over taxation

The perennial issue of overtaxation continues to be a critical problem for the Greek economy and its society overall, despite significant improvement in the country’s fiscal position. The middle class has been hit the hardest, particularly the income of private...

Excessive taxation and the dramatic drop of the average Greek income has; among other things, led to a rise in the number of divorces around the country. More and more couples state they are separated, while divorces have risen by...

Greek pharmaceutical companies claim that their excessive taxation by the Greek state -clearly above any other EU state-, will eventually lead to their demise. At the HealthWorld 2017 Conference of the American-Hellenic Chamber of Commerce held in Athens today, industry...

Tourism is a vital economic sector in Greece as it accounts for around 18 percent of the country's GDP and is responsible for creating one out of every five jobs. However, the over taxation of tourism coupled with the lack...