finance

The latest figures published last week by Greece’s Independent Authority of Public Revenue (AADE) revealed that unpaid taxes to the Greek state now amount to the staggering sum of €104,365 billion. This massive figure highlights Greece's problem with tax evasion,...

According to the latest figures published by Greece's Independent Authority of Public Revenue, the amount of taxes Greek taxpayers did not pay to the state during just the first 59 days of 2019 came to the staggering sum of...

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country's Ministry of Finance announced on Tuesday. This will be the first time Nicosia will borrow money on the international...

An incredible story surfaced on Friday on Crete's ekriti website, involving a 75-year old man and the debts he purportedly owes to his local tax office. Or perhaps it is not all that incredible, considering the infamous workings of the...

European officials postponed the decision on whether or not Eurogroup will authorize the already-agreed upon disbursement of cash to Greece until the next Euro-working group in March 25. The Eurogroup postponed the decision on disbursement because of a delay in...

This Friday held a positive surprise for the Greek economy, as the yield on Greece's 10-year state bond fell to 3.647 percent, the lowest level in more than a year. According to Greece’s state-run AMNA news agency, this is partially...

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen years between 2001 and 2017. This figure is of course quite low compared to other Eurozone...

The European Commission announced on Wednesday its decision to extend its "enhanced surveillance framework" for the nation of Greece by six months. This decision was adopted by the European Commission under EU rule No 472/2013, which is also called the...

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the debt-relief scheme that was agreed on a few years ago. The Greek government has significantly delayed the implementation...

The Greek Ministries of Labor and Finance are expected to co-sign a framework to establish a rental subsidy plan for more than 300,000 families having low incomes. Applications for the new program will be submitted online, and the Greek Government's...