Greek Finance Ministry
Economy
More than 85% of Greek Farmers Reported 5,000 Euros of Income in 2014
Nine out of 10 farmers declared an annual income of up to 5,000 euros in 2014, while only 5% of taxpayers with farm income declared an annual income of more than 12,000, the Finance ministry said in report.
The...
Economy
Greece Has Nearly 2 Bln Euro Budget Deficit Between January and September 2015
The Greek Finance Ministry has revealed the extent of the Greek budget deficit for the first nine months of 2015.
According to the budget data, the deficit from January to September 2015 amounted to 1.904 billion euros, while preliminary estimates had anticipated a deficit of 3.737 billion...
Economy
Desperate for Funds; Greek Government Promotes Plastic Money Initiatives
Deputy head of the Greek tax collector's union Tryfon Alexiadis confirmed the Finance Ministry’s intention to extend the use of plastic money. The Ministry will implement various incentives via mandate or voluntarily, aiming to reduce tax evasion. The new...
Economy
Greek Finance Ministry Announces Capital Controls Amendments
On Monday, the Greek Finance Ministry announced new modifications to the capital controls that have been imposed in Greece since June 28, 2015.
While the bulk of the announcement, published on the four month mark of capital controls in Greece, includes directives...
Economy
Greece Eases Capital Control Restrictions to Aid Students and Soldiers
The Greek Finance Ministry has decided to ease the restrictions imposed on Greek citizens due to capital controls that were put in effect a few months ago. According to the official ministerial decision published in the government gazette, each applicant...
Economy
Greek Finance Ministry to Loosen Up Capital Controls
The Greek finance ministry will add some new measures regarding capital flow that would loosen up certain restrictions that apply now.
In order to give initiatives to Greeks to return to the banks the money they keep hidden, the finance...
Economy
Greek Budget Revenue Exceeds August Target
Budget revenues surpassed targets by 1.6 pct in August, the Finance Ministry said on Monday.
In an announcement, the ministry said that budget revenues totaled 4.055 billion euros in August, up from a budget target of 3.991 billion euros. The...
Economy
Athens Stock Exchange To Reopen On Monday After 5-Week Shutdown
Hellenic Capital Market Commission (HCMC) Chairman Konstantinos Botopoulos told international media on Friday that the Athens Stock Exchange (ASE) will reopen on Monday, August 3, after shutting down for more than a month.
"We are working on the basis of Monday but we are waiting...
Economy
IMF Receives Greek Request for New Loan
The International Monetary Fund stated on Friday that it had received a letter containing Greece's request for a new loan. "We will discuss with the Greek authorities and with our European partners the timing and the modalities for the...
Economy
New Greek Ministerial Decision Regulating Capital Controls Issues
A new ministerial decision regulating certain problems that emerged after capital controls were imposed on Greek banks, will facilitate money transfers for businesses. However, the decision did not include measures about checks.
According to a senior official in the Greek...