Greece

A new study commissioned by the Onassis Cardiac Surgery Center in Athens, the National School of Public Health and the universities of Patra and Macedonia has revealed that  cigarette smoking in Greece has been drastically reduced. Credit for this sea...

The Health Ministry in Greece has drafted a bill that would prohibit the usage of electronic cigarettes in public enclosed places. The bill was tabled in Parliament on Friday as the ministry has equated the electronic cigarettes as a potential...

A new electronic system will track bank deposits as far back as the last 15 years and help fight tax evasion by wealthy Greeks, Deputy Finance Minister Nadia Valavani told Sunday's "Avgi" newspaper. Valavani also said that cash registers will...

Electronic cigarettes fall under the same restrictions as cigarette smoking, Greece's  Council of State plenary has ruled, including a ban on their use in public spaces, transportation and in advertisements. Laws on conventional smoking also affect e-cigarettes, Greece's highest administrative...

Philip Morris, maker of Marlboro cigarettes, is to invest 300 million euros in its Greek unit Papastratos to make the smokeless IQOS product, Reuters says. IQOS is a device that heats real tobacco refills to produce tobacco-flavored vapor instead of...

A barrage of raises in basic goods and services accompanies the New Year, as Greek households have to pay more for fuel oil, fuel gas, telephone service, cable television, coffee and cigarettes. The new direct and indirect taxes on consumer...

The 2017 state budget was tabled in Greek Parliament on Monday, projecting a 1.8% primary surplus and 2.6 billion euros in new taxes. According to a finance ministry official who spoke on the sidelines of the government's negotiations with the...

Tax Office Statements will meet most Greeks as they return from their summer vacations. On Monday, the first single property ENFIA taxes will be posted online so that the government can yield up to 3.2 billion euros from which...

The University Mental Health Research Institute of Greece studying addictive adolescent behaviors found that apart from smoking, drinking and narcotics, Greek teens also have a habit of excessive internet use, electronic games and gambling. The finding of the recent scientific...

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...

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...

Greek Parliament debated a set of tough economic pension and tax reforms on Saturday and Sunday. The 300-strong Parliament voted for the bill with 153 in favor, 143 against. Ruling leftist SYRIZA Prime Minister Alexis Tsipras pointed to the hard work...

The hour of the Greek economy is here, Prime Minister Alexis Tsipras said in his keynote speech at the American-Hellenic Chamber of Commerce annual confence on the economy of Greece on Tuesday night. Tsipras referred to the reform plan he...

Tax evasion in Greece is estimated to be around 16 billion euros each year, according to a study by EY (formerly Ernst & Young) carried out on behalf of diaNEOsis research organization. According to the EY analysis, loss of revenue...

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...