Greece

The Greek state budget recorded a primary surplus of 4.479 billion euros in the January-September period over budget targets, for a surplus of €1.467 billion, the country's Finance Ministry announced on Tuesday. There was a primary surplus of 2.523 billion euros...

Greece's Prime Minister Kyriakos Mitsotakis announced on Saturday evening that Greek expatriates will obtain the right to vote in Greece's elections using absentee ballots, during the official inauguration of the 84th Thessaloniki International Fair (TIF). PM Mitsotakis presented what he...

Greece's new Prime Minister Kyriakos Mitsotakis on Saturday announced immediate tax cuts on single properties and businesses, wage increases and a vote to Diaspora Greeks, among other promises. "The July 7 elections ended the cycle of crisis," Mitsotakis said before...

The Greek government's economic team is examining a package of tax relief measures, following the nation earning a record 4.4 percent primary surplus for the year 2018. According to data released on Tuesday by the country's Statistical Authority (ELSTAT), in...

The Greek government announced Wednesday that the Uniform Real Estate Ownership Tax (ENFIA) will be significantly reduced for over 5.1 million property owners. In addition, the state will distribute a one-time payment to more than 1.3 million people as...

Prime Minister Alexis Tsipras on Saturday announced that his administration is planning to stop tax cuts, offer more social dividends and raise the minimum wage in post-bailout Greece. The Greek prime minister spoke during the opening of the annual Thessaloniki...

The reduction of corporation tax from 29 percent to 20 percent and the implementation of needed reforms will be priorities for New Democracy chief Kyriakos Mitsotakis if he comes to power. Greece's main opposition leader spoke to Bloomberg TV during a...

A new Greek parliament article exempts politicians from the special tax called "solidarity contribution," amounting up to 2,000 euros per year, an Eleftheros Typos newspaper report says. According to the report, the article 43A of the Income Tax Code...

The Greek debt is unsustainable in the long-term and further fiscal measures are needed, despite progress and sacrifices made, the International Monetary Fund said on Monday. According to the statement issued after the IMF board meeting, Greece needs to make...

After showing a primary surplus, the Greek government is planning to implement tax cuts in 2015, but only if tax collections near 100 percent and tax evaders are reined in. Greeks have been reeling under big pay cuts, tax hikes...

With his New Democracy Conservatives putting taxpayer-funded ads into the media with critical elections looming for the European Parliament and Greek municipalities this month, Prime Minister Antonis Samaras told private Antenna television in an interview that he won't seek...

ATHENS – Greek Finance Minister Yiannis Stournaras said the country’s coalition government will try to persuade international lenders to allow a reduction in some taxes, particularly the 23 percent Value Added Tax (VAT) that is killing restaurants and taverns...

At the age of 15 you are not allowed to drink alcohol, to work, to drive a car, to vote, to marry, to join the army and so on. In Greece, and most countries in the world, a 15-year...

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program, which also paves the way for talks on debt easing. According to sources close to the...

Greece is to lower the tax-free threshold for low incomes in order to close the evaluation of the bailout program, a Kathimerini report says. The proposal for lowering the tax-free threshold to incomes of 6,000 euros per year and above...