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Finance Ministry to chase Greeks with companies in Bulgaria, Cyprus & Malta

November 2, 2016 Economy 1

Thousands of Greeks have opened or registered their companies in Bulgaria, Cyprus, Malta or in other neighboring countries with low tax rates in recent years in order to escape the over taxation in Greece. Now the General Secretariat of Public Revenues targets exactly these companies and threaten the owners with …

Gaddafi owes USD 716 million to Greek Companies

February 28, 2011 Economy Comments Off on Gaddafi owes USD 716 million to Greek Companies

Despite Muammar Gaddafi’s enormous private property, Libya owes more than USD 700mn to Greek companies that have been operating in the Northern African country. Some of the outstanding debts, which amount to USD 716.2mn (EUR 520.4mn), are pending since the 1980s, mainly to Greek constructors. The issue was discussed during …

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