VAT
Economy
Tsipras' Pretend Heroism Is for Internal Consumption Only
Greek Prime Minister Alexis Tsipras wore his Spring 2015 costume again and started acting like the leftist messiah who would change Greece and Europe. So, he started attacking the European Union institutions and the International Monetary Fund. You can...
Greece
Tsipras: We are Determined to Defend the Rights of the Greek People
The Greek government is determined to defend the rights of its people and not bow to pressure to adopt measures that perpetuate austerity, Prime Minister Alexis Tsipras told lawmakers at the 5th conference of the Party of the European...
Economy
Greek Parliamentary Majority Votes in Favor of Tsipras' Pension Bonuses, Island VAT Decrease
A parliamentary majority on Thursday voted in favor of the one-off bonuses to low-income pensioners and VAT deductions on Aegean islands, with 196 votes out of 257.
All the SYRIZA-ANEL coalition lawmakers voted in favor of the bills, something that...
Greece
SYRIZA Requests Roll Call Vote in Parliament for Tsipras' Relief Measures
The government has requested a roll call vote in parliament for the two relief measures announced by Greek Prime Minister Alexis Tsipras last Thursday, which will be added in two separate draft bills.
The measures concern a one-off benefit for...
Economy
ND Criticizes 'Erratic and Opportunistic' Government After Eurogroup Decision to Freeze Debt Relief
Main opposition party New Democracy accused the government on Wednesday of being erratic and opportunistic after the Eurogroup and the European Stability Mechanism (ESM) announced they are freezing the implementation of Greece’s recently agreed on short-term measures for debt...
Greece
PM Tsipras Hints that Greece's Creditors are 'Foolish Technocrats'
"We will not listen to foolish technocrats... Who say that what is wrong is right," Prime Minister Alexis Tsipras said, referring to recent statements made by the International Monetary Fund.
The Greek prime minister criticized the IMF while addressing the...
Greece
Tsipras Announces Extra Benefit for Low-Income Pensioners, Suspension of VAT Rise for NA Islands
Greek Prime Minister Alexis Tsipras announced on Thursday an extra benefit for low income pensioners and the suspension of an increase of the VAT on the islands of the northern Aegean while the refugee crisis continues.
Speaking in a televised...
Economy
Greek Government Submits 2017 Budget, Including Many New Taxes
The 2017 state budget was tabled in Greek Parliament on Monday, projecting a 1.8% primary surplus and 2.6 billion euros in new taxes.
According to a finance ministry official who spoke on the sidelines of the government's negotiations with the...
Economy
Tax Evasion in Greece Reaches €16 Bln Annually
Tax evasion in Greece is estimated to be around 16 billion euros each year, according to a study by EY (formerly Ernst & Young) carried out on behalf of diaNEOsis research organization.
According to the EY analysis, loss of revenue...
Greece
VAT Gap: Greece Lost 5 Bln Euros in Uncollected VAT Revenue
Research shows that the overall difference between the expected VAT revenue and the amount actually collected (the so-called 'VAT Gap') amounted to an unacceptable high yearly figure worth 5 billion euros. Overall, the EU member states lose a total...