There is a two-speed euro zone when it comes to budget discipline according to Thomson Reuters data - with Greece being forced into maintaining a large primary surplus at one end and France being pretty much left to its own devices at the other.
Greece will need less in emergency loans from international lenders than originally agreed in its third bailout program due to a better-than-expected budgetary development, the head of the euro zone bailout fund said in comments published on Monday.
Another week of back-and-forth between Greece and its lenders seems to have brought us no closer to an agreement between all the parties involved in the country’s bailout.
AEK forced Olympiakos’s second loss in the Super League this year, winning 1-0 in Sunday’s derby to secure little more than the bragging rights, given it remains 18 points from the top of the table.
Short-term property leases to tourists through websites such as Airbnb are becoming increasingly in Greece, as a regulation for their taxation has still not gone into force.
Internal devaluation in Greece mainly concerns salaries and not the prices of commodities, the International Monetary Fund said in a recent report, suggesting that living in this country has become much more expensive due to the decline of incomes and increases in taxes.
Four factors are threatening the new Single Social Security Entity (EFKA) this year and are expected to lead to the activation of the automatic fiscal correction mechanism before 2019.
Finance Minister Euclid Tsakalotos takes part in the Eurogroup meeting of eurozone finance ministers in Brussels.
People wearing carnival masks hurled petrol bombs at the offices of Greece’s ruling SYRIZA party in central Athens on Sunday, causing slight damage, police said.
German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Greece would have to leave the eurozone if it failed to implement economic reforms.