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Greece

Greek Tax Authorities Raid Home of Former UBS Local Bank Boss

Greek authorities have raided the home of a former local boss of UBS investment bank as part of an extensive investigation into suspected tax evasion. Hellenic Police raided the home of Christos Sclavounis in Athens and took away computers, documents and...

Greek Tax Authorities Find 40 More Evaders from Lagarde List

Prosecutors investigating a list of 2,602 Greeks with 1.5 billion euros ($1.95 billion) in secret Swiss bank accounts have reportedly found that 90 percent of them are tax cheats. The ongoing probe by financial prosecutors, Panagiotis Athanasiou and Galinos Mpris...

Tax Authorities Menace Pavlos Melas’ House

The house where Pavlos Melas, officer of the Hellenic Army and among the first who organized and participated in the Greek Struggle for Macedonia lived his precious moments of family bliss, is threatened by a triple siege. The house located...

New Bill Enhances Tax Authorities' Role

In the effort to combat tax evasion, the Ministry of Finance is preparing a new draft for a bill that will enforce the role of tax services, by giving them greater power. The bill draft will soon be finalized to...

Authorities Suspend Business Licenses on Mykonos and Paros for Tax Evasion

Tax authorities suspended the licenses of businesses across Greece after audits showed blatant cases of tax evasion, reported the Athens News Agency. On Mykonos, authorities confiscated the license and plates of a vehicle of a business that was offering luxury...

Authorities Urge Greeks to Aid In the Capture of Tax Evaders

Authorities in Greece have doubled their efforts to catch tax evaders over the last year. The Greek Finance Ministry’s General Secretariat for Public Revenue has issued an official statement asking citizens to help combat tax evasion by exercising their...

Greek Authorities Unveil New Tax Control Plan

Greek authorities on Thursday unveiled a new tax control plan aimed at boosting public revenues and combating tax evasion in the country. Under the plan, presented by the General Secretariat of Public Revenue, authorities will seek to certify revenues of...

45-Year-Old Man Attacks Greek Tax Office Employees with Axe

In a shocking series of events, police arrested a man who barged into a tax office in Kozani, Thessaloniki on Thursday and began to viciously attack employees there with an axe. The attack occurred on Thursday during normal business hours...

Greeks Pay Same Amount of Taxes and Other Levies As Germans, Study Finds

According to a recent study published by Eurostat, Greeks and Germans pay exactly the same amount of taxes and levies to their national state coffers as a percentage of their nations' Gross Domestic Product. More specifically, 41.5% of Greek and...

Greek Primary Surplus Continues to Exceed Targets Despite Tax Cuts

The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467 billion, the country's Finance Ministry announced on Tuesday. There was a primary surplus of 2.523 billion euros...

Athens Authorities Continue Anti-Graffiti, Cleanup Campaign in City Center

On Sunday, Athens municipal authorities continued their new campaign to clean up and beautify downtown Athens -- perhaps most importantly, by removing the graffiti which has for so long been a visual blight on the Greek capital. A team of workers...

''Apodixi Please'': Greece's Campaign to Inform Tourists About Tax Evasion

The Greek authorities launched recently the campaign dubbed ''Apodixi, Please'', meaning ''Receipt, Please'', in order to inform tourists on how to ask for a receipt from business owners, in order to reduce tax evasion in the country. As the website...

Greek Government Directs Local Authorities to Enforce Ban on Smoking

Greece's Health Ministry sent detailed instructions to local authorities throughout the country on Monday regarding the strict implementation of a smoking ban in public places. The ban has been largely flouted ever since its passage by Parliament in 2008, but...

Greek Tax Inspectors Discover Widespread Violations for Month of June

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities and on the major Greek islands for the month of June. The AADE and other Greek...

Santorini Authorities Deny Accusations of Animal Mistreatment

Authorities on Greece's Santorini Island clarified in a letter sent exclusively to the Greek Reporter on Wednesday that ''no written application from a foreign organization (PETA) has been submitted to the Municipality of Thera (Santorini) in relation an ad...