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Fin Ministry Bill Gives Tax Breaks to Greeks Making Payments With Credit and Debit Cards

Taxpayers who use their credit and debit cards to make payments will be eligible to claim a tax-free threshold in 2017, according to a new bill drafted by the Finance Ministry and tabled in Parliament Monday night. This means that...

House to Vote on Sacrificing Parkland for New AEK Stadium

A new piece of legislation tabled in Parliament on Friday would sacrifice a section of a major park located in the Athens suburb of Nea Filadelfia for AEK to build a new soccer stadium. The draft law proposes that AEK will be allowed to use 6,000...

Greece's Labor Ministry to Modernize Union Law

Greece’s Labor Ministry is set to modernize the legislative framework on trade unions after 32 years, according to the Greek newspaper To Ethnos, which says radical changes are to effect union financing and strike-announcement procedures. The changes will also seek to address the disintegration of Greece’s trade unions, by...

Farmer’s Markets Employees on Indefinite Strike

Greek farmer’s markets employees launched an indefinite strike as of April 28, protesting against a bill on farmer’s markets and outdoor commerce. According to the farmers of Central and Western Macedonia, Thessaly and Thrace, the new bill recently presented in...

Papandreou: PASOK Should Quit Coalition Government

Just a few days after voting against Greece's omnibus reform bill, former Greek prime minister and PASOK leader George Papandreou has further distanced himself from the government by urging PASOK members to exit the coalition led by conservative New Democracy under...

Papandreou Says Vote Against Omnibill Was 'Principled Stance'

Two days after voting against the article in the Greek omnibus bill addressing the new framework on the recapitalization of Greece’s banks, which caused major disagreement within government and PASOK, party leader and former prime minister George Papandreou and was interviewed by Bloomberg...

New Provisions in Omnibus Bill to Alter the Greek Market

The critical omnibus reform bill that needed to release a delayed €10.5 billion installment from Greece’s international lenders was approved by the Greek parliament in the early morning hours of Monday. The bill corrects many injustices that used to exist...

New Property Tax to be Paid in 6 Tranches

According to a draft bill that will be tabled in Parliament on Thursday, real estate owners in Greece will start paying the new Single Property in six monthly installments starting in July 2014. The payment process will be completed for...

Ministry of Finance Adjusts New Real Estate Tax Plans

The Ministry of Finances is supposed to be submitting the new bill for the unified real estate tax. Over the past year, we have heard quite a bit about numerous changes on the subject. According to the law, all real...

Ministry of Finance Proposes New Bill

According to the newly proposed law by the Greek Ministry of Finance, the revenue office will be able to accept payment of debts by the transference of property. Debts to the State have now surpassed the 60 billion euro mark. ...