The tax administration will invite more than 20,000 taxpayers to explain how they are able to spend more than they earn in early 2024.
ECONOMY
The tax bill was passed by the plenary of the Parliament on Thursday, which means that professionals will be taxed for the year 2023 in a presumptive manner.
More than 150 new store lease agreements are have been recorded in 2023 in the most popular spots of the country.
The Cypriot government and Chevron Corporation are moving forward with the update of the existing development and production plan for the Aphrodite gas field in Cyprus’ exclusive economic zone (EEZ).
This year’s AMVER Awards Gala Dinner is taking place next Friday, December 15, at the Athens’ Athenaeum Intercontinental Hotel, organized by the International Propeller Club of the United States, Port of Piraeus, in collaboration with the United States Embassy in Greece and the United States Coast Guard.
The benchmark of the market remained practically unchanged and banks suffered renewed pressure.
The door is now wide open for the entry of quality and long-term investors, who manage trillions of dollars, into the Greek bonds market.
Greece’s Minister of Social Cohesion and Family Sofia Zacharaki and the governor of the Central Bank of Cyprus, Constantinos Herodotou, will address the 29th Annual Christmas Gala 2023 in London on Saturday, organized by the Hellenic Bankers Association UK.
Jobseekers are using or planning to use the new artificial intelligence tool, ChatGPT, in droves, some even secretly without their employers’ knowledge, at the same time that the vast majority choose to develop new skills by taking online courses.
Not a single investment project in the context of business mergers and acquisitions has been submitted to the Recovery and Resilience Fund (RRF) to date for financing.
The buyout of 100% of the shares of Dixons South-East Europe SA by the Public Power Corporation is now at the Hellenic Competition Commission for review, the latter announced on Wednesday.
Labor Minister Adonis Georgiadis on Wednesday said that investment in the country’s human resources was a challenge for the long-term development of the Greek economy, during a discussion with Vassilis Kafatos, growth leader and Competence Center president at Deloitte and vice president of the American-Hellenic Chamber of Commerce, in the context of the 34th Greek Economic Summit.
A new boost is expected for the out-of-court mechanism for debt settlement.
Dursun Oguz, the so-called “interior minister” of Turkish-occupied Cyprus, announced new restrictions on land sales to foreigners in the occupied territories during his visit to Ankara.
Tourism Minister Olga Kefalogianni said the government is trying hard to prepare an even better future for Greek tourism, boosted also by the significant resources supplied by the European Union.
Mid-caps proved quite the attraction at the Greek stock market on Wednesday, taking the benchmark out of the red and into the black, with the vast majority of stocks ending up with gains on the day.
The European Union’s scrutiny of foreign investment suffers from blind spots because some EU members do not carry out screening and those that do have widely different approaches, the European Court of Auditors (ECA) said on Wednesday.
The Greek economy grew by 2.1% in the third quarter of 2023 compared with the same period last year, with the country’s GDP rising by 0.02% between the third and second quarter of 2023, the Hellenic Statistical Authority said on Wednesday.
More than three out of every seven public contracts are awarded following procedures in which there was only one tender, and even when there is more than one tender the average per procedure is only 2.6 participants.
Spanish fashion retailer Zara is expanding its used apparel scheme to Greece and another 13 European countries from December 12, Reuters reported the company as saying on Tuesday. Their ‘Pre-Owned’ service will sell, repair and donate second-hand clothes.
The collection of fines, penalties and charges that have already been imposed or will be imposed on businesses and individuals in 2024 is estimated at 1 billion euros.
There are currently 2,120 e-vehicle charging stations in Greece with 4,890 charging points, Hellenic Institute of Electric Vehicles (ELINHO) President Giorgos Ageridis said on Tuesday.
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