June 2015 archive

Greek Tourism VAT and Greece’s future in the Eurozone

An article in today’s Times on Greek VAT on hospitality services entiled ‘Tourists will pay the price the Greek surrender on VAT’ reports that the rate of VAT on restaurants in Greece is likely to increase from 13% to 23%, while for hotels the rate will increase from 6.5% to 23% as part of a …

Continue reading

Permanent link to this article: http://www.goldenguinea.com/greek-tourism-vat-and-greeces-future-in-the-eurozone/

Eros International – the paradox of a low risk, high yield bond

It is a sign of the times, and the remarkably benign conditions prevailing in the London securities market, that no less than 103 of the 106 corporate bonds quoted on the LSE’s Order Book for Retail Bonds (ORB) are trading above their par value. This isn’t entirely good news for a bond investor. First and …

Continue reading

Permanent link to this article: http://www.goldenguinea.com/eros-international-the-paradox-of-a-low-risk-high-yield-bond/