purchases Archives - Keep Talking Greece

EU buys too much defense equipment abroad, especially from US, report says

September 9, 2024 FEATURED, Greece, Politics 2

European Union countries are buying too much of their defense equipment abroad, almost two thirds of it in the United States, and failing to invest enough in joint military projects, a landmark report on EU competitiveness warned on Monday. The 27 member states are also failing to make best use …

Greece to scrutinize real estate purchases paid in cash

March 28, 2024 Economy, FEATURED 3

Tax authorities in Greece will scrutinize real estate purchases that were conducted in cash. Aim of the tax authorities is to trace and sources of money used for the transactions and possibly trace money laundering. The Independent Authority for Public Revenue (AADE) is tracing the money trail for thousands of …

Supermarkets put purchase limit on vegetable oils, flour and sugar

March 24, 2022 Economy, FEATURED 2

Supermarkets in Greece have introduced limits on the number of packages a consumer can buy of several vegetable oils and flours. Sunflower- and sweetcorn-oil, flour and since Thursday also sugar are the products on the list of limited purchase due to the war in Ukraine and the price increases. As …

Panic purchases: Coronavirus case sends Greeks to supermarkets

February 26, 2020 CORONAVIRUS, Social Comments Off on Panic purchases: Coronavirus case sends Greeks to supermarkets

Hardly has the first confirmed case of coronavirus case in Thessaloniki has been announced and the residents of the second biggest city of Greece quickly found their way to to the supermarkets. They load their carts with staples like pasta, rice, milk, baby and powder milk, toilet paper and detergents. …

Three-year suspension of VAT for new real estate or unsold since 2006

October 24, 2019 Economy 1

Prime Minister Kyriakos Mitsotakis announced a three-year suspension of Value Added Tax (VAT) on new building permits but also on unsold properties built after 1. January 2006. Aim of the measure is to ease the huge stock of unsold properties and stimulate the construction activity. The exemption covers all real …

Greek state lottery for December purchases to take place on Tuesday

January 30, 2018 Economy Comments Off on Greek state lottery for December purchases to take place on Tuesday

The Greek state lottery for December 2017 purchases via credit and debit cards is scheduled to take place at 6 p.m. today, Tuesday, January 30th 2018. One million euros is to be distributed to 10,000 taxpayers in Greece. Each winner is eligible to get 1,000 euros that is tax-free and …

Greek households spend €40 less per month for supermarket purchases

April 2, 2017 Social, Society 1

A significant decrease of 13% has been recorded in the amount Greek households spend for daily purchases at the country’s supermarkets. This is the logical consequence caused by low wages, high unemployment rates and increased direct and indirect taxes. Factors that have lead to impoverishment of large groups of the …

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