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22ndannualcapital

IMF warns that recession devastates the poorest

In a report entitled “Fiscal Policy and Income Inequality”, the IMF warns of the dangers income deficiency causes in world economic growth and the political instabilities it creates. The report mentions that, particularly in the US, inequality levels are worse than the ones during the Great Depression of 1929.

  • Published in Greece

Recession receding

According to the Greek Statistical Authority (ELSTAT), the recession in 2013 is running with a rate of 3.7%.

  • Published in Greece

Trouble for Greek casinos

There's a side effect of the economic crisis that no one would have thought of. Casinos from all over the country are in danger of losing their licenses due to huge debts in taxes.

  • Published in Greece
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