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Recent News Headlines : Hellenikon - Greece
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EDITORIAL FOR EUROPES SAKE KEEP GREECE IN THE EUROZONE
The resounding victory for the no vote in Greece's referendum has left European leaders like Chancellor Angela Merkel of Germany with a stark and clear choice... READ MORE›
DID GREEKS FAIL TO PAY 89.5% OF TAXES?
But Richard Murphy, who has studied the size of the shadow economy in Europe, says Greece is not as bad as some of its neighbours... READ MORE›
WITH EUROPE BEHIND IT, GREECE IS BEING PUSHED INTO FURTHER PERIL
The pre-referendum terms have been made tougher, both through the quasi-automatic spending cuts and through the enforced sell-off of Greece's assets... READ MORE›
INDIA SETS RATES IN MAJOR SALES TAX REFORM
Indian businesses have been lobbying for the countrywide tax rates as the reform is expected to reduce costs, particularly for shipping goods across state borders... READ MORE›
CORRUPTION IS SO MUCH A WAY OF LIFE IN SPAIN THAT IT HAS INSPIRED A COMPUTER GAME
Accusations of political slush funds tax fraud and money laundering inspires game that has been downloaded more than 100 000 times Alistair Dawber is The Independent's Spain correspondent... READ MORE›
INTERPOL LIST NAMES THE WORLDS MOST WANTED ENVIRONMENTAL FUGITIVES
Environmental crime is No 3 or 4 in terms of profit, Interpol's Davyth Stewart, a criminal intelligence officer, told National Geographic... READ MORE›
JAPANESE PM SHINZO ABE CALLS SNAP ELECTION AND DISSOLVES PARLIAMENT
Usually a Ponzi scheme doesn't work in the private economy, but the government always has the next generation of taxpayers to rely on, he said... READ MORE›
CHINA NAMES NEW FINANCE MINISTER, SEEN MAINTAINING EXPANSIONARY POLICY
China's current fiscal deficit target is 3 percent of gross domestic product GDP, up from an actual 2.4 percent in 2015... READ MORE›
PM TSIPRAS DECLARES WAR AT HOME ON GREECE'S 'OLIGARCHS'
Pm tsipras declares war at home on greece's oligarchs... READ MORE›
YANIS VAROUFAKIS RESIGNS: HIS STATEMENT IN FULL
I shall support fully Prime Minister Tsipras, the new minister of finance, and our government... READ MORE›
NHS SET TO RECEIVE A?2BN CASH INJECTION UNDER THIS WEEKS AUTUMN STATEMENT
George Osborne is expected to point towards the growing UK economy as the reason for why the NHS is gaining a 2bn cash injection... READ MORE›
BUDGET DEFICIT BLOWS OUT TO $37.4 BILLION
The government's plan was about restraining expenditure while supporting economic growth to lift revenue, Mr Morrison said... READ MORE›
I'LL PUT AWAY BILLIONS FOR A RAINY DAY
Finance Minister Michael Noonan is planning to set aside billions from the resources available to the next government to create a 'rainy day fund'... READ MORE›
HARPER'S GST LEGACY LEAVES THE FISCAL SHIP AT THE MERCY OF THE WORLD ECONOMY
The main consequence of preserving Harper's GST legacy is to essentially leave the federal fiscal ship at the mercy of the vagaries of the world economy... READ MORE›
FORMER FINANCE CHIEF WARNS TAX HIKES ON CARDS IF WATER FEES GO
Did you pay your irish water bills? here's how you could get your money back... READ MORE›
ALEXIS TSIPRAS TELLS CREDITORS WHAT HE'S PREPARED TO DO TO STAY IN THE EURO
Greek debt crisis Alexis Tsipras tells creditors what he's prepared to do to stay in the euro... READ MORE›
WHAT DID GREECE JUST SIGN UP FOR?
Continue to seek support from the International Monetary Fund which has demanded austerity measures for Greece since its first debt package in 2010... READ MORE›
ASIAN FACTORY GROWTH STAYS WEAK, EUROPE AND U.S. SLUGGISH
Markit's final euro zone manufacturing PMI reached a 14-month high but only nudged up to 52.5 from May's 52.2... READ MORE›
G7 PROMISES AGGRESSIVE ACTION ON 'FINANCING TERRORISM'
Talks in Japan focus on terror-funding and tax evasion, but finance ministers disagree on how to boost global growth... READ MORE›
'I UNDERSTAND ECONOMICS', SAYS GERRY ADAMS
Mr Adams rejected suggestions that his party's tax policies were anti-business... READ MORE›
PANAMA PAPERS PROMPT GOVERNMENTS TO DROP 'HAMMER BLOW' ON TAX DODGERS
The recent extensive leaks from Panama show the critical importance of the fight against tax evasion, aggressive tax planning and money laundering... READ MORE›
GREEK PLEDGES REST ON HARD-TO-KEEP PROMISE OF TAX REFORMS
UNREALISTIC Greece has so far disappointed its lenders on reforming revenue collection, with annual tax evasion estimated at billions of euros... READ MORE›
GREEK BUDGET PROMISES HIGHER GROWTH, TAX CUTS
2 percent fiscal deficit for 2015 meant Monday's budget was the closest to a balanced budget presented by Athens in over three decades... READ MORE›
US BUDGET DEFICIT APPROACHES $600BN, PUBLIC DEBT TO REACH 77% OF GDP
The largest deficit America has seen is 1.4 trillion in 2009, which dropped to 485 billion in 2014... READ MORE›
OECD CUTS GLOBAL ECONOMIC OUTLOOK FOR 2016 AMID CHINA SLOWDOWN
Growth in China is now projected at 6.5 percent in 2016 and 6.2 percent in the following year as its economy faces sluggish manufacturing investment amid excess capacity... READ MORE›
GREECE TRIES TO AVOID FINANCIAL CRISES AND EXIT FROM EUROZONE WITH NEW PROPOSAL
The new proposals were only received by some European finance ministers hours before they were due in Brussels causing many to grumble ahead of the meeting... READ MORE›
TRUMPONOMICS IS SCARIER WHEN YOU ACTUALLY STUDY IT, MOODY'S SHOWS
Commenter peaceonearth Location QBYN Date and time June 22, 2016, 2 49PM Assuming Trump even knows anything about business, business and economics are two very different things... READ MORE›
SHINING A LIGHT ON EUROPE'S SHADOW ECONOMY
And this is so different all over Europe that one couldn't speak of a common popular policy to reduce the shadow economy within Europe... READ MORE›
ENDA KENNY ON CRC
Taoiseach Enda Kenny has repeated his pledge to provide affordable childcare cut income tax and hike the minimum wage in the upcoming Budget... READ MORE›
GREEK FINANCE MINISTER VAROUFAKIS RESIGNS FOLLOWING REFERENDUM, SAYS WILL 'WEAR LOATHING WITH PRIDE'
Greece's Finance Minister Yanis Varoufakis on Monday said he was resigning, in a shock announcement despite the government having secured a resounding vict... READ MORE›