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Greece Still Among Eurozone States With Very High Taxes on Consumption

According to a recent study conducted by the ''Tax Foundation'' think tank, Greece is still among those Eurozone member states that impose the highest...

Greece Freezes VAT on New Building Permits to Boost Housing Market

In an attempt to boost the Greek real estate market, PM Kyriakos Mitsotakis announced on Wednesday a three-year suspension of VAT payments on any...

€7.4 Billion in VAT Revenue Lost in Greece in 2017; €137 Billion Lost EU-Wide

According to the latest data published by the European Commission on Thursday, the nation of Greece lost €7.4 billion in revenues from Value-Added Tax...

Excise Tax and High VAT Make Beer Expensive in Greece

Beer in Greece is among the most expensive products in the European Union because of high excise tax and a 24 percent value-added tax. According...

Greece the Most Difficult Country to Set Up a Business

Greece is the most difficult country in the world to set up a business due to bureaucracy, frequent changes in legislation, differences in VAT...

Greek PM Offers Relief Measures as Elections Loom

Greek Prime Minister Alexis Tsipras on Tuesday unveiled several “relief measures,” including reinstating a benefit for pensioners who had their income slashed in 2012...

Low VAT Rates for Five Aegean Islands Extended Six Months

People who live on the five Greek islands which have been the most heavily burdened in dealing with the influx of migration for the...

Greek Government Extends Low-VAT-Rate Period For Five Aegean Islands

Five Greek islands that have dealt with the brunt of migration inflows will keep their reduced VAT rate, Migration Policy Minister Dimitris Vitsas said...

Good News for Music Fans as Greece Prepares to Lower Taxes on Concert Tickets

According to Greece's Deputy Finance Minister, Katerina Papanatsiou, the country's Finance Ministry will reduce the VAT rate applicable on concerts and music events, where...

Greek Islands Get VAT Raise Suspended for 6 Months

Greece's Prime Minister Alexis Tsipras announced on Friday that that an earlier decision to raise value-added tax rates (VAT) at eastern Aegean islands will...

Greece’s Lesvos Shuts Down in Protest Against PM (photos)

Mytilene, the capital and port of the island of Lesvos, has shut down in protest against the visit of Greece's prime minister, Alexis Tsipras. Shops...

Greek PM Faces Protests Over Migrant Numbers, Tax Hike in Lesvos

Lesvos is beefing up security for the visit of Prime Minister Alexis Tsipras and a host of ministers who will participate in regional conference...

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