Greece

Greece's Independent Authority for Public Revenue (AADE) is to conduct 14,500 swift raids in tourist areas where rampant tax evasion is taking place. The operation plan is codenamed "Aegean and Argosaronikos," after the island areas where it is known that many...

Greece's Independent Public Revenue Authority (AADE) has announced it is reinforcing tax inspector staff in tourist areas for the summer season to step up checks. The aim of the operation is to have merchants and service providers issue receipts for...

The number of visitors to Greek museums recorded an increase of 2.5 percent and there was a 12.3 percent rise in visits to the country's many archaeological sites in September of 2019 compared to the same period in 2018. These very encouraging figures...

Vitor Gaspar, the Head of the Fiscal Affairs Department of the International Monetary Fund (IMF) presented the Fund's Fiscal Monitor on Wednesday, just before its annual autumn summit in Washington. With regard to the IMF's projections about Greece's economy, the data presented...

AADE, the Greek Public Revenue Authority, disclosed some interesting information on Thursday about the magnitude of tax evasion and tax violations in its cities and on the major Greek islands for the month of June. The AADE and other Greek...

Officers at the customs office of Kipoi (on the border with Turkey) confiscated 1,055 ancient Greek coins from a Turkish national on Tuesday, after a search was carried out when the suspect was entering the country from Turkey. The Independent...

Over 45,000 Greek taxpayers who owe debts to the state have signed up electronically for the government's new 120-installment plan to settle their arrears, officials said on Thursday. According to the Independent Public Revenue Authority (AADE), the signups occurred within...

The latest figures published last week by Greece’s Independent Authority of Public Revenue (AADE) revealed that unpaid taxes to the Greek state now amount to the staggering sum of €104,365 billion. This massive figure highlights Greece's problem with tax evasion,...

The Greek Public Power Corporation (PPC), the largest publicly-owned utility in the country, announced on Tuesday losses amounting to 542 million euros for 2018. PPC’s turnover in 2018 amounted to 4.7 billion euros, compared to 4.9 billion euros in 2017....

Greece’s Independent Authority for Public Revenue published figures on Thursday regarding the amount of taxes Greek citizens paid in 2018. According to the data, a total of 8,907,722 Greek taxpayers paid €8.328 billion in taxes in 2018 on combined declared incomes...

Greece’s public debt reached €334.988 billion in the third quarter of 2018, an increase of €21.493 billion over that of the same quarter in 2017, the Greek National Statistical Authority (ELSTAT) said on Monday. The Greek statistical authority noted that...

As of next Monday, 4.3 million Greek taxpayers will have a 5.5 billion euro tax bill that is due and payable to the State by the year's end. This amount equals the projected growth of the entire Greek economy this past year. By...

It is official: Greece is exiting the third bailout program and Prime Minister Alexis Tsipras is calling on all citizens to celebrate the end of borrowing and applaud the country's ability to stand on its own feet after eight...

An electronic tax platform for registering short-term rentals like AirBnB will be up and running by the end of August, the governor of the Independent Authority for Public Revenue (AADE) Giorgos Pitsilis said on Friday. In comments at an Antenna...

New outstanding debts to the Greek State in June amounted to €5.192 billion, compared to €4.764 billion in May, according to the Independent Authority for Public Revenue (AADE). Out of the €5,192 billion euros, €4,164 billion are unpaid taxes. Of the...