Loading…
You are here:  Home  >  Finance  -  Page 2
Latest

Gucci denies it offered to pay Greece 56 mln euros for Acropolis fashion project

By   /  16/02/2017  /  Business, Culture, Finance, GR Business, GR Culture, GR Finance, Greece  /  Comments Off on Gucci denies it offered to pay Greece 56 mln euros for Acropolis fashion project

  Italian luxury fashion house Gucci denied on Wednesday reports published in Greek media and “La Repubblica” that it offered to pay Greece’s ministry of culture 56 million euros for a fashion project on the Acropolis Hill in Athens. “The published speculation regarding the supposed economic proposal, direct or indirect, is absolutely incorrect and without […]

Read More →
Latest

Farmers from Central Macedonia disappointed after meeting with gov’t officials

By   /  16/02/2017  /  Business, Finance, GR Business, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Farmers from Central Macedonia disappointed after meeting with gov’t officials

  Farmers from Central Macedonia said they were very disappointed by their meeting with government ministers on Wednesday, during which they discussed their grievances concerning the increased taxation and social security contributions imposed by the government. “We raised specific issues and they answered us as if they were talking to party members of the opposition,” […]

Read More →
Latest

Analysts expect review of Greek program to drag on

By   /  15/02/2017  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Analysts expect review of Greek program to drag on

  In recent notes to investors, financial analysts expect the Greek government and the country’s creditors to strike a deal to conclude the review of the adjustment program in the summer of 2017, as soon as the country begins to feel the pressure of deadlines for enormous debt repayments. Markets have been nervously waiting for […]

Read More →
Latest

Moscovici: There is convergence at certain points to conclude the review and move ahead

By   /  15/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Moscovici: There is convergence at certain points to conclude the review and move ahead

  Greece’s talks with its official lenders on concluding the programme review have made progress but more steps are needed, EU Commissioner for Economic and Financial Affairs, Taxation and Customs said on Wednesday upon his arrival at the Finance Ministry. “There is convergence at certain points so that we can conclude the review and move […]

Read More →
Latest

Informal Feb 20 deadline for Greek review conclusion to be missed

By   /  14/02/2017  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Informal Feb 20 deadline for Greek review conclusion to be missed

  Uncertainty over the course of Greece’s bailout negotiations is expected to continue as negotiations look set to continue beyond the end of February, possibly into March. Eurogroup chief Jeroen Dijsselbloem revealed on Tuesday that an agreement at the 20 February Eurogroup meeting to conclude the review of the Greek bailout program is not likely. […]

Read More →
Latest

Lagarde defends IMF position on Greece; economy shows signs of recovery

By   /  14/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Lagarde defends IMF position on Greece; economy shows signs of recovery

  After taking heavy criticism from Greek officials and the country’s Prime Minister last week, the International Monetary Fund insisted on Monday that it will not change its views on the Greek program. Speaking to Reuters, IMF Managing Director, Christine Lagarde, said: “We have been asked to help, but can only help at terms and […]

Read More →
Latest

EC has improved the forecasts for Romania: GDP to grow by 4.4 pc in 2017

By   /  13/02/2017  /  Finance, RO Finance, Romania  /  Comments Off on EC has improved the forecasts for Romania: GDP to grow by 4.4 pc in 2017

  Real GDP is forecast to grow by 4.4 percent in 2017 and 3.7 percent in 2018, European Commission (EC)’s Winter 2017 Economic Forecast reveals on Monday. The estimates were revised up from autumn forecast, when Community Executive estimated that the Romanian economy will register an advance by 3.9 percent in 2017 and of 3.6 […]

Read More →
Latest

Economy minister says government’s goal is permanent 5% economic growth

By   /  13/02/2017  /  Business, Croatia, Finance, HR Business, HR Finance  /  Comments Off on Economy minister says government’s goal is permanent 5% economic growth

  The government’s goal is to achieve a permanent economic growth rate of 5%, Economy, Entrepreneurship and Crafts Minister Martina Dalic said on Monday at a business lunch organised by the American Chamber of Commerce (AmCham). Speaking of the government’s measures aimed at improving the business climate, she mentioned the tax reform, the new public […]

Read More →
Latest

Athens closer to agreement with creditors; IMF heavily criticized

By   /  12/02/2017  /  Finance, GR Finance, GR Politics, Greece, Politics  /  Comments Off on Athens closer to agreement with creditors; IMF heavily criticized

  The Greek government escalated its criticism of the International Monetary Fund (IMF) over the weekend, accusing it of complicating the second review of the country’s bailout program by tabling unrealistic demands. Athens and creditors have moved significantly closer to a deal to conclude the review of the country’s program. The quartet of Greece’s creditors […]

Read More →
Latest

Greek Alternate Finance Minister warns against further delay in deal with creditors

By   /  10/02/2017  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Greek Alternate Finance Minister warns against further delay in deal with creditors

  Further delaying the agreement with Greece’s international creditors on concluding the second review of the current bailout programme would get the country in “serious trouble”, the Alternate Finance Minister George Chouliarakis told an audience at the London School of Economics on Thursday evening. “If we leave time pass until May or June uncertainty will […]

Read More →