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taxation

Excise Tax on Wine Makes Greek Gov't Dizzy, SYRIZA MP Resigns

The excise tax on wine that the Greek government has tabled in parliament caused reactions inside the SYRIZA-ANEL coalition putting the fragile majority at risk, as a ruling party MP resigns. SYRIZA MP and former government spokesperson Gavriil Sakellaridis resigned...

Protesting Farmers Try to Enter Greek Parliament Building, Police Use Tear Gas

The protest rally that started at 11am on Wednesday at Syntagma square culminated with protesters trying to enter the parliament courtyard and the police pushing them out. Over 5,000 farmers, livestock breeders, fishermen and food producers gathered at least one...

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...

Greek Govt Rushes to Find New Taxes to Fulfill Bailout Requirements

The SYRIZA-ANEL coalition government is rushing to find new taxes to present at Monday's Eurogroup in order to receive the 2-billion-euro subtranche of the bailout program. The new taxes that will be proposed are to replace the 23 percent value...

More than 85% of Greek Farmers Reported 5,000 Euros of Income in 2014

Nine out of 10 farmers declared an annual income of up to 5,000 euros in 2014, while only 5% of taxpayers with farm income declared an annual income of more than 12,000, the Finance ministry said in report. The...

Greek Deputy Finance Minister Receives A Bullet in His Mail

Greek Deputy Finance Minister Tryfon Alexiadis became the second Greek official to receive a bullet in the mail within four days. The bullet was enclosed in the mail that was delivered to the Greek Finance Ministry on Monday and was addressed to Alexiadis. It was accompanied...

Prior Actions to be Implemented for Bailout Review Greek Deputy Finance Minister Claims

The Greek government seeks to implement all prior actions needed to complete a progress report on the Greek economy with the institutions, paving the way for the disbursement of the next loan installment and the recapitalization of Greek banks,...

Foreigners Show Little Interest in Property-for-Permit Policy in Greece

The program that offers residence permit to non-European Union citizens who buy real estate property in Greece worth more than 250,000 euros has been met with little interest. The policy went into effect in 2013 and so far only 983...

Meimarakis: Potential Tax Increases Will be Harmful to Greek Economy and Society

If the government imposes any more taxes on Greek citizens, the results will be disastrous for the economy and society, main opposition leader Vangelis Meimarakis said, on Monday. “I keep hearing government members speak of new extraordinary taxes for employees,...

Greek Farmers Ready to Rally Protesting Tax and Security Fund Reforms

Greek farmers and stockbreeders will demonstrate massively against the new taxes imposed on them, threatening that they may even block national highways before Christmas. The PanHellenic Coordinating Committee of Farmers' Blocs convened in Larissa on Sunday and decided to start protest...