Tag Archives: companies

Τhe board of the Union of Shipowners and Cruise Ships held a meeting with  Minister of Maritime Affairs and Insular Policy, Christos Stylianidis on Wednesday. Top on the agenda was the recent implementation of an increased passenger fee as well as the crisis in the Middle East. Greece’s Tourism Ministry …

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The Greek government on Tuesday presented a draft law to integrate into national legislation a European directive on implementing a minimum tax rate on multinational enterprises and large-scale domestic groups which could lead to a supplementary tax of up to 15% on profits. The Pillar II directive (EU 2022/2523) is …

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Development Minister Kostas Skrekas has imposed the maximum fine of 1,000,000 euros to each of the Greek subsidiaries of two multinationals groups after inspections by Interagency for Market Control (DIMEA) units showed that they had violated recent laws on curbing phenomena of unfair profit-taking, a ministry announcement said on Thursday. …

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For third time in 2022, Greece’s ferry companies increased the ticket prices at a range of 4% to 8% on average on July 1. The hikes are only certain ferry itineraries and mainly from the port of Piraeus. From the port of Rafina, the prices of individual tickets with conventional …

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Enterprises appear reluctant to take any investment initiatives in the near future, despite financing opportunities generated by the recovery fund and the improvement of business sentiment, the annual survey conducted by Grant Thornton has found. Six out of 10 corporations in Greece say they have no intention of making any …

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Instead of launching public tenders, the Greek government simply awarded three well-known big construction companies with the building of the closed migration centers on the islands of Lesvos, Chios and Samos. The Ministry of Migration and Asylum invited the companies Aktor, Terna and Mytilineos with a posting on the Diavgeia …

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Sixty percent of CEOs of multinational companies operating in Greece expect that the country’s image as investors’ destination will improve in the next years. According to a survey conducted by Metron Analysis, 83% of the respondents said the taxation was the biggest obstacle for investing in Greece. The survey was …

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Former New Democracy Health Minister, Giorgos Sourlas, said he was offered kickbacks by a pharmaceutical company in order to market vaccines. Speaking to state ERT TV, the former minister said he was offered 500 million Drachmas* in order to market last generation vaccines for hepatitis. “It happened once, I was …

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Greece’s state competition watchdog has fined six prominent cosmetics firms, including Estee Lauder, L’Oreal and Christian Dior, some €19 million (SR83.98 million) for distorting competition. The Hellenic Competition Commission said Wednesday it had found “anti-competitive agreements between wholesalers of luxury cosmetics” aimed at fixing retail prices. According to AFP, Estee …

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They said it and they did it! Greece’s General Secretariat of Public Revenues uploaded the names of 13,730 big debtors on the official website of the Finance ministry. The names refer to natural persons and legal entities owing to the state more than 150,000 euro and are in payment delays …

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International oil companies were invited to start investing in hydrocarbon research in Greece, by Athens’ Energy Minister Panos Skourletis. Skourletis invited companies to start investing in research and exploitation of potential hydrocarbon reserves in Greece, in a speech he made on Friday at the 45th Central-Eastern Europe & Caspian Scout …

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Deputy Finance Minister Christos Staikouras announced the  tax reduction for companies and households in the debt-ridden and austerity-hit Greece. In an interview to daily Typos tis Kyriakis Staikouras heralded the Greek fiscal progress in lenders’ imposed austerity program and said that “meeting of the objectives launches the tax rates reduction.” …

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Another revolutionary proposal by a Greek official and thus the man in charge of Public Revenues. Haris Theocharis. He proposed that “companies with debts to the state pension funds or to employees would better close down than to remain open and produce further deficit.” Τheocharis made this statement last Friday …

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6,000 individuals and companies transferred several million euros outside Cyprus during the first two weeks of March, even hours before the two-weeks long closing of the banking system on March 15th 2013. A list with these names was handed out by the Central bank to a parliamentary committee assigned to …

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Philips, LG Electronics, Samsung SDI and three other firms were fined a record €1.47 billion by EU antitrust regulators on Wednesday (5 December) for fixing prices of TV and monitor cathode-ray tubes for nearly a decade. The European Commission slapped the biggest penalty, of €313.4 million, on Dutch-based Philips. LG …

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