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Tag Archives: foreign banks

Greece will soon accept foreign cards for tax payment

Foreigners will soon be able to pay their tax obligations in Greece with credit and debit cards issued by foreign banks, state broadcaster ERT reported on Thursday. Reason for this facilitation is that the Independent Inland Revenue Authority (AADE) is launching procedures to remove the legal and technical obstacles that …

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Hellinikon Investment: Mammoth loan from recapitalized Greek banks

A “mammoth” bank loan is still due before the Hellinikon investment project can proceed with works after it overcomes the last bureaucratic hurdles and all decisions by ministries and other public bodies give the green light. The Hellenic Development consortium consists of Lamda Development, China’s Fosun and Abu Dhabi’s Eagle …

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5,620 civil servants transferred abroad €1.5billion amid the crisis

Yeap! Our Greek civil servants earn good and apparently save even better! 5,620 government employees transferred a total of 1.45 billion euro to financial institutions abroad and thus amid the crisis. According to data released by the Ministry of Public Administration the average amount sent abroad was 270,000 euro, while …

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Oh No! Greek Politicians are not corrupted, after all!

Not only super rich and less rich Greeks but also nun deposited  their money in banks outside Greece out of fear of an economic collapse. “I don’t know if we ate the money together, but for sure we helped them ‘escape’ together” said P. Nikoloudis, Chairman of the Commission for Money Laundering …

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