Finance Ministry
Economy
One in Three Greeks Paid Zero Tax in 2016
Nine out of ten Greeks declared incomes below 20,000 euros last year while 31.8 percent of taxpayers did not pay any taxes, according to newspaper To Vima on Sunday.
According to figures based on the 8,645,596 tax returns filed in...
Business
Finance Ministry Plans to Crack Down on Greek Businesses Slipping Through Tax Borders
Tax borders are about to become less easy to slip through for Greeks who become residents of countries with lower tax rates than Greece in order to save themselves some money.
According to sources, the Finance Ministry has proposed a...
Greece
Independent Authority for Public Revenue Seizes €124 Million From Debtors’ Bank Accounts in 2016
On Monday, Deputy Finance Minister Katerina Papanatsiou presented data to Parliament disclosing that in 2016 the Independent Authority for Public Revenue confiscated a total of 124 million euros worth of bank deposits of state debtors.
The data also showed that...
Economy
Greek Tax Office Not Ready to Implement Program for Electronic Payment Receipts
Greek tax authorities and the finance ministry are not ready yet to implement the program that would register consumer payments with debit and credit cards.
According to the finance ministry, as of January 1, 2017 goods and services purchased with...
Economy
FinMin Figures Show Primary Budget Surplus Climbed to €7.416 Billion for January-November
On Thursday the Finance Ministry released figures explaining the current standing with the primary budget surplus. According to their publishing, the first 11 months of 2016 saw a primary budget surplus climb to 7.416 billion euro.
The climb of the...
Economy
Greek Deputy FinMin Sends MoU to Pertinent Ministers Regarding 2017 Budget
Deputy Finance Minister Giorgos Chouliarakis sent to all pertinent ministries clear guidelines for the smooth implementation of the 2017 budget and a four-page MoU.
In the Memorandum of Understanding which all ministers are asked to sign, Chouliarakis asks for "loyalty"...
Greece
ND's Mitsotakis Says SYRIZA Government Is Two-Faced, Calls FinMin’s Letter to Creditors ‘Contemptible’
The opposition leader, Kyriakos Mitsotakis from the New Democracy (ND) party is accusing the SYRIZA government of being two-faced following a letter sent by Finance Minister Euclid Tsakalotos addressed to international creditors.
During an interview on Alpha radio as well...
Greece
Concerns Arise With Parliament's Amendment Allowing Rehire of Municipal Contract Workers
An amendment that was just passed in Parliament before the Christmas break might allow tens of thousands of contract workers at municipalities around Greece to be hired in with permanent contracts.
The workers were previously in constant fear of getting the...
Economy
Gov Sources Report: No Additional Commitments in Finance Minister's Letter to ESM
Almost as soon as he signed it, Greek Finance Minister Euclid Tsakalotos is reserving the right to change a guarantee he gave the country’s international lenders not to hand out bonuses without their permission.
Prime Minister and Radical Left SYRIZA...
Economy
Fin Min Gives One Last Chance to Taxpayers and Companies to Declare Hidden Income
The Finance Ministry has given individuals and firms until May 31, 2017 to come clean about incomplete tax declarations.
There is a new draft law which provides for a lower tax and fine if people with undisclosed income come forward...