Finance Ministry
Economy
Greek Finance Ministry Attempts to Tackle Tax Evasion
The Greek Ministry of Finance has finally come to a decision about citizens who hide their income sources from tax authorities. It was announced on Thursday, that the new measures approved by the Ministry includes stricter and more expansive...
Economy
Deutsche Telekom to Increase Stake in OTE
Germany's major telecommunications company, Deutsche Telekom, is about to increase its existing 40% stake in OTE, buying a further 10% from the Greek government.
As reported by the Greek media, Greece and Deutsche Telecom have reached an agreement. However, the Greek...
Greece
Greek Shipowners Consider New Tax Unconstitutional
The Finance Ministry tax initiative that tripled the capacity tax on all vessels in Greece has caused the intense reaction of the Greek Shipowners Union. The president of the union, Theodoros Veniamis, described the three-year tax that applies to all ships...
Economy
Las Vegas Sands Considering Casino in Athens Greece
World's largest casino operator, Las Vegas Sands, is examining the option of operating a casino in Athens, Greece. The company is considering this option after rejecting plans for the creation of a 30-billion-euros mega-resort in Spain.
The head of the Las...
Economy
Long Lines For Final Installments and Road Tax
Thousands of Greek citizens gathered early on Monday morning at the tax departments and banks throughout the country in order to give back car and motorcycle license plates and take care of pending tax obligations before the end of...
Economy
Real Estate Tax Bill Submitted to Parliament
After many debates and continuing revisions, the Finance Ministry has finally submitted the real estate tax bill to Parliament, which is expected to generate 2.63 billion euros of revenue in 2014. The new tax, which replaces a number of...
Economy
Greece Announces Primary Surplus of 2.7 Billion euros
According to data presented by the Ministry of Finance, on Thursday, the Greek primary budget surplus is amounting to 2.67 billion euros ($3.68 billion) for the first 11 months of the year, remaining on track to meet annual fiscal targets.
As...
Crime
Tax Office Thoroughly Examines 1,600 Wealthy People
Financial and Economic Crime Unit (SDOE) received a list from Commissioner Horst Reichenbach, including well-known business executives and government organizations which will be examined thoroughly.
A special decentralized tax audit service (KEFOMEP) intends to impose massive fines on wealthy taxpayers...
Economy
New Democracy Against Stournaras' Decision on New Taxes
The Greek Finance Minister Ioannis Stournaras created a new taxation about land parcels and plots.
On the one hand, citizens are talking about an unconstitutional law and confiscation of their properties. They consider this taxation exhausting especially for large families,...
Economy
Tax Offices on Islands Close
As the Finance Ministry announced, from June 17, six tax offices on Greek islands will close, while 14 more will merge with other more central tax offices by September 1.
The decision is in accordance with the Memorandum to have...