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Moscovici Sees a Stronger Greece Regaining Market Trust

European Commissioner Pierre Moscovici said growth has returned, jobs are being created and investors are again expressing interest in Greece.

Greece’s Alpha Bank Sees Trend for Growth in 2017

The Greek economy is on a gradual path to recovery as economic indicators demonstrate an overall trend for growth, according to Alpha Bank.

Product Price Hikes Across 32 Greek Isles as of Jan. 1

Products and services on 32 islands in the Dodecanese and North Aegean Region will go up as of January 1, 2018, due to new VAT rates.
Posted On 11 Aug 2017

Limited Investment Thwarting Greece’s Recovery, Report Says

Pulling Greece out of investment stagnancy must involve carefully planned policies that will be implemented with consistency, a PwC report says.

Which Greek Islands will be Exempt from VAT Hike?

A number of Greek islands are to be exempt from a planned value-added tax (VAT) increase as of January 1, 2017.
Posted On 20 Dec 2016

ICAP: Greek Tourism Sector Going Strong

Greece’s tourism sector is continuing to grow despite the ongoing economic crisis, according data released by Athens-based market research firm ICAP this week.

Greece Taxmen to Snoop through Social Media for Clues of Fraud

Greece’s tax inspectors my soon be probing social media accounts in efforts to track down tax evaders and untrustworthy tax payers.
Posted On 22 Aug 2016

Audit Forces Pose as Mystery Guests at Greek Hotels to Nose Out Tax Evaders

Dozens of hotels across Greece will be “accommodating” a new team of so-called mystery guests on a mission to expose businesses that are tax evading.
Posted On 19 Jul 2016

New Greece Incentives Law Aims to Draw in Investment

Deductions and Exemptions, leasing and interest subsidies, and a 12-year fixed tax framework are part of a new incentives law tabled recently and set for vote by the end of the month, Economy, Development and Tourism Minister George Stathakis and Secretary General for Strategic...
Posted On 06 May 2016

Third Greece Debt Deal Winds Up

Greece and the International Monetary Fund (IMF) have decided to cancel the current memorandum in order to avoid the payment of administrative charges associated with the program.
Posted On 23 Feb 2016

Greek VAT Scheme Seeking 2.4bn Euros May Take Toll on Tourism

The Greek government aims through last week’s decision to implement tax hikes across the board to bring a total of 2.4 billion euros to state coffers in the next 18 months.
Posted On 27 Jul 2015