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Tax Hikes Backfire, Greece's Revenues Plummet
Despite big tax hikes as part of austerity measures demanded by international lenders, tax revenues fell precipitously in January, with the Greek Finance Ministry...
Greek Budget Revenues Exceed Targets in August
Greek budget revenues exceeded targets by 1.4 billion euros in August and by 5.6 billion euros in the January-August period, according to data released...
EU Proposes $141 Billion Taxes On Energy Firms to Tackle Soaring Prices
On Wednesday, the EU unveiled proposals to tax energy firms by up to $140 billion euros ($141 billion) to alleviate the burden of soaring...
136 Countries Make Deal for Minimum Global Corporate Tax
Over 130 countries have come together to establish a new global corporate tax agreement. The deal, which was announced on Friday, requires a 15%...
Greeks Worked 179 Days in 2021 Just to Pay Taxes
People living in Greece last year spent 179 days working in order to pay their taxes and social insurance contributions.
G7 to Impose Tax on Multinational Corporations in Historic Agreement
The G7 agreed to impose a global minimum corporate tax rate of at least 15% on multinational corporations, like Facebook, Google and Amazon.
Revenues Fall 60% for Cafes, 80% for Restaurants During First Week Of Greece's Reopening
Since reopening on May 25, following the nationwide lockdown to stop the spread of the coronavirus, restaurants and bars in Greece have reported enormous drops...
Greece to Lose At Least Half of Tourism Revenues Due to Coronavirus
The Greek tourist industry is facing an unprecedented crisis in the wake of the coronavirus pandemic and is set to lose at least fifty...
Greek Primary Surplus Continues to Exceed Targets Despite Tax Cuts
The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467...
Greek Economy Fails to Compete Due to Overtaxation
Greece is not tax competitive compared to other countries because over-taxation drives investors away, according to information gleaned from the latest International Tax Competitiveness...