Finance Archive

Greece Expects for a New Finance Zone

Greece – New finance deals will take place in between Eurozone and Greece soon, a report shared by a Greek senior official said on Friday. “We have covered four fifths of the distance, they also need to cover a fifth,” a senior Greek official said ahead of

Tax Rates for Living in Greece Reduced by the New Schemes of Government

Greece – Nadia Valavani, the deputy finance minister of Greek, stated that the newly introduced innovative tax system will certainly help the millions of Greek citizens who were moving into poverty. It’ll help to reduce the monthly tax payments to much lower prices and make the system

UK’s Absence in EU makes no sense for Many

United Kingdom – According to the European commissioner, the absence of UK in the European Union would be an unbearable loss. Cecilia Malmstrom, EU’s trade portfolio runner, told that the whole continent would have to face this worst circumstance badly. “Yes. For us and for you,” Malmstrom

Tax Scandal Story leaves a Benchmark

Financial Conduct Authority (FCA) has shared that they’re competing with HSBC and other firms to make sure of its proper working and to form a tie up at the global bank rightly after the explanation was revealed out on damaging tax on last week. The decision has

Australian Dollar faces a crucial phase for its Survival

Australia – The value of Australian dollar comes back to the 3rd February six-year low rate as the data acquired from labour market has shown the drastic growth conditions of the country. It increases the chances for yet another rate cut by Reserve Bank of Australia soon.

Bitcoin moves Steadily to get a lot more Popularity

According to the latest studies, it has passed around 1 lakh retailers who accept crypto currency bitcoin around the world. However, the rate of bitcoin is falling down from a peak value of $1,100 (£725) to today’s value of $225 since last year. World renowned companies like

Recession Strikes UK, Wages Lack For Men Than Women in all Countries

United Kingdom – A recent case study conducted by The Institute for Fiscal Studies (IFS) states that women earn three times of the salary than men earn since the recession period has started. Since 2008, women have a wage drop of 2.5%, whereas for me it is

Greek Finance Minister Yanis Varoufakis Refused To Join Together With Troika

Greece – Yanis Varoufakis, Greek Finance Minister, met with Jeroen Dijsselbloem, Eurogroup Finance Chief, for the discussion of his country’s co-operation with ECB, EU and IMF and its bailout in a press conference conducted this week. However, the Greek Finance Minister has rejected the both deals put

Australian market set to open lower

THE Australian market looks set to open lower following falls on Wall Street after a slide in durable goods orders and some disappointing earnings reports. At 0645 AEST on Wednesday, the March share price index futures contract was down 17 points at 5,474. Official US figures showed

Australian dollar drops

THE Australian dollar is slightly lower as a negative market mood puts a brake on any gains the currency is trying to make. At 0700 AEDT on Wednesday, the local dollar was trading at 79.36 US cents, down from 79.42 cents on Tuesday. Westpac senior market strategist