KEPE
Economy
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 the Center of Planning and Economic Research (KEPE) and Professor of Economics at the Athens...
Economy
Study Finds Greece Has Secured 37.6 Billion Euros in Investments
Between June 2012 and June 2014, Greece attracted a total of 37.6 billion euros in investments, finds a new study published by the Centre of Planning and Economic Research (KEPE).
The study, which remains ongoing, was recently discussed by KEPE's president,...
Business
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, reducing the price differential between cheaper and more expensive tobacco products, based on a study...
Crime
Financial Crisis Sparks Cigarette Smuggling in Greece
Nearly a quarter of tobacco products used in Greece are likely to have been smuggled in to the country, according to the latest data from the Center For Planning and Economic Research (KEPE). KEPE's survey aimed to define the extent of...
Economy
ELSTAT: Drop in Greek Household Disposable Income
Since the country entered into recession, Greeks get poorer year by year. The austerity measures haven't yet brought the promised growth, and unemployment hits record rates, while Greeks struggle to make a living.
According to a Hellenic Statistical Authority (ELSTAT) report,...
Crime
Tobacco Smuggling Soars In Greece
With the government increasing taxes across the board, more Greeks are turning to buying smuggled tobacco products, costing the country at least 600 million euros ($780.5 million) in lost revenues from 2011-12, a survey by the Center of Planning...
Economy
Greece Jobless Rate Seen Over 30%
With Greek Prime Minister Antonis Samaras saying all is well now in Greece and that he's put the economy on the road to recovery, the record 27.4 unemployment rate will like go past 30 percent next year, a report...
Economy
Greece Set to Slash Health Care, Welfare, Pensions, Salaries
ATHENS - Backtracking from campaign promises to hold the line on more austerity measures, Prime Minister Antonis Samaras was set to meet on July 27 with international lenders providing critical bailouts to Greece as his government is reportedly ready...
Economy
Greece Considers New Amnesty Program for Tax Cheats
ATHENS – The new coalition government led by Prime Minister Antonis Samaras’ New Democracy party is mulling whether to offer a new amnesty to tax evaders in a bid to bring in about 1.5 billion euros, or $1.81 billion...
Economy
Samaras Tells Ministers: Find $14 Billion in Cuts or I Will
ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by $14 billion, new Prime Minister Antonis Samaras has told them that he will if they...