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Greek Bonds

Despite Greece’s rough financial times in the past (and they’re not over yet), investing in Greek bonds over the past two years has had the highest yield out of any European bond.

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Sev General Assembly: Trust in Foreign Investment Has to be Regained

SEV - Hellenic Federation of EnterprisesThe Hellenic Federation of Enterprises (SEV) held its General Assembly on Monday 18th of May 2015 in the presence of Greek officials and significant guess speakers from abroad.

During the first part of the Assembly, a discussion with the topic «A Growth Strategy for Europe», brought together prominent representatives of European industrial organizations, such as the President of the Federation of German Industries Mr. Ulrich Grillo, the Vice President of the Spanish Confederation of Business Mr. José Vincente González, and the Director General of BusinessEurope, Mr. Markus I. Beyrer.

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How to Save Money on Your Trip to Greece

save-money-holiday-greece-questgreekislandsYou don’t have to be super rich to enjoy Greece. Even with a small budget, you can still have the time of your life.

Here are some tips on how to save money without sacrificing an amazing trip to Greece:

Car Rentals
Be sure to rent your car before you arrive in Greece. This is because rates for car rentals in Greece are all in Euro and you may end up paying premium both on the basic rate, and then on the hefty dollar conversion. For the best rates, forget the expensive automatic transmission and go manual, but only if you are comfortable with Greek drivers, mountain roads and traffic.

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Greek VAT Increase on the Cards of Negotiations

VAT could increase in GreeceThe Ministry of Finance, Yanis Varoufakis, in an attempt to appease the requests of creditors and reach an agreement, at least when it comes to tax demands, will apply a single VAT flat rate, according to the Greek news website ‘To Vima’.

According to journalists’ sources, the proposal that is currently on the table of negotiations in the Brussels Group concerns a new VAT system with three different rates and not two, as the case was up to now, where one rate is single and the remaining two will be applied to specific categories and products.

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Yanis Varoufakis and the New Deal for Greece

euro-greece-finance-new-deal-greeceRecently speaking at the Brookings Institute in Washington, new Greek finance minister Yanis Varoufakis expressed his mission to map out a forward-looking economic recovery plan for the country.
Varoufakis noted that while 3 months of negotiations between the Greek government and its European and international partners had brought a lot of convergence on the steps required for overcoming years of economic crisis and bring about sustained recovery in Greece, no deal had yet been reached.

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