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Jan.-Sept. Greek Primary Budget Surplus at €4.5 billion, Slightly Below Target

Greece's primary budget surplus of 4.5 billion euros (£4 billion) in the first nine months of the year, is slightly below target due to...

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...

Greece’s General Accounting Office Delays Payment of State Debts to Private Sector

Greece's General Accounting Office has failed to repay outstanding debts to the private sector on time, a prerequisite for the disbursement of the bailout...

Latest Greek Treasury Bills Sale Secures €1.13 Billion

The Greek government raised 1.138 billion euros (1.36 billion U.S. dollars) on Wednesday during the latest six-month treasury bills sale, the Greek Finance Ministry...

Greek Tavern Owner Fires in the Air to Scare Tax Auditors

A tavern owner in Volos, Central Greece, fired shotgun shots in the air on Thursday, in order to scare away three tax auditors who...

Greek Government Continues Contradicting Messaging Regarding Uninsured Vehicles

The state's confusing messaging on whether or not owners of uninsured vehicles will have to pay the 250 euro stamp duty became even more...

Greek Growth Forecast for 2017 Reduced to 1.8 percent by Finance Ministry

The Greek growth forecast for 2017 is depreciating greatly from what was once a 2.7 percent expected growth. Just one day after the European Commission...

Finance Ministry Mulling Ways to Stop ‘Fiddling’ of Cash Register Records

The finance ministry is currently scouting out mechanisms that will prevent aspiring tax evaders from erasing records of sales from their cash registers at...

One in Three Greeks Paid Zero Tax in 2016

Nine out of ten Greeks declared incomes below 20,000 euros last year while 31.8 percent of taxpayers did not pay any taxes, according to...

Finance Ministry Plans to Crack Down on Greek Businesses Slipping Through Tax Borders

Tax borders are about to become less easy to slip through for Greeks who become residents of countries with lower tax rates than Greece...

Independent Authority for Public Revenue Seizes €124 Million From Debtors’ Bank Accounts in 2016

On Monday, Deputy Finance Minister Katerina Papanatsiou presented data to Parliament disclosing that in 2016 the Independent Authority for Public Revenue confiscated a total...

Greek Tax Office Not Ready to Implement Program for Electronic Payment Receipts

Greek tax authorities and the finance ministry are not ready yet to implement the program that would register consumer payments with debit and credit...

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