tax

The Greek government on Wednesday unveiled a package of generous incentives -- including a haircut of debt by 50% -- aimed at boosting collection of overdue debt to the state. Greek Finance Alternate Minister Nadia Valavani, presenting the government plan...

Greece's government on Tuesday announced a primary budget surplus of 3.566 billion euros in the January-November period, up from 2.778 billion in the same period last year and a 2015 budget target of 2.875 billion euros. A Greek Finance Ministry...

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...

All kinds of troika-imposed taxes on Greek are set to become permanent after the Greek government and the troika agreed that the special property tax levied through electricity bills will continue to be levied from Greek taxpayers. The so-called “haratsi,” a scornful tag...

Cyprus, whose banks were pushed to the edge of default by their exposure to heavily devalued Greek bonds, will get a 10 billion euros ($13 billion) bailout from international lenders, but bank depositors will lose up to nearly 10...

Inspectors from Greece's international lenders who returned to Athens on March 3 to assess progress on reforms to meet fiscal targets are going to be told that the government will not begin firing of public workers as ordered because...

Tom Karas, an associate of Tony Mokbel who has allegedly used the identity of a distant Greek relative from Pylos to avoid tax, files a lawsuit against the ATO. The action marks the latest round of a tax battle worth...

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...

Greek tax legislation changes resemble pretty much Latin American soap opera episodes[...]