FINANCE

Less growth, numerous risks
FINANCE

The Bank of Greece has lowered its forecast for this year’s growth to 2.3% from 2.5% and is fully aligned with the latest estimates of the European Commission, against the budget’s estimate for 2.9%.


Overshoot in 2023 budget takings
FINANCE

Tax revenues and the primary result of the budget in January and February exceeded the target, but this is largely counted in the 2023 budget, per the Finance Ministry.


Greece is ready to apply for fourth tranche from RRF
ECONOMY

Greece is among the leaders as regards the implementation of the national Recovery and Resilience Plan and one of just six EU member-states that has already submitted three payment requests to the Recovery and Resilience Facility (RRF), while a fourth payment request will be submitted in April, speakers at a Foundation of Economic and Industrial Research (IOBE) conference revealed on Thursday.

You’ve got mail, from AADE
TAXATION

About 1,500 taxpayers have received emails asking them to justify to the tax administration the huge differences that arise between their declared taxable income and expenses that they seem to have incurred.


Greek FinMin stresses importance of Capital Markets Union
ECONOMY

During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday, National Economy and Finance Minister Kostis Hatzidakis emphasized that economic development and social cohesion are complementary goals.



Unblocking small debtors at EFKA
SOCIAL SECURITY

The Labor Ministry will grant social security capacity to approximately 100,000 self-employed people with small debts to the Single Social Security Entity (EFKA) – from a few cents to 100 euros.

€89 mln disbursed to beneficiaries this week
ECONOMY

A total of 89,328,030 euros will be disbursed to 80,380 beneficiaries from March 11 to 15 as part of the scheduled payments of Electronic Exchange of Social Security Information (e-ΕFΚΑ) and the Public Employment Service (DYPA).


POS everywhere from April 1
FINANCE

All professionals belonging to the 35 branches of the Greek economy in which card terminals (POS) were not mandatory until now, have a deadline of 24 days to activate them.

Incentive for dues repayment
TAXATION

The Finance Ministry is planning for the reduction of the withholding rate for those who have debts to the state and collect money or proceed with the sale of real estate.