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Tag Archives: Finance Ministry

FinMin Staikouras puts pressure on Greek banks to support debtors, depositors

Greek banks must come up with proposals to actively support citizens who face a lot of financial pressures due to high inflation and the rise in the cost of money, Greek Finance Minister Christos Staikouras told them on Thursday, giving bankers a two-week deadline to do so. According to a …

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Greece’s steps to curb tax evasion by short-term rentals

Greece’s Finance Ministry will take to curb tax evasion and the concealment of income earned by short-term rentals Airbnb-style, while seeking in the process to increase the protection of tourism enterprises from unfair competition. The ministry is determined to use all means available to restrict such phenomena and, if necessary, …

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Finance Ministry extends deadline for tax returns submission to July 29

Greece’s Finance Ministry announced on Thursday the extension of the deadline for submitting income tax returns, until July 29, 2022. The extension aims to “facilitate taxpayers to be consistent in their obligations.”, the ministry said in a statement. Note that the relevant deadline was to expire on June 30. According …

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Finance ministry freezes payment of taxpayers’ debt until the end of 2021

Greece’s Finance Ministry announced late on Tuesday that was freezing until the end of the year all taxpayers’ debts worth around 1.0 billion euros which were suspended until April 30, 2021. According to an announcement the ministry doubles the number of installments in the repayment of these debts, to 48 …

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Greece to reward “whistleblowers” for unclaimed inheritances

The Greek state is seeking for “whistleblowers” and will also reward them, if they give information about unclaimed inheritances. The whistleblowers can earn 10% of the value of the unclaimed assets. This was decided by Deputy Finance Minister Apostolos Vesyropoulos on Tuesday. According to the decision, anyone with information about …

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Finance Ministry: EU Commission has been wrong on Greece’s surplus projections also in the past

The Greek Finance Ministry dismissed the report of the European Commission released earlier today. “The primary surplus for the general government in 2019 will reach 4.1% of the GDP,” sources of the finance ministry told media and rejected the evaluation that the relief measures pose a risk for the agreed …

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Have Greece and Creditors agreed on 130,000 property auctions by 2021?

Finance ministry sources on Tuesday dismissed several local press reports claiming that the Greek coalition government has promised creditors that 130,000 auctions of foreclosed property will be held by 2021. “There is no agreement with the creditors for 130,000 auctions within the next four years, such an agreement does not …

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Opposition party To Potami questions credibility of Finance Ministry Lottery

The leader of small opposition party To Potami has put the credibility of the procedure of the finance ministry lottery that is based on taxpayers’ receipts based on purchases via credit and debit cards. Leader Stavros Theodorakis demands the prosecutors’ intervention on the issue claiming that “the statistical impossible has …

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Greek taxpayers bring down lottery website of finance ministry

The much anticipated lottery of plastic money transactions was finally conducted on Thursday evening. One thousand lucky taxpayers shared 1,000,000 euros and each one will see €1,000 on its bank account, thus tax-free. The total number of transactions participated in the lottery amounted to 8,254,535, corresponding to 4,556,328 tax payers …

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Finance Ministry to start lottery for purchases with credit/debit cards on Nov 30

The first ever lottery for purchases via credit and debit cards will take place on Thursday, November 30th 2017. To start with, the Greek Finance Ministry will use the data for purchases made in October. The Ministry reportedly plans one more lottery draw action in December for transactions via plastic …

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With FDP in German coalition, Greeks could miss old chap Schaeuble

Greece is closely watching the political developments in Germany as the new coalition government that will be formed will have direct impact on the Greek debt and the discussions about its relief expected to begin after conclusion of the bailout program in August 2018. Right after the exit polls on …

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Famous Nammos loses beach contract over blocking public access

The Public Assets Department of the Greek Finance Ministry suspended the permission of beach use by famous Nammos restaurant and nightclub on the island of Mykonos. Reason for the suspension was that Nammos owners built a platform and a ramp for a concert in late August thus preventing public access …

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