tax revenues
Economy
Drastic Decrease in Greeks Declaring Payment Via 'Blokakia' Invoice Books
For the first quarter of the year the Finance and Labor ministries were expecting to see some 100,000 or more employees declared by their employers as receiving payment via "blokakia" or invoice books.
Instead, a mere 12,000 employees were declared...
Economy
FinMin Figures Show Primary Budget Surplus Climbed to €7.416 Billion for January-November
On Thursday the Finance Ministry released figures explaining the current standing with the primary budget surplus. According to their publishing, the first 11 months of 2016 saw a primary budget surplus climb to 7.416 billion euro.
The climb of the...
Economy
OECD Report Shows Greece's Tax Revenues More Than Member-State Average
The Organization for Economic Cooperation and Development (OECD) has recently issued the Revenue and Statistics 1965-2015 report which highlighted tax revenues, or gross domestic product (GDP) of OECD member-states during this period.
The report showed that from 2014 to 2015...
Greece
Increasing Cigarette Tax Driving Consumers to Illegal Tobacco Market
According to sources, the Greek state has missed out on an opportunity to reap around 800 million euros in tax revenues due to tax hikes on cigarettes in 2016, as consumers turn to illegal tobacco markets.
The data shows that...
Economy
Eurostat: Tax Revenue at 39% of GDP in Greece
Tax revenue, including social contributions, stood at 39% of GDP in Greece in 2014, up from 33.5% in 2010 and 38.3% in 2013, Eurostat said.
The European Union statistical office reported that the ratio of tax revenue and social contributions to...
Economy
Tax Agents in Greece Advised to Forget About Summer Vacations
"Now is the time to fight" was the message by the deputy Finance Minister Yiorgos Mavragiannis to the heads of the 30 major Tax and Customs offices of the country, which collect 80% of tax revenues, according to newspaper...