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EU Commission: Fiscal policy recommendations for Greece

Greece continues to experience excessive imbalances but its vulnerabilities appear to be receding due to policy progress, according to fiscal policy recommendations given by the European Commission in the context of the European Semester. The European Commission recommends that Greece: Wind down the energy support measures in force by the …

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Deadline for tax returns declarations extended to July 31

The deadline for filing 2022 income tax in Greece is extended until 15:00 on July 31, 2023. The relevant decision was signed on Tuesday by Deputy Finance Minister Apostolos Vesyropoulos. The deadline applies to individuals and legal entities. For those who owe taxes, the first installment must be paid by …

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Greece successfully auctions 10-year and 15-year bonds

An auction of 10-year and 15-year bonds by the Public Debt Management Authority on Wednesday attracted strong investment interest. The Greek state raised 400 million euros from the auctions, while bids reached 2.187 billion euros. The interest rate of the 10-year bond was set a 3.98%, down from a coupon …

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“Energy tourists” owe €300-400 million to Greece’s suppliers

“Energy tourists” in Greece have burdened energy suppliers with an estimated overdue debt of 300-400 million euros. “Energy tourists” are repordely households and businesses, who move from one electricity provider to another leaving unpaid bills. According to calculations by the General Manager of “Natural Gas” and president of ESPEN (Association …

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US confiscates Iran oil cargo on Greek-managed tanker

The US confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement operation, three sources said, and days later Iran seized another oil-laden tanker in retaliation, according to a maritime security firm. As oil markets remain jittery, the cargo seizure is the latest escalation between …

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