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Excessive Taxes and Negative Savings for Greek Households

Greece has reportedly the lowest savings rate among the 28 EU countries, as households and businesses 'bend' at the expense of wage cuts, excessive...

Greece the Only OECD Country to Raise VAT in 2016

Greece is the exception to the general trend that has prevailed in recent years among OECD member countries, to reduce the tax burden on...

KEFIM: Greeks Will Have to Work an Average of 203 Days in 2017 to...

The Dragoumis Center for Liberal Studies (KEFIM) has released data showing that Greeks will have to work an average of 203 days this year...

Greek Shipowners Extend Voluntary Deal to Pay Additional Tax in 2018

The Union of Greek Shipowners (USG) approved a proposal by its president Theodoros Veniamis on Monday, to extend an agreement with the State to...

Greeks Unable to Pay Taxes, State Debtor Numbers Continue to Rise

It is estimated that this year 3.94 million taxpayers owe the state money in tax payments amounting to some 94.7 billion euros. This means that...

Greeks Waiting Until Last Minute to File Tax Declarations

The Independent Authority for Public Revenue has reported a decline in the amount of taxpayers filing their declarations by some 300,000 in comparison to...

One in Two Greeks Unable to Pay Taxes Due

Greek taxpayers are drowning in debt as half of them are unable to meet their tax obligations, according to an Imerisia newspaper report. Higher taxes...

Confiscations for Debtors to Greek State Rise Dramatically

Tax Office confiscations for those who owe to the Greek State are increasing rapidly, as in the first two months of the year 33,933...

Greeks Must Wait for Notification From Tax Office to See if They Reached Tax-free...

The Greek government previously announced that it was going to create an application where taxpayers could keep track of their financial transactions in order...

Greeks Need 10 to 22 Documents to Sell a House

The Greek State requires an average of 10 documents -- in some cases up to 22 -- when a citizen wants to sell real...

Greek Public Revenue Service Goes After €8 Bln in Debts to State

Greece's Independent Authority for Public Revenue (AADE) is to go after taxpayers in order to collect 3.5 billion euros from old debts and 4.5...

How Rich Greeks Once Paid Taxes…Back in Ancient Times

Hard to imagine, but back in the days of the Ancient Greece, the richest of the rich competed to pay the most taxes, while...

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