IMF Review Foresees Lower Primary Surplus for Greece in 2017 & 2018

More bad news for the government: In its biannual report on the world economy, the IMF reiterates its view that the Greek economy will...

Final Bids for Greek Gas Grid Sale Expected by Year’s End

The Greek government wants to get binding offers from investors shortlisted for a 66% stake in state-controlled natural gas grid DESFA by the end...

IMF: Greek Economy to Grow by 2.6% in 2018, Weaken in 2022

The International Monetary Fund on Tuesday said that the Greek economy will grow by 2.6% in 2018, up from a 2.4% growth rate estimated...

ECB Profits from Greek Bond Holdings at €7.8 Billion

The European Central Bank has made nearly €8bn in profits from its holdings of Greek government debt, according to a written response provided by...

Greek FinMin Tsakalotos to Meet with IMF Chief Christine Lagarde

Greek Finance Minister Euclid Tsakalotos and his deputy, George Chouliarakis, will meet with the head of the International Monetary Fund, Christine Lagarde on Saturday. The...

State Debt Amounts to €39,700 per Person in Greece

If Greece were to repay its sovereign debt today, each Greek would have to contribute 39,700 euros (47,869 U.S. dollars), according to the World...

Eurogroup: Dijsselbloem Says Greek Bailout Solid, Regardless of New German Government

In today's Eurogroup meeting, the head of eurozone finance ministers, Jeroen Dijsselbloem, said the agreement on the Greek 86-billion-euro bailout was "solid" and could...

Greek Pharma Complains about Over-taxation by the State

Greek pharmaceutical companies claim that their excessive taxation by the Greek state -clearly above any other EU state-, will eventually lead to their demise. At...

Capital Management Expert: Greek Economy can Turn Around with Another Gov’t

Greece's economy can recover and the country can lure many investors as long as a center-right government, investment - friendly is in power, said head of...

Ionian Islands ‘Champions’ in Tax Evasion

Official statistics show that the Ionian islands of Corfu, Zakynthos and Kefalonia have earned the rather unflattering title of tax-evasion champions. Figures from the Independent...

Wolfgang Schauble Waves Goodbye ‘Vindicated’ by Tough Bailout Policies

Wolfgang Schäuble says he feels vindicated by the results of often painful reforms carried out in exchange for EU loans in Greece, Portugal, Ireland...

German FinMin Schaeuble: Greece’s Economy is Well on Track

Greece's economy is well on track, German Finance Minister Wolfgang Schaeuble said on Saturday in an interview with French radio Intel Radio. Confidence has returned,...

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