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Tag Archives: state

Greeks owe €182.billion in tax arrears to the state

Data from the Independent Authority for Public Revenue show tax arrears totaled 182.5 billion euros ($214 billion) on Aug. 10, according to a note sent from the agency to parliament last week and seen by The Associated Press Wednesday. € “The Greek government is owed so much in tax arrears …

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Greek gov’t is considering to hold a referendum in upcoming autumn

Greece’s ruling party SYRIZA is allegedly considering to hold a referendum in upcoming autumn, most likely in November. According to ‘secure’ information by the Sunday edition of newspaper Eleftheros Typos, the ruling left-wing party is hurrying up to close as many fronts as possible, both internal and external and implement …

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Eldorado Gold wins key arbitration battle in dispute with Greek state

Canada’s Eldorado Gold  has won a key battle in its ongoing row with Greece after an arbitration panel ruled in favor of the company’s technical plans to build a metallurgy plant to process  concentrate mined from Skouries and Olympias in Northern Greece. The panel rejected allegations that a technical study …

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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 …

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New charges against Sorras: Leader of criminal organization, fraud, money laundering and others

The self-proclaimed billionaire and now fugitive Artemis Sorras has been charged with fraud and running a criminal organization. The office of prosecutor in Athens published a long list of charges against Artemis Sorras and seven of his close associates on Tuesday. The list of charges reportedly contain “half of the …

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Lenders press Greece to sell 40% of PPC lignite units and energy producing plants

Greek Interior Minister – an Energy minister in first SYRIZA government – Panos Skourletis accused on Monday international lenders of reneging on a 2015 bailout deal by trying to force a fire-sale of its main electricity utility Public Power Corporation (PPC/DEH) to serve “domestic and foreign business interests.” Later, a …

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Greek state takes over €112.3ml loans to Athens Concert Hall

The Greek state is to take over the ‘Megaron’ Athens Concert Hall Organisation’s unpaid debts to the European Investment Bank (EIB) for a 150-million-euro loan taken out in 2003. The loan was guaranteed by the Greek state. Based on a decision signed by Alternate Finance Minister George Chouliarakis and posted …

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Arrears to Greece’s state expected to exceed €100bn in 2017

An increase of arrears to the state continues unabated despite accelerated rates of confiscations and seizures of debtors’ bank accounts, incomes and other assets in 2016 by the independent authority for public revenues. Another 890 million euros were added to the total in November 2016, with the latter now reaching …

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

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 …

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Payment delays: Greek state to pay tax returns with 6% interest, taxpayers with 8.76% plus fines

“A mantle of justice suddenly covered Greece, boosting the relations between the state and the taxpaying citizen”… That would be the beginning sentence in a science fiction book. In Greek reality things look different and worse. According to a decision issued by Finance Minister Yiannis Stournaras, the state repays its …

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