Economy
HSBC publishes apology in British papers over tax evasion claims
HSBC published a full-page letter in British newspapers on Feb. 15 to offer its "sincerest apologies" for past practices at its Swiss private bank, which has been accused of helping clients to evade tax.
Five Greek wonders of nature among world's top 100 sustainable destinations
Five Greek wonders of nature are among the world's top 100 sustainable destinations, a list that was created by TravelMole.com, Vision on Sustainable Tourism, Totem Tourism and Green Destinations with Dr. Randy Durband, CEO of the Global Sustainable Tourism Council, as a Special Advisor.
Starving Europeans? Never again!
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EP President Schulz: Europe will help Greece fight tax evasion
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.
Merkel's associate: No extension, no solution for Greece
Michael Fuchs, Vice President of Christian Democratic party and close associate of German Chancellor Merkel said today that the Greek government has to accept an extension of the current bailout program, if a solution is to be found with regard to its debt issue.
Transport minister: Current Comarnic-Brasov motorway project must be restructured
The project of the motorway linking Comarnic to Brasov (north of the capital) will go on if the authorities manage to restructure it, namely to find a financial model to be more efficient for the Romanian budget, in the achievement of which such international financial institutions as the EIB and the EBRD should take part, Transport Minister Ioan Rus told AGERPRES on Saturday.
Minister of State: We won't break previous contracts with investors
Minister of State Alekos Flampouraris underlined on Saturday that the new government does not intend to break the contracts that have already been signed by the previous government with regard to the privatizations in the country, except in "extreme cases."
EU Court orders Greece to return 150 mln euros in illegal farm subsidies
According to an EU's Court of Justice ruling published on Friday, Greece is obliged to recover and return 150 million euros granted in aid to cereal producers and agricultural cooperatives, allocated by the government at the time in 2008.
FT presents 3 scenarios for the outcome of Greece's negotiations with its creditors
In an article entitled "Final showdown approaches for EU and Greece," Peter Spiegel, the correspondent for the Financial Times in Brussels, presents three possible scenarios with regard to the negotiations between Greece and its creditors, in view of the critical Eurogroup meeting on Monday.
Greek debt no longer a technical problem
The EU has approached the Greek debt problem as a technical one up until now. Greek governments used to share that perspective. No more. Alexis Tsipras and his Radical Coalition of the Left (Syriza) puts politics front and center. Why? Because the purely mathematical approach of debt dynamics turned out to be a disaster.
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