Greek Deputy Finance Minister : 218 offshore firms being probed
- Details
- Category: Economy
- Published on Tuesday, 21 May 2013 11:29
A total of 218 offshore companies are currently being inspected by tax authorities in Athens, according to a document submitted to Parliament on Tuesday (21.05.2013)by Deputy Finance Minister Giorgos Mavraganis in response to a question submitted by four deputies of the main leftist opposition party SYRIZA.
Read more: Greek Deputy Finance Minister : 218 offshore firms being probed
As visit to China concludes, Samaras offers incentives to invest in Greece
- Details
- Category: Economy
- Published on Sunday, 19 May 2013 09:44
Any Chinese person investing more than 250,000 euros in real estate in Greece will be given a five-year residence permit without having to fulfill any other criteria, Prime Minister Antonis Samaras told a business conference in Shanghai on 18.05.2013.
Read more: As visit to China concludes, Samaras offers incentives to invest in Greece
Montenegro to Cut Top Public Officials’ Wages
- Details
- Category: Economy
- Published on Sunday, 19 May 2013 09:10
The Montenegrin government has decided to reduce the wages earned by the heads of public enterprises and state institutions in a move aimed at cutting the country’s expenditure.
Albanian Businesses Pessimistic About Economy
- Details
- Category: Economy
- Published on Sunday, 19 May 2013 09:04
A survey published by the American Chamber of Commerce in Albania reveals that the majority of its members saw an economic downturn in 2012 and expect worse in 2013.
Greek PM in China touts country as European 'gateway'
- Details
- Category: Economy
- Published on Saturday, 18 May 2013 17:18
Greek Prime Minister Antonis Samaras on Friday touted his troubled but improving economy as an attractive entry point for Chinese investment into the European Union.
"Greece can become a real 'gateway' for investment and trade flows between China and Europe," Samaris told a Greek-Chinese business forum, according to a copy of his speech text.
Read more: Greek PM in China touts country as European 'gateway'
CEZ Files Lawsuit Against Albania
- Details
- Category: Economy
- Published on Friday, 17 May 2013 15:24
The Czech power company CEZ announced on Thursday that it has launched arbitration proceedings seeking compensation for damages incurred during its investment in an Albanian electricity company.
Athens:The 4.2-billion-euro installment is expected on 17.05.2013
- Details
- Category: Economy
- Published on Thursday, 16 May 2013 07:09
The Euro Working Group of eurozone finance ministry officials in Brussels approved on Wednesday the disbursement of a 4.2-billion-euro bailout tranche to Athens, which means that the funds will flow into Greek state coffers on Friday (17.05.2013).
Meanwhile Ratings agency Fitch Tuesday upgraded its sovereign credit rating for Greece by one notch, from CCC to B-minus. The move follows Monday's (13.05.2013) decision by euro finance ministers to release 7.5 billion euros in loans to Greece, to be paid out in May and June.
Read more: Athens:The 4.2-billion-euro installment is expected on 17.05.2013
Greek DEI’s full restructure and privatization plan
- Details
- Category: Economy
- Published on Wednesday, 15 May 2013 16:13
Ministry of Environment unveils 3-step plan for privatization of DEI after deregulation of energy market.
Read more: Greek DEI’s full restructure and privatization plan
Eurogroup approves 7.5 billion euro loans
- Details
- Category: Economy
- Published on Tuesday, 14 May 2013 13:07
Greece to collect two loan installments together - Eurogroup approves Cypriot rescue package
Tuesday, May 14, 2013
Croatia to Stay Cautious on Adopting Euro
- Details
- Category: Economy
- Published on Tuesday, 14 May 2013 12:51
Croatia's deputy prime minister said the country will keep its national currency, the kuna, and not opt for the euro until it has a sufficiently competitive economy.
Албанските банки запазват стабилност
- Details
- Category: Economy
- Published on Tuesday, 14 May 2013 07:32
Според съобщение на агенция АТА, тестът за издръжливост
Eurogroup summit set to release Greek, Cyprus loans
- Details
- Category: Economy
- Published on Monday, 13 May 2013 14:35
Finance Minister Yannis Stournaras is to meet his eurozone counterparts in Brussels today for a Eurogroup summit expected to give the green light for the release of a 4.2-billion-euro loan tranche for the first quarter, and possibly an additional 3.3-billion euro instalment for the second quarter, while officials are also expected to approve the release of the first 3-billion-euro slice of aid to Cyprus.
Read more: Eurogroup summit set to release Greek, Cyprus loans
Romania’s Shadow Economy Shrinking, Study Says
- Details
- Category: Economy
- Published on Monday, 13 May 2013 11:37
Greater use of electronic payments is responsible for part of the decrease in Romania’s shadow economy, a study by Visa says.
Serbia to Export Fiats to the US
- Details
- Category: Economy
- Published on Saturday, 11 May 2013 11:09
Fiat plant in Serbia plans to start exporting 3,000 vehicles a month to America, marking a return of Serbia-made cars to the US after a three-decade absence.
Slovenia adopts austerity action plan to avert bailout
- Details
- Category: Economy
- Published on Saturday, 11 May 2013 10:45
Slovenia's government said Thursday (09.05.2013) it was confident it could avoid a much-dreaded bailout and satisfy the EU, as it adopted an action plan including privatisations, tax increases and austerity measures.
Read more: Slovenia adopts austerity action plan to avert bailout
