
Vasilis Papadopoulos, who is said to have appeared as the middleman in a deal to sell munitions to Saudi Arabia was convicted irrevocably of smuggling in 2014, according to a report in the daily Ta Nea.
Flash floods in Mandra, Western Attica, and Megara have left 13 people dead and 10 hospitalised, amongst whom a woman who has been placed on life support.
Greece’s Public Debt Management Agency (PDMA) is awaiting the green light from the finance minister at any moment to proceed with a new return to the markets with a major bond swap.