Calamos Supports Greece

tax

Greek Gov't Unveils New Draft Tax Legislation

The Greek government on Tuesday unveiled a new draft tax bill envisaging new scales and rates on income tax, higher tax rates on income from rents, introducing a 45 pct tax rate on all incomes above 35,000 euros and...

Dombrovskis: Agreement Between Greece and its European Lenders Possible

An agreement between Greece and its lenders is possible, European Commission Vice President Valdis Dombrovskis said on Friday. In statements to Politico, he said that the Greek issue will be discussed on the sidelines of the IMF's Spring Meeting in...

Greek Industry Body Recommends 20% Tax on Large Investments‏

The Hellenic Federation of Enterprises (SEV) on Wednesday recommended a cut in the taxation of large investments to 20% and expanding the option of offsetting losses with future earnings from five years currently to 10 years, to safeguard offsetting...

Significant Progress on Income Tax and Pension Reforms, IMF and Eurogoup Say

"The mission has been productive. Significant progress has been made on the income tax reform," according to the respective announcements of IMF and Eurogroup. "The mission made important progress on key aspects of the pension reform. Work is ongoing and...

FinMin Tsakalotos Meets With Institutions on Taxation, New Talks on Saturday

A meeting between Greek Finance Minister Euclid Tsakalotos, Alternate Finance Minister Giorgos Chouliarakis with the heads of the quartet of institutions ended on Thursday evening, with the two sides discussing the changes in the system of taxation. According to a...

Renowned U.S. Economist Says High Taxes Squash Greece’s Prospects for Recovery

A recently released study by the Economics Department at the National Kapodistrian University of Athens revealed that Greece has the third highest taxation rate among 21 European countries. Only Sweden and Denmark have a higher tax rate, countries with...

Greek Economy Minister Doesn't Rule Out Tax on Banking Transactions

Economy, Development and Tourism Minister Giorgos Stathakis didn’t rule out the possibility of imposing a tax on banking transactions as part of the government’s efforts to increase revenues, according to statements made to a Greek private radio station on...

Greek Drivers Surrender Car Plates to Avoid Heavy Taxation

Greek car drivers queue with their car number plates at tax offices around the country. When they hand over the plates to authorities, they will avoid paying road taxes. That has translated to about 700 million euros in lost revenue for...

Greek Economy Minister Reveals the Main Points of the New Sustainable Growth

Entrepreneurship with the development of high level of the manpower, the strengthening of exports and a stable taxation environment are the main points of new sustainable growth model according to Greek Economy Minister George Stathakis. In an interview to the...

Greek Government Coalition Partner Opposes Government Sponsored Taxation on Beer

The Greek government is facing an internal dispute on one of the prior actions that the Finance Ministry has drafted and the Greek parliament will vote on this upcoming Thursday. The Independent Greeks (ANEL), the smaller half of the Greek...