Monday , October 16 2017
Home / News / Economy

Economy

Greece can also without the IMF, says FinMin Tsakalotos

Greece can proceed with the implementation of the bailout program with or without the participation of the International Monetary Fund (IMF), says Greek Finance Minister Euclid Tsakalotos. According to Greek media reports, Tsakalotos told a panel on Thursday night at the Elliott School of International Affairs at George Washington University, …

Read More »

US, Greece agree to exchange tax reports on multinationals

The US IRS announced this week on its website that the US has entered into a bilateral competent authority agreement with Greece to exchange country-by-country reports on multinationals. The agreement, signed September 27, puts into effect a 2015 deal reached by OECD and G20 nations under the base erosion profit …

Read More »

Greece’s Competition Commission fines French, US Cosmetics firms for “distorting competition”

Greece’s state competition watchdog has fined six prominent cosmetics firms, including Estee Lauder, L’Oreal and Christian Dior, some €19 million (SR83.98 million) for distorting competition. The Hellenic Competition Commission said Wednesday it had found “anti-competitive agreements between wholesalers of luxury cosmetics” aimed at fixing retail prices. According to AFP, Estee …

Read More »