Latest News from Greece
The Public Debt Management Agency is targeting more early loan repayments to the International Monetary Fund next year if the interest cost makes financial sense and the country's creditors agree, Kathimerini understands. Its loan strategy for 2020 also includes a significant reduction of treasury bills.
On the sidelines of celebrating the 30th anniversary of the fall of the Berlin Wall, the German Chancellor was in sharp private criticism of a colleague, according to the "New York Times".
Schools in Attica will remain closed Monday until 10 a.m. due to problems raised by a storm, authorities say.
Heavy rain and debris have shut down both the Athens-Corinth highway, near Elefsina, and the old road connecting the two cities. Authorities say the highway to Athens is expected to open between 9-10 am, while the section to Corinth between 12-1 pm.
Apart from the reduction of the corporate income tax from 28 to 24 percent and the halving of the tax on dividends from 10 to 5 percent, the government's draft tax bill includes a number of other incentives aimed at encouraging entrepreneurship, attracting highly skilled workers in Greece and bolstering investment activity to accelerate growth.
The Digital Economy Forum, themed: "Leading Greece to Growth," takes place at the Athenaeum InterContinental Hotel, 89-93 Syngrou, Athens. It will also incorporate the Startups d.Day 2019 event. (Info: deforum.sepe.gr)
The Hellenic Statistical Authority (ELSTAT) will publish its third-quarter data on turnover in wholesale trade and in motor trade.
Workers at the state-run Public Power Corporation will be staging a rally on Monday in Kozani, northern Greece, to protest the government's plans to shut down all of the country's lignite-powered plants starting next year.
The rally against the "sudden death" of PPC, according to unionists, will start at 5 p.m. at the main square of the town of Ptolemaida.
The Greek section of the Trans-Adriatic Pipeline (TAP) transporting natural gas from Azerbaijan to Greece, Albania, Italy and points beyond in western Europe is ready and will begin trial operations in early December.
During this so-called commissioning phase, small volumes of natural gas will go through the pipeline to ensure commercial use is safe.