Tag Archives: taxpayers

Greece’s main opposition left-wing SYRIZA demands the establishment of a Parliamentary commission that will investigate the funding of media by the conservative government and thus with taxpayers money. The Committee should investigate “repeated acts of manipulation of public opinion by the Mitsotakis government with money of taxpayers, who on their …

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The average Greek taxpayer must work 179 days in order to meet obligations to the tax office and social security funds, the annual report of the Markos Dragoumis Center for Liberal Studies (KEFiM) published on Tuesday has found. It takes Greeks just under six months to pay the 71.9 billion …

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Greece’s taxpayers will need a significant volume of electronic transactions as of next year in order to be able to “build” their tax-return basis. The daft budget 2020 envisages that the rate on e-spending must be equivalent to 30% of annual income. The provision affects employees, pensioners and professional farmers …

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The first ever lottery for purchases via credit and debit cards will take place on Thursday, November 30th 2017. To start with, the Greek Finance Ministry will use the data for purchases made in October. The Ministry reportedly plans one more lottery draw action in December for transactions via plastic …

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“We had a banking crisis, a fiscal crisis and we spent lot of the tax-payers’ money – in the wrong way, in my opinion – to save the banks” outgoing Eurogroup head Jeroen Dijsselbloem said adding “so that the people criticizing us and saying that everything was being done for …

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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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Opponents of Greek debt relief claim there will be an extra financial burden on Eurozone member states and their taxpayers. This is not true, says Eric Dor, Director of Economic Studies at IESEG School of Management in Lille, France. Below Eric Dor’s position Why a lengthening of the maturities of …

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Greece’s ministers, lawmakers, mayors and other high-ranking public officials are able to enjoy generous tax reductions reaching up to 2,000 euros per year. A Greek daily revealed that the reductions affect the so-called Solidarity Levy. The parliament voted in favor of such decreases already May 2016. The provision was included …

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Nice ending of a horrible year. Greek taxpayers are called to deposit up to four billion euros to state cash registers by next Friday, December 30th 2016. The year will end on a bitter note for millions of taxpayers in Greece, as they will have to pay over 4 billion …

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The General Secretariat for Public Revenue has begun identifying properties owned by Greek taxpayers in 84 other countries which cooperate with the Greek authorities in a data exchange system. The secretariat’s agencies have already started drawing information from other European Union states and by the end of 2017 they expect …

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Economic growth 0f 2.7%, primary surplus at 1.8%, unemployment down to 22.4%, recession at 0.3% and additional revenues of 1.835billion euros. These are the projections in the draft budget the Greek government submitted to the Parliament on Monday. This charming  “€1.8billion” in revenues describes the additional direct and indirect taxes …

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Greek Tax Administration has been studiously taking from debtors what it belongs to the state. From January to April 2016, tax authorities have reportedly “emptied” 428,465 debtors’ bank accounts. If the seizures in May be added, the total number reaches over 500,000. In comparison: 333,776 bank account seizures last year. …

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While the majority of Greeks has helped in one or another way the thousands of refugees in the country, it is the same Greeks who sink in debts in the sixth year of economic crisis and austerity measures. Cuts in pensions, wages, long-term unemployment and over-taxation has pushed millions of …

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The Season Greeting the Greek Finance Ministry sent this year to dozens of officials in several departments were as bit peculiar. The ministry advice “More hugs for less heating oil consumption”, with reference to the heating oil allowance. The Ministry knew very well that despite the tax tsunami it had …

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Greece’s taxpayers are drained. They halted their payments to the tax office in November and had their tax debts totaling 1.45 billion euro. According to data released by the General Secretariat of Public Revenues, the hole in revenues from January 1st to November 30th amounts 11.83 billion euro. According to …

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The end of cash money. Or something in this direction.  Although we’ve heard of similar measures in the recent past, this time Greek tax authorities and financial ministry authorities are serious: they will accept only electronic receipts so that taxpayer will build the amount of the expenses needed to enjoy …

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The controversial audio excerpt from the conference call between former Finance Minister, Yanis Varoufakis with international hedge funds representatives has been uploaded on internet. In the audio Varoufakis speaks of his Plan B project that contains among others also “hacking taxpayers’ registration numbers” and the creation of a “parallel banking …

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If creditors EU, ECB and IMF are up to a Greek default… “Be my guest!” so to say. English- and German speaking media have been publishing charts and info and calculations and estimations about how much a Greek bankruptcy will cost to the eurozone countries and each one of the …

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2.751.856 taxpayers together with their spouses and their dependent members managed to survive the year 2012 with an annual income below 9,500 euro. The data is based on tax payers declarations submitted in 2013 and on the occasion of the planned distribution of part of primary surplus to low incomers …

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“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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