Calamos Supports Greece

taxes

One in Two Greeks Owes Money to the State to a Total of €86.3 Billion

One in two Greeks owes money to the state totaling 86.298 million euros in taxes, security fund contributions and penalties, according to the General Secretariat for Public Revenue. Figures show that 84.9% of debtors -- or 3.6 million citizens --...

Higher Taxes Loom on the Horizon as Greek Government Seeks New Revenues

What if all economic analyses point to devastating effects that high tax rates have on the Greek economy? In bankrupt Greece, raising ever higher taxes on all types of economic activity seems to be the only way Greek authorities...

Tobacco Smuggling: Smoking the Taxes Away

More than 33 million packs of illicit cigarettes have been confiscated in the Greek and Cypriot customs at the end of January by the European Anti-Fraud Office (OLAF) and the General Secretariat against corruption (AFCOS Greece). The two organizations...

Greek Households Lost 12.6 Bln Euros Since 2009

Greek households have recorded losses of another 1.4 billion euros from their disposable income during the year's second quarter, mainly due to raised taxes. Compared with the first quarter of 2014, income and wealth taxes increased by 984 million...

Greek Primary Surplus Rises to 2.5 Billion Euros

The Greek Finance Ministry said on Tuesday that during the first nine months of the year (January–September) the primary budget surplus is 2.532 billion euros, sharply up from the budget target for a surplus of 1.551 billion, but slightly down...

Greeks' Voluntary Tax Incorporated into Law

In July 2013, following discussions with the Greek government, the union of Greek shipowners agreed to "voluntarily" increase their tax contributions. On Tuesday, September 30, following the formal submission of the amendment, the Greek shipowners’ voluntary tax contribution to Greece ’s treasury...

Greek Man Dies While Waiting in Line to Pay ENFIA Tax

A 70–year-old man in Thessaloniki, northern Greece died while waiting in line to pay his ENFIA tax. The man, who initially fainted before completely collapsing, passed away shortly after being transferred to the nearby Papanikolaou hospital. The man was waiting in...

Greeks Are Willing to Take Up Undeclared Jobs or Even Migrate For Work

The problems created by the five-year economic crisis in Greek society are evident. A survey conducted by Kapa Research and published at "To Vima” newspaper reveals a lot. One of the survey's main conclusions is that Greeks are willing to...

Unified Property Tax To Be Paid in 6 Installments

The unified property tax known as ENFIA will be paid in six installments. The decision was made at a broad meeting chaired by Greek Prime Minister Antonis Samaras with the participation of Government Vice-President Evangelos Venizelos, Finance Minister Gikas Hardouvelis and Alternate Finance...

Troika Delegation in Athens Today

The delegation of Greece 's international lenders, the so-called Troika, is expected to meet with Finance Minister, Gikas Hardouvelis today and with Labor Minister Yiannis Vroutsis tomorrow. Hardouvelis announced on Wednesday that the extraordinary and harsh measures taken over the...