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Web Service with Tax Data Launched

web-service-with-tax-data-launchedThe Finance ministry has announced the launching of a new web service, “Basic Taxpayers’ Data,” which provides details of companies’ and organizations’ tax status.The...
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Employers Complain of Ministry Procrastination

employers-complain-of-ministry-procrastinationThe Hellenic Federation of Enterprises (SEV) has complained of procrastination on the part of the Labor ministry which effectively annuls legislation.In a memorandum to...
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Bulgaria Railways to Go Bankrupt after 10 Days on Strike - CEO

bulgaria-railways-to-go-bankrupt-after-10-days-on-strike-ceoThe Bulgarian State Railways (BDZ) can only last ten days on strike, according to Vladimir Vladimirov, Chair of the Board of Directors of BDZ Holding.In a Friday...
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EU taking Cyprus to Court of Justice over home-buying restrictions

eu-taking-cyprus-to-court-of-justice-over-home-buying-restrictionsThe European Commission has referred Cyprus to the EU Court of Justice today for non-compliance with EU Treaty rules on the free movement of capital, specifically its...
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Hellenic Petroleum Reports 9-Month Profit Rise

hellenic-petroleum-reports-9-month-profit-riseHellenic Petroleum, Greece’s main refiner, on Thursday reported a 25% rise in net 9-month profits, on improved control of expenses and an increased contribution of...
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Privatization Plans for the Public Power Corporation

privatization-plans-for-the-public-power-corporationThe most likely scenario for the partial privatization of the Public Power Corporation (PPC) sees the sale of four lignite-fired plants, together with some hydroelectric...
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Venizelos Preparing for Action on Several Fronts

venizelos-preparing-for-action-on-several-frontsThe government will urgently prepare a broad bill containing all the necessary provisions for the implementation of the measures agreed for Greece’s second, €130...
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Minister takes on Fitch Ratings, doomsayers on Turkish economy

minister-takes-on-fitch-ratings-doomsayers-on-turkish-economyEconomy Minister Zafer Çağlayan has reacted negatively to Fitch Ratings' latest evaluation of the Turkish economy and those who, he said, have failed to properly...
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Bulgaria to request doubling of maximum agricultural subsidies

bulgaria-to-request-doubling-of-maximum-agricultural-subsidiesBulgaria will join new EU member states’ request that the maximum annual subsidies for agricultural producers be doubled to € 600,000, Agriculture Minister Miroslav...
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President about Romania in 2030: Food exporter, tourism paradise

president-about-romania-in-2030-food-exporter-tourism-paradiseRomania could be a tourism paradise and provide food for exports in 2030, but it will have a smaller population – 16 million – with more elderly than today, believes...
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Budget Prospects Seen Neutral

budget-prospects-seen-neutralDeputy Finance Minister Giorgos Mourmouras said on Thursday he was “neither optimistic nor pessimistic about the implementation of the 2012 budget” but called on...
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Romanian energy complex ranks 6th among 622 largest polluters in the EU

romanian-energy-complex-ranks-6th-among-622-largest-polluters-in-the-eu  Romania is the sixth largest industrial polluter in the European Union, following Germany and Poland, which occupy the first two slots of the top recently published...
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Papandreou in Brussels, PASOK Leadership Race Simmering

papandreou-in-brussels-party-race-simmeringPASOK party leader George Papandreou, who stepped aside as prime minister to allow the formation of a coalition government earlier this month, told European Council...
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Turkey says ready to act with Arab League to stop Syria violence

turkey-says-ready-to-act-with-arab-league-to-stop-syria-violenceTurkey is ready to act in unison with the Arab League if Syria fails to show good intentions to end an eight-month-old bloody crackdown, Turkish Foreign Minister Ahmet...
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Hamas: Israeli threats won't push us from reconciliation

hamas-israeli-threats-won-t-push-us-from-reconciliationHamas leader Khaled Mashaal responded to discontent in Jerusalem surrounding a united Palestinian government with Hamas and Fatah sharing power, saying Friday that...
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Cyprus supports regulation for trans-European energy infrastructure

cyprus-supports-regulation-for-trans-european-energy-infrastructureThe draft regulation on guidelines for trans-European energy infrastructure was the fundamental topic of Thursday’s Transport, Telecommunications and Energy Council...
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Bulgaria is not ready for Schengen yet, Dutch minister says

bulgaria-is-not-ready-for-schengen-yet-dutch-minister-saysThe Netherlands will block proposals to grant Bulgaria and Romania access to the passport-free Schengen zone until the two countries persuade it that they are making...
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Mayor stages hunger strike as residents shiver

mayor-stages-hunger-strike-as-residents-shiverA Romanian mayor has begun a hunger strike to protest against cuts in heating subsidies imposed under a government austerity drive, reawakening memories of the harsh...
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