Tuesday

27th Jun 2017

Ticker

Greeks paid €1bn more in taxes in June

In June, Greeks paid €3.59 billion in taxes, which is €1 billion more than in June 2015, a government report said according to Greek newspaper Kathimerini. The increase was mainly due to higher VAT prices and a hike in income tax. However, the newspaper reported that revenue from tax evasion fines remained low. Higher taxes were a prerequisite for Greece from its international lenders.

Focus

China's 16+1 foray into Central and Eastern Europe

Half a decade after it was launched, the network of cooperation between China and 16 Central and Eastern European countries has brought uneven economical and political fruits so far.

News in Brief

  1. French court orders water for Calais migrants
  2. Romania names new PM
  3. Merkel opens up to gay marriage
  4. Seasoned finance minister takes over Dutch coalition talks
  5. British PM closes government deal with Northern Irish party
  6. Merkel on collision course with US at G20 summit
  7. Schulz outlines German election strategy, hits out at Merkel
  8. Berlusconi's party sees comeback in Italian local votes

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  5. New initiative could trump the Visegrad Group
  6. China's 16+1 foray into Central and Eastern Europe
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