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Market Outlook: Moderation of Growth Should Come as No Surprise Says Calamos

In his global market outlook John P. Calamos, Sr., one of the most prominent financial experts worldwide, says that our economy is in the midst of an extraordinary recovery period and a moderation of economic growth and consumer optimism...

Listed Buildings in Greece in Danger of Collapse as Owners Left in Limbo

A perennial concoction of legislative omissions, bureaucratic limitations, heavy taxation, and lack of financial state support is the reason why hundreds of historical listed buildings in Greece have been falling into disrepair and decay, private owners complain. The situation has...

Can Greece Become the Florida of Europe?

The Greek government is drafting a bill that would create a favorable tax regime for foreign pensioners who decide to settle in Greece, it was revealed on Wednesday. According to the measures being drafted, Greece will provide a single tax...

Greece Still Among Eurozone States With Very High Taxes on Consumption

According to a recent study conducted by the ''Tax Foundation'' think tank, Greece is still among those Eurozone member states that impose the highest taxes on consumption. Taxes on consumption are traditionally the highest in Europe, but after ten years...

Athens Adopts Italian Model of Attracting Super-Rich to Tax Registry

The Greek government has decided to copy, and attempt to implement, Italy's model of encouraging ultra-wealthy individuals and large companies to move their tax residency to Greece, according to media reports on Monday. The final formula for the new tax...

''Apodixi Please'': Greece's Campaign to Inform Tourists About Tax Evasion

The Greek authorities launched recently the campaign dubbed ''Apodixi, Please'', meaning ''Receipt, Please'', in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion in the country. As the website...

Greece Has Third-Highest Property Taxation Rate in EU, After the UK and France

According to data released recently by the OECD and Eurostat, Greece ranks third in the European Union in terms of the taxation it imposes on its citizens' properties. The only nations taxing their citizens more than Greece are Great Britain...

Greek Government to Introduce Tax Incentives for Buying Helmets

The Greek government will introduce tax incentives to encourage motorcycle drivers to buy and use helmets, Prime Minister Kyriakos Mitsotakis stated on Thursday, during his visit to the Ministry of Infrastructure and Transport. When speaking to reporters at the Ministry,...

Greek Tax Inspectors Discover Widespread Violations for Month of June

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities and on the major Greek islands for the month of June. The AADE and other Greek...

Greece Loses Battle Over Lower Taxes for Tsipouro and Tsikoudia

The European Court rejected Greece's appeal on Thursday to set a lower excise tax for tsipouro and tsikoudia, two of the most traditional and popular Greek alcoholic beverages. Europe's top court ruled in favor of the European Commission which claimed...