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Greek Finance Ministry

Airbnb Snubs Greek Request to Provide Rental Property Info

The Greek finance ministry's plan to tax owners who short-lease their properties to foreign visitors has stumbled on Airbnb's reported refusal to provide owner information. According to previous announcements by Greece's finance ministry, a tax would be implemented on owners...

Greece's Finance Ministry Launching 'Receipt Lottery' at End of June

The Finance Ministry will be launching a "receipt lottery" in hopes of encouraging consumers to ask for receipts and decreasing tax evasion. It is set to start in late June across Greece and the ministry has allotted 12 million...

Greece's Fin Ministry Sends Scrooge Christmas E-card Calling Out International Lenders

Reuters has reported that the press office of the Greek Finance Ministry recently sent an e-card of the stingy Ebenezer Scrooge to journalists in a not-so-veiled attempt to call out the country's international lenders who have imposed harsh austerities...

Road Tax to Remain Unchanged in 2017, Says Finance Ministry

The Greek finance ministry said it has decided to keep the road tax unchanged next year after considering the market’s need for stability and safety, according to a press announcement. According to the ministry, it was decided not to make...

Authorities Urge Greeks to Aid In the Capture of Tax Evaders

Authorities in Greece have doubled their efforts to catch tax evaders over the last year. The Greek Finance Ministry’s General Secretariat for Public Revenue has issued an official statement asking citizens to help combat tax evasion by exercising their...

Greek Courts May Rule Wage and Pensions Cuts Unconstitutional

Greek judges continue to contest the government’s attempts to cut wages and pensions, something they have been doing at least since 2012. According to a report in the Greek daily To Ethnos, a new court ruling challenging the legality of...

Government Appoints Lawyer Pitsilis as Head of Public Revenue Directorate

The Greek Finance Ministry issued an act of the cabinet, on Wednesday that named lawyer Giorgos Pitsilis as the new general secretary for public revenue. According to the press release, Pitsilis was born in the United States in 1975 and has...

Greek Budget Projects Weaker Recession in 2016 and 5.7 Bln Euros from Austerity and Reforms

The Greek Finance Ministry submitted the finalized version of the 2016 budget, which presents improved but still negative economic figures. The budget indicates that next year's recession will be milder than initially expected, with a 0.7% reduction in GDP in comparison to the...

Greek State Participation in Banks' Recapitalization to Advance According to Current Legislation

Answering questions on the recapitalization of Greek banks, a high-level official of the Ministry of Finance was quoted as saying: “As it has been said a number of times by the Ministry of Finance, the participation of Greek state...

Casino Loutraki Operations Suspended Due to Unpaid Taxes

The Finance Ministry suspended the operation of Casino Loutraki at 08:00 am on Thursday since the Casino failed to pay 2 million euros in taxes. The management of the Casino referred to a "ritualistic" act adding that they cannot bear...