Regling
Economy
Greek FinMin-ESM Chief Discuss Future Measures for Greece in Luxembourg Meeting
Greek Finance Minister Euclid Tsakalotos met with European Stability Mechanism (ESM) Chief Klaus Regling in Luxembourg on Wednesday. The meeting, which focused on short-term and long-term measures for Greece, took place in a cordial climate.
Tsakalotos briefed Regling on the bill that...
Economy
Greece Asks Troika To Cut VAT
With envoys from international lenders in Athens to check the country's books and the pace of reforms, the Greek government is going to ask again for permission to lower the 23 percent Value Added Tax (VAT) in restaurants.
The Troika...
Economy
Ailing Greek Banks Will Get A Bailout Too – $62.8 Billion
ATHENS – Awaiting $172 billion in a second bailout to save its economy, Greece will also get more than $62.8 billion in loans from the European Financial Stability Facility (EFSF) to recapitalize its banks, which will take $39.25 billion...