Christos Staikouras
Economy
Greek Banks to Implement Law on 'Bad Loans'
Greek banks are ready to implement the law on "bad loans." This emerged after today's meeting at the government headquarters between Prime Minister Antonis Samaras, government Vice President Evangelos Venizelos, Finance Minister Gikas Hardouvelis, Alternate Finance Minister Christos Staikouras,...
Economy
Greece's Primary Surplus Beats Target
The Greek government announced on Tuesday that the country has achieved a primary surplus of 2.5 billion euros, or 1.4% of gross domestic product, between January and September.
Alternate Finance Minister Christos Staikouras stated that the primary surplus has surpassed the target...
Economy
Draft Budget Tabled in Parliament
The draft budget currently tabled in parliament does not include a reduction in tax rates. It does, however, include a 1 billion euro increase in revenues. It also foresees a reduction in unemployment rates and sets the primary surplus...
Economy
Greece 's Primary Surplus to Reach 2.9 % In 2015
The government will aim for a primary budget surplus of 2.9% next year, just shy of the 3% target set out under the bailout agreement, says the deputy finance minister.
The target is part of a 2015 draft budget that...
Economy
Greece Reports 2.5-bln-euro Primary Surplus in Jan-Aug
Greece reported a primary surplus of 2.5 billion euros in the January-August period, sharply up from a primary surplus of 1.2 billion euros in the corresponding period last year, the Finance Ministry said in an announcement.
The announcement noted that...
Economy
Greece Beats Budget Target, But New Jobs Elusive
AP - Greece 's finance ministry says the country's budgetary position is much better than anticipated.
It says that its surplus, once debt and interest payments are excluded, in the first eight months of the year is double the amount...
Economy
Greece Reports 3.2 bln Euros Primary Surplus in Jan-July
The Greek government on Wednesday reported a primary surplus of 3.2 billion euros or 1.8% of GDP, in the January-July period this year, from a primary surplus of 1.8 billion or 1.0% of GDP in the corresponding period of 2013.
According...
Economy
Unified Property Tax To Be Paid in 6 Installments
The unified property tax known as ENFIA will be paid in six installments.
The decision was made at a broad meeting chaired by Greek Prime Minister Antonis Samaras with the participation of Government Vice-President Evangelos Venizelos, Finance Minister Gikas Hardouvelis and Alternate Finance...
Economy
Greek Government Records €1.8 Billion Primary Surplus
In a report on budget execution, the finance ministry said that the primary surplus totalled 1.8 billion euros in the first half of 2014, up from a primary deficit of 1.9 billion euros in the corresponding period in 2013....
Economy
Greek Budget Records 1.2B Euro Primary Surplus in Jan-May
Greek budget recorded a primary surplus of 1.2 billion euros in the first five months of the year, Alternate Minister of Finance Christos Staikouras said on Monday.
In a report on budget execution, the Finance Ministry announced that the primary surplus totaled...