taxation

Greek citizens are called to pay 30 billion euros in taxes until the end of 2016, says an Imerisia newspaper report. Greek taxpayers will have to pay that amount in order for the 2017 budget to be within the target...

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...

The Greek government has to impose 1.5 billion euros in taxes in order to unlock the next loan tranche and the multi-bill was tabled in parliament on Wednesday. Greek lawmakers have to read the 284-page omnibus bill in three days...

Despite the fact that the Greek government burdened the already tax-laden citizens with more taxes, a new bill opens the door to tax evasion. The bill 4337/2015 that passed last October, abolishes the separate fines for violations of not issuing or...

Greece is ranking at the top of European Union countries with the highest taxation on small and medium-sized enterprises (SMEs), according to an Organization for Economic Co-operation and Development (OECD) survey. Greece is at 29 percent, after the new tax...

A new series of taxes will be tabled soon in Greek Parliament after Sunday's vote on taxation and security fund reforms. The memorandum between Greece and creditors that goes into effect in June calls for more taxes in order to...

Negotiations between Greece and its lenders continued on Saturday with the latter suggesting deep supplementary pension cuts and higher income tax on low and high incomes. The mission chiefs of the European Commission, European Central Bank, European Stability Mechanism and...

Greek Finance Minister Euclid Tsakalotos estimates that the text of the agreement with creditors will be ready by Tuesday and it will be signed by Easter time. According to the finance ministry, the technical teams have agreed on the income...

"Their pension scheme is going right into the wall the way it is now, and they know it," said International Monetary Fund Managing Director Christine Lagarde. In an interview during the 2016 Women in the World Summit in New...

High taxes and insurance contributions drive businesses away from Greece, says the Athens Chamber of Commerce and Industry (EBEA). In a pamphlet issued by the chamber entitled "Who is driving Greek businesses away," all the factors that make Greek entrepreneurs move...