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Greek Taxpayers' Overdue Debt Grows to €77.87 Bln in May

Taxpayer overdue debt to the Greek State grew by another 1 billion euros in May for a total of 5.234 billion so far this year, official figures showed. A report by the General Secretariat of Public Revenue said that total...

Mini Tax Bill to Be Tabled in Greek Parliament on June 16

A mini tax draft bill submitted by the Greece's Finance Ministry will be tabled at the Parliament plenum for approval on Tuesday, June 16, in a fast track procedure, a move that was widely criticized by the opposition. Apart from the...

Varoufakis Outlines Plan for Greece's Return to Market Borrowing

Greek Finance Minister Yanis Varoufakis outlined a plan that he said will allow Greece to return to market borrowing, in an interview to Greek newspaper "Avghi." Among others, the plan called for the issue of a low-interest, 30-year loan...

Greek FinMin Varoufakis: There Will Only Be One Good Agreement

There will only be one good agreement...this negotiation has dragged on enough...it will include the pension system, labor market and the public debt," Greek Finance Minister Yanis Varoufakis said on Friday. In a radio interview, Varoufakis said there was convergence in...

Greek Auto Market Reacts Positively to Car Taxation Plans

Greek auto market officials reacted positively to a Finance Ministry plan to change car taxation, however, officials said the market should wait for the Ministry's final proposals to judge the result. Market officials said a plan to link car taxation to the...

Greece and Brussels Group to Resume Negotiations on Tuesday

Talks between the Greek government and the Brussels Group - the three institutions representing Greece's creditors - are to continue next Tuesday, it was announced. The technical talks were concluded in Brussels on Saturday night and will continue after Tuesday...

Greek Alternate FinMin: Gov't to Release New Real Estate Value List by End of June

The new state-set prices for real estate (known as "objective value") are expected to be ready by end-June, Greek Alternate Finance Minister Nadia Valavani told a special permanent committee in Parliament reviewing state contracts, in a document. Valavani was responding...

Greek Gov't Tables Amendment Extending 'Write-off' of Tax Fines Until May 27

An amendment tabled in Parliament by Greek Alternate Finance Minister Nadia Valavani on Tuesday extends until May 27 the closing date of a measure allowing tax-payers settling any portion of overdue tax debts to "write off" an equivalent amount...

Greek FinMin Varoufakis: The Wealthy will Pay an Extraordinary Tax, if Needed

In his interview to Greek TV SKAI on Saturday morning, Greek Finance Minister Yanis Varoufakis stressed that “in order to achieve balanced budgets in the Greek State, we will ask of the wealthy to pay an extraordinary tax, if necessary.” Varoufakis clarified...

Greek Authorities Unveil New Tax Control Plan

Greek authorities on Thursday unveiled a new tax control plan aimed at boosting public revenues and combating tax evasion in the country. Under the plan, presented by the General Secretariat of Public Revenue, authorities will seek to certify revenues of...