Calamos Supports Greece

Greek Tax

Greek Fin Min: There Will Be No Credit Event

The Minister of Finances Yanis Varoufakis appeared on Star Channel on Monday, where he talked about the upcoming Eurogroup next Monday, where he will be presenting six reforms. These reforms will form the basis of discussion between Greece and...

Greek FinMin: Greece Will Need New Debt Agreement

Greece will need a new international agreement on the debt in order to meet nearly 11.5 billion euros in obligations between June and August, and without an agreement past the four-month extension of the current fiscal program this payment...

Greek FinMin Varoufakis: The Wealthy will Pay an Extraordinary Tax, if Needed

In his interview to Greek TV SKAI on Saturday morning, Greek Finance Minister Yanis Varoufakis stressed that “in order to achieve balanced budgets in the Greek State, we will ask of the wealthy to pay an extraordinary tax, if necessary.” Varoufakis clarified...

Greek Authorities Unveil New Tax Control Plan

Greek authorities on Thursday unveiled a new tax control plan aimed at boosting public revenues and combating tax evasion in the country. Under the plan, presented by the General Secretariat of Public Revenue, authorities will seek to certify revenues of...

Greek Gov't Unveils Program to Boost Repayment of Overdue Tax Debt‏

The Greek government on Wednesday unveiled a package of generous incentives -- including a haircut of debt by 50% -- aimed at boosting collection of overdue debt to the state. Greek Finance Alternate Minister Nadia Valavani, presenting the government plan...

Greece Faces 1-Bln-Euro Tax Shortfall in January

Greek tax revenue in January 2015 was one 1 billion euros short of reaching the expected target (23%), causing a major setback for the newly elected government. According to Finance Ministry data, Greece only had 3.49 billion euros in tax revenue in...

Greek Tax and Custom Revenues Up 0.28% in 2014

Revenues by tax and custom agencies in Greece grew 0.28% in 2014, while overdue tax collection rose 12.8% in the same period, the Public Revenue Secretariat-General said. In a report, the Greek secretariat-general said that tax and custom agencies' revenue...

Measure for 100-Installment Tax Debt Settlements in Greek Government Gazette

A decision of the General Secretary for Public Revenue Aikaterini Savvaidou allowing the settlement of debts to the public sector in up to 100 installments, was published in the Greek Government Gazette on Friday. The decision calls for the mandatory...

Greek Government Plans to Gradually Decrease Taxes

Government spokesperson Sofia Voultepsi said that the necessary corrections would be applied to the Single Real Estate Ownership Taxation (ENFIA) and order would be restored in Greece's tax system. "The issue has arisen due to a mistake that will be...

Dendias Discusses Lowering Tax Burden with Schaeuble

Greek Development Minister Nikos Dendias discussed possible tax reductions and ways to boost growth in the crisis-striken country with German Finance Minister Wolfgang Schaeuble at an official meeting in Berlin on Tuesday, state news agency ANA-MPA reported. "We discussed a lot about...