Word: financees
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Maybe it's that simple to President Obama - whose Administration estimates that the two new reactors in Georgia, which will receive the federal loan guarantees, will generate nearly 800 new jobs - but many greens feel uneasy about a policy that diverts scarce federal energy funds toward a technology that still...
No one likes paying taxes, but Greeks seem to have an especially strong aversion to handing over their money to the state. Dimitris Georgakopoulos, the man in charge of taxation at the Ministry of Finance, says the attitude dates back to the 400-year-long Ottoman rule over Greece, when...
Tasked with the unenviable job of trying to create order in Greece's chaotic financial-data system is Diomidis Spinellis, a former professor at the Athens University of Economics and Business who was recently appointed secretary general of the information systems for the Ministry of Finance. He's got grand...
Athens has scrambled to calm jittery investors and skeptical European Union partners that it can clean up its mess without any assistance. In mid-January the Papandreou government, which has to raise $75 billion to close its gaping fiscal shortfall, announced an ambitious three-year austerity plan to reduce the...
According to an 80-page finance-ministry plan released on Jan. 15, that revolution will reduce spending by cutting operating expenses by 10% and freezing wages and new hiring. The plan also calls for an improved tax-collection system and the creation of an independent statistics service, which should make...