Public economics

"Economic growth starting in second quarter"

KOPAONIK -- The negative economic growth rate will continue in the first quarter while positive growth is expected to start in the second quarter Dusan Vujovic says.

That trend would continue through 2015, according to the finance minister.

By Prokopis Hatzinikolaou

By Prokopis Hatzinikolaou

The tax bureau will reportedly step up scrutiny of bank accounts in order to find hidden assets of wealthy depositors, an initiative that now appears as a pressing goal for the new Greek government, given its pledge towards EZ creditors to crack down on tax evasion and amid decreasing state revenues.

By Roula Salourou

The government will lay the groundwork to reform the social security system this year, according to statements made to Kathimerini by Alternate Social Security Minister Dimitris Stratoulis.

Paul Krugman, known for his pro-Greek positions, stated that he is of the opinion that no solutions were given by Friday’s Eurogroup.

His “Delphic Demarche”, which points to the Delphi oracle of ancient times explained why, in his personal blog. He writes:

OK, we have an agreement re Greece, according to which … what?

 Fearing a backlash, the government is considering a discount for taxpayers who have paid their dues

By Prokopis Hatzinikolaou

Greek shares are flat in morning trading, as investors await the details of a last-minute compromise proposal from Athens to break a deadlock with European creditors over Greeces frozen bailout program.

European Parliament President Martin Schulz said on Saturday that the European Union will help Greece recover the assets that have been taken out of the country.

More specifically, in an interview to "Parapolitika" newspaper, Schulz urged the Greek government to get to work and fight tax evasion and fraud.