credit cards Archives - Keep Talking Greece

Greek consumers face problems in payments with plastic money or ATM withdrawals

December 24, 2017 Economy 1

Greeks and tourists experienced a problem over the pre-Christmas days: the system for payments with debits and credit cards or withdraw money form the ATM seems to have been blocked due to the high demand The problem started a few days ago reaching its peak on Saturday and Sunday, December …

For the first time, Greece accepts utility, phone bills for tax discount

January 16, 2017 Economy Comments Off on For the first time, Greece accepts utility, phone bills for tax discount

The Finance Ministry issued a list detailing the types of electronic spending – credit and debit cards, e-banking and money forwarding – that will count toward the income tax discount granted to most taxpayers as of this year. Just a handful of expenses are excluded, meaning that the threshold will …

Greek banks charge higher commission for cards payments than in other EU countries

December 21, 2015 Economy 5

The Greek government wants to boost the use of plastic money as a means to combat tax evasion. But the banks do not share the government enthusiasm and keep their charging rates high. A vendor, a restaurant owner or a lawyer has to pay 3% or even higher commission to …

Greece to punish taxpayers, if they use “cash”: half-measures create half-solutions

December 7, 2015 Economy 4

The end of cash money. Or something in this direction. Although we’ve heard of similar measures in the recent past, this time Greek tax authorities and financial ministry authorities are serious: they will accept only electronic receipts so that taxpayer will build the amount of the expenses needed to enjoy …

Greece writes off debts to state and banks up to €20,000

August 17, 2015 Society 17

Greece will write off debts up to 20,000 euro to tax office, insurance funds but also consumer loans and credit cards to the banks. The measure targets the debt relief of allegedly some 35,000 people and the criteria are very strict: absolute poverty, not possession of property, no income at …

Tag Archives: credit cards