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87% of Tourism Revenue Stays in Greece

Approximately 87% of total incoming tourist revenue stays in Greece, a survey by the Center of Planning and Economic Research (KEPE) showed on Tuesday. The survey, drafted...

Michalis Psalidopoulos Appointed as Greece's New IMF Representative

Michalis Psalidopoulos was appointed as Greece's new representative at the International Monetary Fund (IMF), the Finance ministry said on Wednesday. Psalidopoulos is the president of...

Greek Gov't Tries to Secure Liquidity Without Pension and Wage Cuts

The Greek government is trying to find ways to secure liquidity until June without pension and salary cuts or extra contributions to security funds. With...

Greek Govt Seeking Liquidity Assistance from Social Security Funds, Hospitals and Farmers

His belief that there are alternative solutions to liquidity problems in March expressed a senior Greek financial official just before the Government Council for Economic...

Greek Smokers Pay the Highest VAT in EU

Successive changes in tax laws for tobacco products have changed the Special Consumption Tax (SCT) from a mainly proportional to a primarily flat tax,...

“New Horizons” Polish Film Festival With 10 Greek Films This Year

"New Horizons" Film Festival includes 10 Greek films this year. The Polish festival acknowledges the “strange, new” Greek cinema trend, as it calls it,...

London Event to Showcase Greek Hydrocarbon Blocks

The Greek government is preparing an important showcase, in cooperation with the Greek Embassy in London and the Research Center for Energy Management (RCEM)....