banks

For the first time in Greece, small businesses and new entrepreneurs will now be able to take out “micro loans” of up to 25,000 euros from the European Investment Centers. The announcement was made by TREK Consulting SA, who clarified that the loans will come with a far lower interest rate than the current lowest […]

The Greek and Swiss Ministers of Finances Yannis Stournaras and Eveline Widmer-Schlumpf met in Athens yesterday to discuss the possibility of taxing the Swiss bank accounts of Greek citizens. Based on comments by Mr. Stournaras though, the propose taxation is highly unlikely, while the Swiss official refused to satisfy the Greek demands. Mr. Stournaras requested […]

The Minister of Finances Yannis Stournaras is scheduled to meet his Swiss counterpart (and current Ecofin president) Eveline Widmer-Schlumpf at noon today in Athens, in order to discuss the taxation of Greek accounts in Swiss banks. Today’s meeting was scheduled after the Greek deputy Finance Minister Giorgos Mavraganis met with his Swiss counterpart Jacques De […]

In his testimony to Swiss judicial authorities who are visiting Greece to investigate the transfer of millions of euros worth of bribes via Swiss banks, Nikos Zigras demanded that the bribes return to Greece. Mr. Zigras, who was convicted in October for his role in the Akis Tsohatzopoulos scandal, accused the Swiss state of “building […]