Greece
Economy
Greek Taxpayers Fail to Pay €2 Bln Due in July
Greek taxpayers failed to pay 2 billion euros in income tax that was due in July alone, according to the Independent Authority for Public Revenue (AADE).
July was the month when the first installment of income tax was due. The...
Economy
One in Four Greek Taxpayers Unable to Meet Their Tax Obligations
One in four Greek taxpayers were unable to pay the first installment of their income tax, mainly as a result of the dramatic drop in their income as a consequence of over-taxation. Data from the Greek Ministry of Finance...
Economy
Greek Taxpayers Face New Levy Rules
Out of sheer desperation for cash, but also as a display of its determination to go after tax debtors, the Greek Finance Ministry is preparing to levy bank accounts, wages and pensions, even for those who owe small amounts...
Economy
Greek Taxpayers Owe the Greek State 82 Billion Euros
Greeks owe their own state 82.3 billion euros according to data provided General Secretariat of Public Revenue, Greek media report.
According to the new figures provided by the Greek Finance Ministry, overdue payments to the Greek state increased by 832 million euros...
Economy
Greek Taxpayers' Overdue Debt Grows to €77.87 Bln in May
Taxpayer overdue debt to the Greek State grew by another 1 billion euros in May for a total of 5.234 billion so far this year, official figures showed.
A report by the General Secretariat of Public Revenue said that total...
Economy
Greek Taxpayers to be Fined for Payment Delays
In January more than 2.5 million Greek taxpayers couldn’t afford to pay their taxes, adding nearly 1 billion euros to the ever-rising arrears.
The General Secretariat of Public Revenues reported that 962 million euros of overdue debt obligations to the State...
Economy
2.6 Million Greek Taxpayers Fail to Pay Taxes
There are 2,653,032 Greek taxpayers who are drowning in tax debts as they cannot afford to pay the increase in taxes. As a result, the amount of the overdue debt obligations from January 1, 2013 to January 31, 2014...
Greece
Mandatory Email Service for Greek Taxpayers
Greek taxpayers will be required to submit a valid email address to the Greek tax authorities by this May, when the Greek Ministry of Finance will launch a new e-service for citizens.
The Ministry will use the new service to...
Economy
Greek Taxpayers Pay for Crisis
Analysts from Alpha Bank, in a weekly release of financial developments, have blistered Greece’s tax services for failure to perform properly and said that people who pay taxes are unfairly bearing the brunt of the country's economic crisis.
They said...
Greece
Greek Lottery Distributes 1,000-euro Windfall to Taxpayers on Xmas Eve
Ten million euros will be distributed on Christmas Eve to 10,000 lucky taxpayers through a lottery the finance ministry is basing on purchases or payments made by taxpayers electronically or through cards.
The lottery covers receipts from January to November...
Economy
Eurogroup Chief: We Saved the Greek Banks but Overlooked Taxpayers
Outgoing Eurogroup chief Jeroen Dijsselbloem acknowledged on Thursday that Greece’s creditors put too much emphasis on saving the banks at the expense of ordinary taxpayers.
In an exchange of views on Greece in the European Parliament's Employment and Social Affairs...
Economy
Varoufakis: 'Greek Bailout Plan Is a Crime Against German Taxpayers'
Former Greek Minister Yanis Varoufakis gave one more media interview, this time to German news magazine Focus, in which he assessed his six-month tenure at the helm of Greece's Finance Ministry.
"Even if God and the angels descended on earth to take over...
Economy
Tsipras: German Taxpayers are Not Paying for Greek Pensions
German taxpayers are not paying for Greek pensions and the creditors' insistence on pension cuts is inexplicable, Greek Prime Minister Alexis Tsipras told a German newspaper.
"The insistence on exchange of arguments during negotiations is legitimate as long as there...
Greece
Seminars for Greek Tax Office Employees on Dealing with Taxpayers
Last week the Greek Finance Ministry’s General Secretariat of Information Systems launched a seminar entitled “The sea elephant and scrappy information,” geared toward all people employed in Greek tax offices who are being educated on how to deal with...
Economy
ECB, Eurozone Taxpayers Could Get 30% Greek Haircut
ATHENS – After stiffing private investors for 74 percent losses earlier this year on their holdings in Greek bonds, Greece may also give a so-called “haircut” of 30 percent losses to the European Central Bank (ECB) and the 16...