Tax evasion in Greece rises prior to elections

Note: This section contains information in English only.
Source: Bloomberg

Greece's continued issues with tax evasion have become more severe as the election campaign season has been extended. According to the Finance Ministry, Greece failed to reach its target tax collection by EUR 495 million (USD 615 million) during the initial 4 months of the current year. According to Holger Schmieding, Berenberg Bank's chief economist, the EC-ECB-IMF troika most certainly will recognize that Greece missed its financial goal in both months of May as well as June. The economist also added that in case if after the election Greece's new government attempts to be cooperative, the troika may improve conditions of Greece's programme.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.