Greece

The Greek government expects to collect 1.1 billion in road taxes by the end of 2015, according to a finance ministry official. The bailout agreement stipulates that Athens must collect 72 million euros via vehicle inspection centers and about 150...

High taxes in Greece deter foreign investors while the difficulty in getting bank loans forces Greek companies to relocate to neighboring countries, said President of the Athens Chamber of Commerce and Industry (ACCI) Constantinos Michalos. Speaking at a meeting of...

According to a study by the European Commission, Greece is among the countries of the euro zone with the most expensive circulation and fuel taxes. More specifically, Netherlands is placed first followed by Greece which came second. The study showed that in Greece, in...

Greeks living abroad have a tax  imposed with their 2011 tax return. Those who have a home, apartment or house, purchased or inherited in the past and that had not been rented during the year 2010, will be taxed 5%...

Renowned experts from around the world debated on the subject of the competitiveness of the Greek economy on Saturday at the Delphi Economic Forum. Deborah Wince-Smith, President and CEO of the Global Federation of Competitiveness Councils, Nicholas Logothetis the Co-Founder...

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...

A historic cosmetics company at the island of Chios, Greece has decided to close its operations and move elsewhere, citing rocketing transport costs and heavy taxation. Mastic Spa, based in Chios specializes in cosmetics products using mastic as the main...

The currency card specialist FairFX recently conducted a survey which showed that Greece ranks third on the list of the top 10 best value destinations to buy a holiday home for Britons. However, for Greek property owners, the story...

Greeks want tax cuts and less government, even if that means that they would lose some social benefits, and believe that the crisis was brought by "our own shortcomings," a new study shows. These are some of the results of...

Greek Citizen Protection Minister Nikos Toskas urged farmers not to block the cross-border roads because there will be repercussions on an economy that is trying to stand on its feet, in an interview to Saturday newspaper Agora. "They should not...

The government is ushering in the New Year with more tax hikes and pension and wage cuts for Greeks, New Democracy said in a press release on Monday, referring to the new set of consumption and special taxes which...

Greek farmer's unions decided on Saturday to block roads in January to protest the new austerity measures to be implemented as of January 1st. Union representatives and farmers from all parts of Greece met on Saturday in Larissa, central Greece,...

"We usually say we are at a turning point. I will say that this year's Thessaloniki International Fair (TIF) is held at the point of turning. Because we are exactly at that point where our economy is changing from...

The Association of Greek Tourism Enterprises (SETE) has estimated that the additional taxes imposed over the last 12 months, have reduced Greece’s competitiveness in the sector of tourism by 10%. This was revealed in the first issue of a new series...

The Council of State has ruled that Greek citizens who work and pay taxes abroad should not pay income tax in Greece. Greece's highest administrative court decision that Greeks who work abroad should be taxed abroad came after an appeal...