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Daily Archives: April 9, 2013

Greece’s Legal Council to examine report on €162 bn WWII reparations from Germany

Foreign Minister Dimitris Avramopoulos handed over to Greek State Legal Council the report published on Sunday by newspaper To Vima. The report suggested that Germany owes Greece 162 billion euro in World War II reparations. The president of the Greek State’s Legal Council, Fokinas Georgakopoulos will be examining the report, …

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Deflation shows up in Greece: Inflation at -0.2% in March 2013

Greece’s consumer inflation dropped. According to Greek Statistics authority ELSTAT, it eased to an annual -0.2 percent pace in March from 0.1 percent in the previous month. Herewith , it reached the lowest level after 46 years, since May 1968 when inflation hit -3 percent. Inflation eased in March 2013 …

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Greek central government revenues down 25% in March

March central government net revenues declined by 25% yoy* partly as a result of the payment of previous months΄ tax refunds. VAT revenues reportedly declined by 15% yoy. In the period Jan-March, net revenues reportedly declined by 12% yoy. In the 3 month period, the revenue shortfall versus budget is …

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ICIJ: Explaining the offshore system (animated video)

Banks, politicians, drug cartels and arm dealers: they all use the system of parking money to offshore tax heavens. A system that cost tax payers huge amount of money. The International Consortium of Investigative Journalists (ICIJ) a global network of 160 reporters in more than 60 countries shook the world …

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