ENFIA

Greece's Alternate Finance Minister Tryfon Alexiadis left open the possibility of abolishing VAT on Greek islands that are up against the social and economic stresses caused by the mass influx of refugees, while speaking in Parliament on Friday. Alexiadis also...

The plenary session of the Council of State decided that the Greek government was obligated on May 21, 2015 to have restated objective property values. Current objective property values do not correspond to actual market value of properties, due...

Four in 10 Greeks spend twice as much as the average European Union household on housing costs, according to a Eurostat survey. More specifically, four in 10 Greeks spend more than 40 percent of their disposable income on housing costs,...

The program that offers residence permit to non-European Union citizens who buy real estate property in Greece worth more than 250,000 euros has been met with little interest. The policy went into effect in 2013 and so far only 983...

The Greek government is planning to impose a single property tax, ENFIA, on property that Greek citizens own overseas, according to Vima newspaper. The reported taxation would be introduced in 2016 and would not concern Greeks who live abroad permanently. Greek authorities would...

Greek individuals and businesses will be obligated to pay 24.7 billion euros in taxes until February 2016, 12.4 billion of which are due immediately after the September 20 elections. Taxpayers will be called to pay billions in accumulated taxes due to poor management of...

The much-anticipated bailout deal between Greece and creditors is signed and the Greek government has to implement the following reforms in order to receive the 86 billion euros the three-year program will provide: Reforms that should be voted and implemented...

We achieved the most balanced agreement taken into account the circumstances," Greek Economy Minister Giorgos Stathakis on Wednesday said in statements to Mega TV. The Minister described the measures "balanced" because as he said "lenders initially demanded direct pensions and...

Greek Finance Minister Yanis Varoufakis outlined a plan that he said will allow Greece to return to market borrowing, in an interview to Greek newspaper "Avghi." Among others, the plan called for the issue of a low-interest, 30-year loan...

Greek Labor Minister Panos Skourletis, speaking to Greek TV on Tuesday, called indirect taxes unfair, while referring to the VAT changes he said transactions that were uncontrolled until today will be checked. Regarding the Unified Property Tax (ENFIA), Skourletis quoted Prime...