taxation

Greek farmers and stock breeders on Thursday blocked with their tractors the customs office of Evzonoi in northern Greece, protesting against the new fiscal measures. From 12 noon until 2 pm, 30-40 tractors had blocked incoming and outgoing traffic on...

The Greek government has been forced to make some changes in the single property tax (ENFIA) in order to prevent citizens' reactions and inner-party disagreements. One of the pre-election pledges of Alexis Tsipras and his SYRIZA party was to abolish...

The number of Greek businesses moving to Bulgaria has increased 20-30% in the last month as the new tax raises went in effect in June. The businesses are mostly located in northern Greece and they are small to medium enterprises,...

Overtaxed Greek citizens are having difficulty meeting their obligations with the Greek tax department. In May, taxation and businesses, according to data released by the General Secretariat of Public Revenue, left 1.25 billion euros worth of unpaid taxes. Overdue...

Greece is not on the agenda of today's (Monday) meeting of euro zone finance ministers, but European Commission officials warn Greece that September will be tough. The second review of Greece's bailout program will take place in September and it...

After the new tax measures and contribution hikes, Greek wage earners will see only 42.50-67 euros going to their pockets for every 100 euros they make. The remainder 33-57.50 will go to state coffers in the form of income tax,...

The summer of 2016 turns out to be another summer of discontent for Greek pensioners and wage earners who see their incomes slashed, as a new round of austerity begins after the imposition of the new bailout program measures. It...

Marinopoulos super market chain, which filed for protection from creditors on Tuesday, is the latest of the hundreds of thousands of businesses that shut down in crisis-stricken Greece. According to European Commission figures, at the end of 2015 there were...

Real estate prices in Greece will continue to drop in the next few quarters, a Bank of Greece report says. The central bank's report on monetary policy predicts that prices and demand will continue to slide, albeit at a lower...

Higher excise taxes on alcohol and tobacco are forcing consumers to turn to contraband products and subsequently lead to reduced state revenues, industry experts say. The imposition of the special consumption tax on alcohol products (EFKOP) has prompted many Greeks...