Greece

Greece recorded the largest increase in taxes worldwide in the 2015-2016 period, a new Organization for Economic Co-operation and Development (OECD) report says. The report entitled "Tax Policy Reforms 2018" issued on Wednesday shows significant taxation developments in countries such...

Greek Citizen Protection Minister Nikos Toskas urged farmers not to block the cross-border roads because there will be repercussions on an economy that is trying to stand on its feet, in an interview to Saturday newspaper Agora. "They should not...

On Monday a new report by the Foundation for Economic and Industrial Research (IOBE) warned that the new tax hike to be placed on tobacco products starting January 1, 2017 will actually cause a 100 million euro annual loss in...

Bloomberg's article, titled "Greek Startups Say Tsipras' Taxes Are One More Reason to Leave," states that a new round of tax increases may be "the last straw for fledgling companies with dreams of making it big." The article interviews a...

Greek consumers will see the prices of many goods and services go up as of tomorrow, June 1st, when new excise taxes and VAT raises go into effect. The tax hikes and new levies are part of the bailout agreement...

Greek farmers are preparing to block national highways in January, when the bills on tax hikes and security fund reforms will be tabled in parliament. Farmer unions from all over Greece met on Sunday and decided to coordinate protest rallies....

Interim Economy Minister in Greece's caretaker government; Nikos Christodoulakis spoke with Ieronymos II; the Archbishop of Athens and All Greece, on Tuesday, assuring him that he had never planned or even considered imposing additional taxes on the Church. Christodoulakis said there was no...

The Greek government is ready to propose tax hikes and high pension cuts to lenders as part of reforms in order to unlock liquidity for the Greek economy. Also, labor market legislation is put on the negotiation table. So far...

Despite big tax hikes as part of austerity measures demanded by international lenders, tax revenues fell precipitously in January, with the Greek Finance Ministry reporting a 16 percent decrease from a year earlier, and a loss of 775 million...

Moving to quickly satisfy international lenders, the Greek Parliament has approved a series of unpopular tax hikes and reforms to increase government income, one of the main conditions to qualify for continued aid from the Troika of the European...

ATHENS - Greek Prime Minister Antonis Samaras and his coalition partners have agreed on little more than half of the $14.1 billion in cuts demanded by international lenders over the next three years, but agreed that there would be...

As Greeks struggle through a Christmas season shorn of much of their bonuses, the government is[...]

Creditors suggest that Greece should proceed with government spending cuts instead of raising taxes and contributions in order to save security funds. According to a new report by the European Central Bank, at this point the Greek government must proceed...

Gas and other energy prices have spiked in Greece, Europe and globally in the past two weeks. Experts have been researching whether this could lead to a new global energy crisis, like the one in the 1970s. Analysts believe gas...

Greek Prime Minister Kyriakos Mitsotakis announced on April 22 five measures to lower taxes and social security contributions for the country, effectively a reversal of tax hikes imposed by the previous government. They are aimed at individual entrepreneurs, legal entities, businesses,...