Calamos Supports Greece

Ministry of Finance

Greeks Are Keen on Revenge, Especially in Financial Matters

"Our lines are currently busy. Please wait..." This is the automated message that greets you when you dial 1517, a special telephone service used to report tax evasion. In 2008, the service's first year of operation, just 4,000 Greeks dialed 1517...

Billionaires and Tax Evaders On The Rise In Greece

The number of Greeks entering billionaire-status is on the climb, a study finds, despite the growing impoverishment of the country's masses. According to an annual report published by the WEALTH- X Agency, compiled with the assistance of UBS Swiss Bank, there are currently...

First Income Tax Installment by July 31

The first income tax installment is expected to be emailed to all Greek tax payers until the end of July. According to the Finance Ministry, tax payers are obligated to print the bill for the taxes they owe through taxisnet.gr...

Revival of Old Nafplio Customs Office

The old customs office of Nafplio in southern Greece, which is characterized as a historical monument and work of art, has been granted to the Greek Ministry of Culture by the Ministry of Finance in order to house cultural events. The building that was probably designed...

Deadline for Tax Returns Running Out

There are currently 2,500,000 Greek taxpayers who are required to submit their tax returns by July 1st. Compared to last year’s taxes, an increase in taxation of self-employed and renters is expected, according to accountants, while taxes of employees and...

Greek Gov't Selling 55% Share of Saltworks Company

The Greek Ministry of Finance is interested in hiring legal and financial advisers for the sale of their 55.19% share of the Greek Saltworks company. The task of the legal advisers is to examine whether the Greek State can proceed...

New Measures on Capital Repatriation to Boost Investments

The Greek government is ready to submit its plans for capital repatriation to the European Commission's Task Force for Greece. The plan refers to assets derived from undeclared incomes held in banks abroad, which will have the legal right...

Three Million Vehicles in Greece Uninspected

It is estimated that some two million cars and one million motorbikes in Greece have not had an annual check-up, while 300,000 vehicles are uninsured. Meanwhile, as many as 500,000 fewer vehicles have been taxed than last year, costing the Greek state around 400 million euros in lost revenue.  According...

1.85 Million Greeks Living as Guests

A striking fact was revealed after the processing of last year’s tax returns in Greece. During the process of determining the beneficiaries of social dividend it was found that 1.85 million Greek taxpayers are living as guests. Out of the...

Lottery Scratch-Cards Set to Return to Greek Market

After an eleven-year absence, lottery scratch-cards are set to return in Greece. According to Greece’s Ministry of Finance, an agreement was reached with the Hellenic State Lotteries and the scratch-cards will be on sale from May 1. The first lottery scratch-cards came on...