News In English

Greece is making “massive progress” in improving tax compliance, collecting revenue and modernizing the administration, Pascal Saint-Amans, the Director of the Center for Tax Policy and Administration at the OECD, told the Athens-Macedonian News Agency on Friday. Saint-Amans, who was in Greece to meet with Secretary General for Public Revenue Giorgos Pitsilis, said the government … Περισσότερα

Defence Minister Panos Kammenos, who is paying a visit to Romania, met on Friday with his Romanian counterpart Mihai Fifor in Bucarest.  After the meeting, Kammenos stated: “We are working for peace based on a request of all the countries of the region to show respect for the International Law, the Alliance and whatever signed … Περισσότερα

Greek exports jumped 18.5 pct in January this year compared with the same month in 2017, helping to reduce the country?s trade deficit by 14.8 pct in the month, Hellenic Statistical Authority said on Friday. The statistics service, in a monthly report, said that the value of import-arrivals totaled 4.521 billion euros in January, from … Περισσότερα

Prime Minister Alexis Tsipras hailed 2018 as a “critical year when we finish with support programmes and close surveillance and move on to the next day for the country: a day of productivity, creativity, sustainable and equitable growth and economic democracy,” while speaking on Thursday at an event organised by the Hellenic Confederation of Professionals, … Περισσότερα

The European Commission decided on Thursday to send letters of formal notice to Cyprus, Greece and Malta for not levying the correct amount of Value-Added Tax (VAT) on the provision of yachts. In detail, the infringement procedures launched today concern: A reduced VAT base for the lease of yachts – a general VAT scheme provided … Περισσότερα

The United States recognises the right of Cyprus to develop the resources in its Exclusive Economic Zone, a State Department official said on Wednesday. Asked to comment on the new threats of Turkish Prime Minister Binali Yildirim regarding the arrival of ExxonMobil’s vessel in the Mediterranean, he said: “The US policy on Cyprus’ EEZ is … Περισσότερα

Washington officials routinely call Turkey a vital ally, yet Turkish president Recep Tayyip Erdoğan and his government have threatened U.S. forces cooperating with Kurdish militias in northern Syria. After American military spokesmen warned that U.S. troops would defend themselves, Erdoğan promised the famed “Ottoman slap.” Alas, doing so probably would increase his popularity with Turkey’s … Περισσότερα