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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Auctions for debts over €500 to the state to go exclusively online
All properties and assets auctions for outstanding debts to the state will go exclusively online as of 1. May 2018, Finance Minister Euclid Tsakalotos told the Parliament on Friday when he introduced a relevant amendment to the omnibus bill. The amendment was tabled by the finance and the justice ministries …
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Greeks’ arrears to the state break all times record reaching €100.73 billion
Unpaid taxes to the state have passed the 10 billion euros mark in November. One in three Greeks did not pay the taxes they had to with the effect that the total volume of outstanding debts to the tax office to be 11.6 billion euros. And this despite the fact …
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Metropolit Amvrosios sees in flash floods “God’s wrath for the atheist Prime Minister and cabinet ministers”
The Metropolit of Kavryta is not only an specialist on spiritual issues and Greek Orthodoxy. He is obviously an expert in natural disasters like the flash floods that hit West Attica on November 15th. And he know why they happened: Because Greece is run by an atheist Prime Minister and …
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Greece picks up the Sunbed battle, plans to increase leasing prices
Another state effort to bring order into one more field of Greek chaos: the sunbeds on Greek beaches. Illegal spread of sunbeds, tables and chairs, low leasing prices. The Public Properties Secretariat is preparing a bill to increase the leasing price and take the chaos under control. However, also this …
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Greek Gov’t plans to give state land to 1,500 refugees so they can work as farmers
The Greek government plans to turn refugees from war zones into farmers. The aim is to integrate them into the Greek society. For this purpose the Migration ministry prepares an extensive program of skills and job training for refugees. The future farmers will be trained in basic communication [Greek language, …
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Three out of ten taxpayers did not pay first installment of income tax
Three out of ten taxpayers did not pay the first installment of income tax due on July 31st. Now, they are at risk to face confiscations if they do settle their arrears as soon as possible. According to available data from the Treasury, 28% of taxpayers, a total of 671,000 …
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Out-of-court settlement for companies with state arrears and bank loans
The long-anticipated out-of-court settlement allowing the restructuring of arrears owed by private sector companies to the Greek state and to banks goes into effect as of 3. August 2017, when the electronic platform opens for submissions. A total of 300,000 companies have the chance to solve their financial indebtedness. The …
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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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Bossy Schaeuble still stuck in prejudice: “Greeks are great people, but Greece is not a state”
Oh. And Prime Minister Tsipras spoke ‘nonsense’! And ’15 Eurozone ministers wanted Greece out of the euro’. However they acted independently and not because Germany or – even worse – Schaeuble told them to do so. In an interview with French daily Liberation, German Finance Minister Wolfgang Schaeuble drew a …
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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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To Greeks with love: Samaras’ gov’t approves foreclosures for debts to the state
Another Christmas present sent by Samaras’ coalition government …to Greeks with love: With a very thin majority of just 152 votes conservative Nea Dimokratia and socialist PASOK voted and approved the foreclosure framework on Saturday evening. The law will apply as of 1.1. 2014, after Troika pressure. “Rather than providing …
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“Bahalo”: State decisions plague the already troubled Greek citizen
Bahalo (Μπάχαλο) is a nice word. Greeks use it many times per day. In fact, they say “Bahalo” every time they contact a public service or they watch news on television. Bahalo – accent on the first syllable – means bloody mess, chaos and big confussion. It literally gives the …
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Greek Gov’t & Troika to grab the daily bread out of the mouth of low-pensioners
Greek government and the Troika plans to cut even low pensions of 486 euro per month as the hole in the country’s biggest insurance fund IKA has reached one billion euro. According to daily Eleftherotypia, the plan foresees cuts of 1) 15 euro per month in 486-euro pensions for private sector. The …
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