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Archive - Mar 25, 2015

Varoufakis explains the causes of Greece’s budget explosion

25 March 2015 / 18:03:15  
A detailed message published by the Ministry of Finance presents the final data on budget implementation in February 2015, establishing deficits in all items.

Greece marked its national holiday with a military parade and folk ring dances

25 March 2015 / 16:03:46  
Despite the three days of mourning announced in Europe on occasion of the tragic air accident in France, the Greek flag was not lowered to half mast during the parade. The tragedy was also completely absent from the statements of President Prokopis Pavlopoulos, Prime Minister Alexis Tsipras and the other officials of the Greek state.

Islands react sharply to rumours about VAT increase

25 March 2015 / 12:03:14  
The reactions were provoked by statements of Deputy Minister of Finance Nadia Valavani who said that "nothing wrong will happen to Mykonos and Santorini if they switch to the VAT regime like the one in Crete."

The European Central Bank warns Greek banks not to buy government bonds

25 March 2015 / 11:03:24  
Greek banks must not hold bonds that exceed the amount of 3.5 billion euro and the Greek state must not issue bonds of over 15 billion euro per month.