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Tag Archives: VAT hikes

DefMin Kammenos calls VAT hikes as “criminal” & “unconstitutional”; he voted for them on Sunday

Defense Minister Panos Kammenos lamented Value Added Tax hikes for six islands. He described the hikes as “criminal” and “unconstitutional” and claimed that he was about to resign exactly for this austerity measure. “The VAT hike on the islands is a criminal act, an unconstitutional decision for which we gave …

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New Greek Omnibus Monster: €1.8bn Indirect Taxes, more VAT hikes, Property Tax, Fuel Prices on fire

Indirect taxes worth 1.8 billion euro, Value Added Tax hike from 23% to 24%, red loans regulations, a new Super Privatization Fund, new calculation scales for Unified Property Tax (ENFIA), the omnibus bill of some 4,000 pages has been submitted to the Parliament on Wednesday night. The voting will take …

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