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Tag Archives: tax

Troika rejects decrease in heating oil tax; Greeks to freeze another winter

Greece’s lenders, the Troika rejected two of Greek government plans: the tax reduction in heating oil and the broadening of income criteria for those entitled to heating oil allowance. The government had proposed to decrease at 15% the Special Consumption Tax for heating oil and avoid the freezing of Greek households and the incredible air pollution of …

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Troika slaps free-lancers: tax in advance to increase from 20% to 26%

Troika is reportedly putting pressure on Finance Ministry to put the knife deeper in the income of free-lancers and self-employed. Greek media report that the representatives of Greece’s lenders want to increase the withholding of tax from 20% currently to 26%. In practice the new tax rise will look like …

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Historic decision: Cypriots vote NO to bank deposits tax

With 39 votes against and 19 abstentions from Anastasiades’ ruling party, Cypriots said a historic NO to Eurogroup decision to charge with a levy bank deposits. Upon announcement of the rejecting decision protesters who had gathered outside the Parliament broke in to loud applaud. No one Cypriot MP voted in …

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