Greece plans an early repayment of 8 billion euros of bailout loans to eurozone countries this year as the country’s economy rebounds from the previous decade’s debt crisis, two officials told Reuters on Wednesday. Greece regained its investment grade late last year after languishing for 13 years in the “junk” …
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Greece will soon accept foreign cards for tax payment
Foreigners will soon be able to pay their tax obligations in Greece with credit and debit cards issued by foreign banks, state broadcaster ERT reported on Thursday. Reason for this facilitation is that the Independent Inland Revenue Authority (AADE) is launching procedures to remove the legal and technical obstacles that …
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Health ministry to activate complain mechanism if “personal doctor” asks for payment
Greece’s Health Ministry will activate a mechanism where citizens can file a complaint if the “personal doctor” asks to be paid. The complaint mechanism aims to ensure that citizens do not pay for visits in a system that is free of charge for patients. The “personal doctor” is an institution …
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“Afternoon surgeries” in Greece’s public hospitals: Patients pay the bill, crucial issues unsolved
Greece’s Health Ministry has paved the way for surgeries in public hospitals in the afternoon against payment by patients even if they are insured or by patients’ private insurance companies. Τhe government and the ministry are determined to proceed with several measures and changes they call “upgrade of the public …
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Greece to pay Gazprom without sanctions violation; Plan B for gas supply
“Greece will pay Gazprom in a way that will not violate sanctions and will ensure the country’s energy efficiency,” Energy Minister Costas Skrekas said on Thursday, following a gas supply emergency meeting chaired by the Prime Minister. the Greek government has worked out a Plan B for the case that …
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Greece has enough energy supplies, payment to Gasprom end of May
Greece has sufficient energy and no interruption in the country’s supplies is expected, according to an emergency meeting chaired by Prime Minister Kyriakos Mitsotakis on Wednesday. Greece’s energy supplies are secured and the country will make the next payment to Russian gas producer Gazprom at the end of May, the …
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Greece to enable tax payments via foreign credit and debit cards
Greeks and foreigners will finally get the chance to pay their taxes, duties and levies in Greece using cards issued abroad. The Independent Authority for Public Revenue has reportedly already began a public consultation process and the contractor to undertake the project will be decided within 15 days. Payment to …
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Greek FinMin extends payment of road tax 2022 by two months
The Greek Finance Ministry on Tuesday extended the year-end deadline for the 2022 road tax by two months. Motorists now have until February 28 to pay the tax on vehicles that are in use, but also for those that have been registered as being voluntarily withdrawn from circulation. The ministry …
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40% of Greek workers don’t get paid for overtime work, survey shows
Forty percent of workers, working overtime, is not paid for their extra working hours, a survey by the largest private sector trade union umbrella GSEE has found. A 73% of workers demand to be paid for their overtime work instead of taking leave or day off The survey showed that …
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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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Half of Greeks unable to cope with bills due to pandemic, survey finds
Greeks ranked lowest among 24 countries in Europe for the second time in terms of their ability to pay their bills in 2020, according to the annual European Payment Report published by Intrum. The survey also found that nearly half saw their incomes drop as a result of the coronavirus …
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Golden Visa properties in Greece may be purchased per credit or debit card
An amend bill tabled by Development and Investment Minister, Adonis Georgiadis, allows investors who buy real estate in order to secure residence permit via the Golden Visa program to make their purchases via credit card or POS. The bill is to be voted today, Thursday, at the Greek Palriament. The …
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Greece to scrap free health treatment for tourists from EU, third-countries
Foreign visitors to Greece will have to immediately pay for their hospitalization or treatment in the country’s health units, Health Minister, Vassilis Kikilias, ordered in a circular issued last week. The measure regards European and third country citizens who are insured. “Greek taxpayers will no longer pay for the treatment …
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Greek supermarket urges workers to “smile” as they have “a job” and “get paid”
“Smile” is obligatory because one has a job and get paid for it. A memo issued by the Regional Operation Manager of one of the biggest supermarkets in Greece has triggered an outrage not only among its employees but also in the society. The bold and arrogant memo requires that …
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Austerity cuts: Tsipras to return €820mn to special categories of civil servants
Prime Minister Alexis Tsipras announced that certain groups of civil servants will receive retroactive a total of €820 million net for wage cuts during the economic crisis and the bailout agreements. The total amount is €1.4 billion gross including taxes, social security and pension contributions. The money will be paid …
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PPC bill paid at Postal Service? What to do to clear debt, secure 15% discount
Many customers of Greece’s Public Power Corporation (PPC/DEH) found themselves to be debtors to PPC/DEH although they had paid their bills on time. Not only have they missed the 15% discount for payment in time, they also saw their electricity bills charged with interest fees. And some are at risk …
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Greece approves upgrade of F-16 Fleet with US, worth €1.1billion
In an extraordinary meeting, Greece’s Government Council of Defense and Foreign Affairs (KYSEA) approved the program for upgrading 85 fighter jets F-16 of the Hellenic Air Force. The program is worth 1.1 billion euros and has been approved after the US accepted the Greek proposal for payment in installments. The …
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Labor bill to allow unpaid employees to claim wages & salaries from employers’ personal assets
Τhe ministry of labor submitted in parliament on Tuesday evening a draft bill on a series of measures designed to protect labor rights. The bill aims especially to tackle undeclared, under-declared and unpaid labor as well as the issue of delayed salary and wages payments. among others the bill allows …
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Supreme Court rules “no payment of employees’ salaries is not harmful change of work contract”
The failure to pay the employees’ earned salary, albeit in the long run, sufficient by itself to establish the notion of the harmful change in the terms of the employment contract. This is what judges in Greece’s Supreme Court ruled this week. Harmful change of employment contract is established when …
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Greece hires Rothschild for €3.2mn to help the country return to bond markets
Deputy Finance Minister Giorgos Chouliarakis approved the cooperation between Greece and the financial advisory group Rotschild & Cie. The banking group is to help Greece return to the bond markets. According to the decision published today in Diavgeia system of public spending, the company will receive a total of up …
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