Under full capital rules, 36 EU banks would have flunked test. Data show countries applying new rules at varying speeds. Big banks under most pressure to adapt to Basel III…
You know, you live in Greece of strict austerity and surreal tax collection, when you can’t get a tax clearance even if your debt is just 0.37 euro
Austria’s finance ministers have repeatedly scolded fellow euro-area nations for not doing their “homework.” Now the Alpine nation was embarrassingly chided itself for its habit of creative accounting
As of October 28, 40% of all state structures related to Greece’s cultural heritage and the arts are to be scrapped as part of the troika-led public administration reform. This…
One of the most dire manifestations of the health crisis plaguing Greece is the inability of large sections of the population to access necessary medicines.
Mental illness is another dark aspect of the Greek financial crisis which typically goes unseen, but the drastic changes in Greeks΄ daily lives over the last years have had serious…
The debt of some euro-zone economies looks unsustainable
The bailout is a reminder of how big powers have often exercised control, writes Tony Barber
Philippe Legrain is a writer and commentator on political, financial and social issues, based in London. An LSE graduate, he has worked as an adviser to the Director-General of the……
Banks are looking at having full access to citizens’ tax information as plans are being made to allow them to draw information from the Finance Ministry’s Taxis database on tax…