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Yannis Stournaras News

Greek Finance Minister sued by Golden Dawn MP over tax fiasco

Athens - Golden Dawn MP Ilias Kasidaris has filed a lawsuit against Greek Finance Minister Yannis Stournaras over the on-going saga of the emergency property tax collected on electricity bills.

Greek politicians reveal their assets

Athens - Greek parliamentarians have shared details of their income and assets, in a bid to create transparency. Details were made public via wealth declaration forms relating to 2010, published on Parliament's website.

Greece ranks as most corrupt country in EU

Greece, mired in economic crisis, has suffered another blow by falling fourteen places in this year's corruption perception index. Ranked at 94 the Mediterranean country now has the dubious distinction of the most corrupt country in the 27 nation EU.

Greek Parliament votes in new austerity measures

Shortly after midnight the Greek Parliament voted in favour of the latest austerity measures that include drastic cuts and new taxes to the tune of €13.5 billion, and comprehensive changes to the labour laws.

Sunday deadline for Greece to agree austerity measures

Athens - Greece's coalition government faces a Sunday deadline over the package of austerity measures it must agree to receive the next bailout tranche of €31.5 billion.

Missing CD listing 2,000 Greeks with Swiss deposits handed over

Former Greek Finance Minister Evangelos Venizelos handed over the missing CD containing the names of almost 2,000 Greeks with large deposits in a Swiss bank, to Prime Minister Antonis Samaras on Tuesday.

Greece: Latest austerity measures cut top rate of tax

Athens - The three coalition party leaders have reached a basic agreement on the latest round of austerity measures to present to the Troika, due back in Greece on Sunday. The measures include a reduction in the top rate of tax from 45 to 35 percent.

Greek coalition partners meet to discuss austerity measures

Athens - The three leaders of the Greek coalition government are due to meet Thursday morning in a last attempt to agree austerity measures. The coalition could be on shaky ground if an agreement is not reached to present to the Troika next week.

Greece considers scrapping €5,000 income tax-free threshold

Athens - The latest austerity measure under consideration by the Greek coalition government is to scrap the €5,000 income tax-free threshold, ensuring the burden of extra taxation hits the poorest in Greek society,

Greek coalition government bows down to Troika demands

Athens - The deadlock between party leaders in the coalition government over further proposed budget cuts has been broken, as all three leaders reached an agreement to adhere to the demands of the Troika.

Greece to announce additional €11.5 billion in austerity cuts

Athens - The Greek government is set to announce a further €11.5 billion in cuts this week, in order to placate the Troika of creditors due in Athens on July 24.

Yannis Stournaras named as new Greek Finance Minister

Athens - Speedily following the resignation of Vassilis Rapanos as Greece's new finance minister, a replacement has been appointed. Yiannis Stournaras, 55, will now take up the key cabinet position.

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