Varoufakis Preparing Bill for Voluntary Declaration of Swiss Bank Deposits
The Greek government will table a new draft bill to Parliament that will allow Greek citizens to voluntarily reveal deposits held in Switzerland in exchange for a smaller tax payment, Finance Minister Yanis Varoufakis said on Tuesday. Speaking to reporters after...
Bank Deposits and Loans Fall in Greece
According to the Bank of Greece data, business and household deposits dropped from 161.02 to 160.5 billion in January. Since the beginning of the year, Greek deposits showed a decrease which reaches 2.7 billion euros for the first two months...
Loans and Deposits Reduced in August 2013
Loans and deposits were reduced in August 2013. According to data by the Bank of Greece, it was observed that in deposits (that businesses and households hold in Greek banks) there was a small outflow, as the total reserve...
Deposits In Greek Banks Increased in July
Deposits in Greek banks showed an increase this July (6,6%), according to data released on August 28 by the European Central Bank. On the contrary, deposits in Cypriot banks have dropped by 2,4% and it is estimated that total deposits...
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