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Finance Ministry

Uninsured Children Will Get Vaccines

According to a Finance Ministry announcement on May 13, the Greek government is going to spend 500,000 euros ($650,000) this year to provide vaccinations for children whose families are poor and do not have health insurance. The ministry said that...

Greece Denies Report Small Islands to be Evacuated

The Greek government is denying a report that Minister of Mercantile Marine, Aegean and Island Policy, Kostis Mousouroulis told some 70 representatives of the Greek shipping industry that  envoys of the country's international lenders wanted 23 islands with fewer...

Economic Prosecutors Peponis and Mouzakitis Remain in Position Until Further Notice

Prosecutors heading the judicial task force charged with fighting tax evasion, Grigoris Peponis and Spiros Mouzakitis have been called by the supervising economic prosecutor Nikolas Pantelis at Areios Pagos earlier today. The two men submitted a memorandum to deputy prosecutor...

Finance Ministry Targets €2.3B Primary Surplus

Primary surplus of 1.1% of GDP, around €2.3 billion, and significant reduction in budget deficit are the two main objectives of the 2012 budget. This is determined by a ministerial order on the execution of the new budget plan, signed...

Owners of Funeral Services Take to Streets with "Limo" Hearses

The Association of Owners of Funeral Services have proceeded with their first strike in the city of Thessaloniki on Thursday, after the Finance Ministry decided to declare that hearse vehicles will be taxed just as any other “luxurious private...

Tax Inspectors to Strike, Protests Spread

Tax inspectors will go on strike next week to protest against planned wage and pension cuts, threatening more disruption to revenue collection efforts that are already falling behind budget targets imposed by international lenders. With much of Greece expected to...

Tax Cards Available in Banks Starting Monday

Greek tax cards, devices that electronically record transactions are going to be available in banks for customers to obtain. These card will help people count their receipts, by keeping their total expenses electronically. The main purpose of the cards is...

Protesters Try to Block Troika's Return

Scores of protesters occupied Greece's finance ministry and other ministries to disrupt a visit by officials from the country's international lenders, who are expected to arrive in Athens midday to assess Greece's eligibility to receive its next tranche of...

Treasury Bills Instead of Wages and Pensions for the Public Sector

The postponement of the 6th bailout has worsened the poor finances of the Greek public sector. Therefore, the Finance Ministry is in search of a solution to the pressing problem of paying the wages and pensions to current public...

Finance Ministry to Tax Foreign Deposits

The Finance Ministry is planning to “trap” all those who opened foreign deposit accounts exceeding the amount of 100.000 Euros within a single year since 2009. Therefore, it has demanded from banks to send in lists with names, amounts...