Economy
Valavani offers debt penalty write-off
Conflicting statements by ministers over property taxation, objective values, tax-free threshold for incomes
By Prokopis Hatzinikolaou
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Varoufakis: Greece reliving the Great Depression
Never one to eschew the dramatic, FinMin Yanis Varoufakis likened the current situation in (still) recession-plagued Greece with the Great Depression of the 1930s.
In his speech at the Greek-French Chamber, as long as a political solution is delayed, the recession will wear down the common currency and turn the peoples of Europe against each other.
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Ex-SDOE chief Diotis says he received altered Lagarde list
The former head of the Financial Crime Squad (SDOE), Yiannis Diotis, on Wednesday denied any wrongdoing in the handling of the Lagarde list and insisted that the memory stick he was given containing the names of Greeks with deposits in Switzerland had been tampered with before he got his hands on it.
Turkey aims to make 4G tender, inviting new firm
Turkey expects to complete a tender for fourth-generation (4G) mobile data services in May and be able to offer the service to consumers by the end of this year, Transport and Communications Minister Lütfi Elvan said on March 4.
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Serbia registers unusually high RSD 16.6 billion surplus
BELGRADE - Serbia registered an unusually high general state surplus of RSD 16.6 billion in January, and the Fiscal Council says that the achieved result is in line with the planned fiscal framework for this year.
Bulgaria's Cash Credit in Mobile Microfinance Deal with Unit of Philippines' Leading Telecom
Bulgaria's Cash Credit has joined forces with Philippines-based Voyager Innovation to offer mobile-based microfinance services in the Asian country.
Armani blames Madonna for BRIT Awards fall
After her fall during the BRIT Awards, which became an internet sensation, Madonna was seen in Paris wearing sports shoes, obviously avoiding the risk of high heels and yet another viral sensation.
Armani, however, who designed the -now infamous- cape, blamed Madonna for the mishap.
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Turkish Central Bank puts blame for high inflation on food prices
The improvement in Turkey's core inflation continued in February, with the slight rise largely due to food prices, the Central Bank announced on March 4.
In a statement after data on March 3 showed consumer prices in February rose by 0.71 percent, slightly lower than expected, the Bank stated that non-food annual inflation continued to fall.
Juncker Urges Montenegro to Settle Aluminium Case
The President of the European Commission, Jean-Claude Juncker, on Tuesday warned Montenegro that it risks bankruptcy if it loses an arbitration case with the Central European Aluminium Company, CEAC, which is seeking almost a billion euro in compensation for its alleged losses in the country.
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Bulgarian Deputy PM Kalfin Vows Support for Business Collaboration with Russia
During a Moscow visit Wednesday, Deputy PM and Social Policies Minister Ivaylo Kalfin discussed opportunities for improvement of trade and economic relations with Russia.