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Giorgos Stathakis

Greek Government About to Begin Negotiations With Creditors

The Greek government is expected to start negotiation talks with Greece’s creditors this coming Monday, which will be completed in two rounds, according to officials from Greece’s Ministry of Finance. The first round of talks will last only a few...

Stathakis Confident in Government in the Face Of Pension Reforms

The vote on pension reforms will not shake the government's majority, Economy Minister George Stathakis predicted on Sunday while talking on the "Mega Weekend" television show. Defending the government’s approach, he said SYRIZA’s Parliamentary group would support the changes. He...

Greek EconMin: New Development Law Will Put An End to Old Mistakes

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared with a prevailing bureaucracy and will put an end to mistakes made in the past such as no safeguarding...

Greek Economy Minister Doesn't Rule Out Tax on Banking Transactions

Economy, Development and Tourism Minister Giorgos Stathakis didn’t rule out the possibility of imposing a tax on banking transactions as part of the government’s efforts to increase revenues, according to statements made to a Greek private radio station on...

Greek Gov't Reaches Agreement With Creditors, Negotiations Over

The discussion between Athens and the creditors is expected to come to an end on Saturday, December 12, when the new multi-bill will be submitted to Greek Parliament. The bill will include the 13 prerequisites that will green-light the...

Thorny Issues Remain Unresolved in Greece-Creditors Negotiations

The opening of the energy market, the privatization fund and the management of bad loans are the issues stalling negotiations between Greece and creditors. The issues need to be resolved by Friday night at the latest, otherwise Athens will be...

Greek Economy Minister Probed Again for Failing to Declare Assets

The Parliamentary Committee for Declaration of Assets of political persons is investigating again Economy Minister Giorgos Stathakis for failing to declare income and real estate properties in addition to the 1 million euros he was investigated for in October. The...

Greek Economy Minister is Certain of Economic Growth by End of 2016

"Greece will not become a tax haven. We will follow the road of European countries which maintain high tax rates," Economy Minister George Stathakis said on Tuesday, addressing a conference organized by the American-Hellenic Chamber of Commerce. "We will...

Economy Minister Stathakis Predicts Agreement with Institutions by Saturday

Greek Economy Minister Giorgos Stathakis on Wednesday predicted that an agreement with the Institutions will be achieved by Saturday, with such a likelihood marking a positive development in the process for recapitalizing Greece's systemic banks. His comments came after the...

Greek Economy Shrinks by a Percentage Lower Than Expected

Greek economy seems to be shrinking 1.4 percent in 2015, a much lower contraction than the 2.3 percent estimated, according to a Reuters report. Citing sources close to the bailout talks, Reuters says that the creditors had agreed with the new...