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Search Results for: tax wine

Council of State cancels Special Consumption Tax on Wine

The Council of State has ruled in favor of the cancellation of Special Consumption Tax on wine. The ruling of Greece’s highest court No. 1793/3-9-2018 was published by the Greek Wine Association on Tuesday. The judicial ruling comes as the government has repeatedly said since summer 2017 to abolish this …

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Tax revenue in Jan-July 2022 “higher” than Greece expected

Tax revenues in the period January – July 2022 significantly exceeded the target, according to provisional data on the execution of the state budget Greece’s Finance Ministry announced οn Tuesday The target was exceeded by 5.1 billion euros, with total tax revenues during this period amounting to 31.094 billion euros, …

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FinMin Tsakalotos sees permanent tax reductions as of 2019

Greece will not have any new commitments nor additional prior actions, Finance Minister Euclid Tsakalotos said on Sunday in an interview with ‘Ethnos‘ newspaper. He announced permanent tax reductions as of 2019. The “countermeasures to austerity measure do exist” and in no case the broadening of the tax-free basis will …

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Greek Absurdistan: Gov’t considers a 6-euro tax on Tsipouro

Minister for Rural Development, Vaggelis Apostolou, shocked local authorities and professional groups of Tyrnavos when he told them last Friday that the government is considering to impose a 6-euro tax on tsipouro, the strong distilled grape pomace brandy for which Tyrnavos in Central Greece is famous. Apostolou argued that that …

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Catch up with weekend news: taxes, health care and smog

It’s always difficult to catch up with the news if there has been a blogging break for a couple of days. And it is more difficult when re-start blogging occurs on a Monday. Nothing extraordinary important occurred during the weekend. Bloggers need a break from time to time, to step …

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Barroso: Living Groovy on EU-Taxpayers money

They came to teach Greeks financial discipline and expenditure cuts. A Spartan way of life. However the ladies and gentlemen from the European Union Commission under the chairmanship of Portuguese J. M. Barroso live a live in luxury with expensive cocktail parties, private jets, luxurious away-days with spa and foam baths, …

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€12,000 for a Cake? Angry Greeks force Minister to pay from own pocket

Agriculture Minister Makis Voridis had to follow the tradition and cut the New Year’s Cake for the ministry’s personnel. He ordered a Vasilopita and posted its cost on the government website for ministries expenses: proud 12,000 euros. A former deputy agriculture minister of SYRIZA denounced the expense saying that she …

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The Hellinikon Resort: Unripen Innovation & Economy Marvel

Supranational institutions such as the IMF and European Central Bank push forward the Hellenic Republic to follow through economic reforms and ensure international creditors that repayment of the national debt — the outcome of the financial crisis of 2007-08 reaching 181.1% of GDP in 2018 — is perpetually substantiated by incoming …

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Musician and stand-up comedian Tzimis Panousis dies at the age of 63

Greek musician and stand-up comedian Tzimis Panousis passed away at the age of 63 on Saturday afternoon. According to media information, he suffered a heart attack and was transferred to a hospital in downtown Athens. Doctors tried to revive him with his body did not respond. Last month, he has …

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Greece-wide protests: Farmers on tractors to block highways and national roads

Farmers are angry about their taxation and their social security contributions. And they launch protests across the country. Hundreds of tractors moved on Monday morning to block highway and national roads in an effort to put pressure on the government to take back the measures that mean economic death. Farmers …

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