FINANCE

problems-in-new-tax-form-submission
TAX STATEMENTS

The health crisis has affected the smooth submission of tax declarations, frustrating taxpayers and accountants this year as many are unable to complete the procedure.


support-of-e300-mln-for-airport-companies
PANDEMIC COMPENSATION

The bill for the support of Greek airports is now on its way to Parliament’s plenary for voting; it will allow the state to sort out the issue of compensation to Fraport – the consortium operating 14 regional airports – and to support Athens International Airport due to the restrictions the state imposed on air travel due to the pandemic.


all-seeing-eye-on-state-bodies
FINANCE

The Finance Ministry is planning an online platform, as part of the projects co-funded by the Next Generation EU fund, that will monitor the finances of the central administration as well as those of all general government entities and their assets in real time.

tax-breaks-may-continue-until-2025
TAXATION

More tax cuts can be expected as of next year and will likely be reflected in the Midterm Fiscal Strategy Program 2022-25 that the Finance Ministry is about to table in Parliament, possibly within this week.

brussels-to-confirm-nod-to-greece-2-0
EUROPEAN COMMISSION

The European Commission is expected to give its eagerly awaited nod to the Greek government’s national recovery program (“Greece 2.0”) next Wednesday, opening the way for the disbursement of 30.5 billion euros to Greece by 2026, with the first €7.5 billion set to reach the state coffers within this year.


state-cash-aids-tax-payment
FINANCE

The payment of tax dues recorded a significant improvement in March and April, according to data from the Independent Authority for Public Revenue.



targeted-state-support-is-key-to-recovery
FINANCE

State spending in the post-pandemic and post-ECB support period will be a crucial factor for national finances and recovery in the eurozone, as in Greece, especially regarding the utilization of the Next Generation EU fund, analysts tell Kathimerini.

eu-funds-to-help-enhance-equity-care
ECONOMY

Greece will use the money provided through the EU’s Recovery Fund – 18.2 billion euros in subsidies and €12.7 billion in loans, to be augmented by private capital – to aid vulnerable groups, small and medium-sized enterprises, the islands and culture, while also placing emphasis on training programs, government officials say.


red-tape-a-snag-in-cash-absorption
FINANCE

Greece stands to receive large “packages” from the European Union’s recovery fund, but their optimal management depends on overcoming bureaucratic hurdles, European Commission head of Regional & Urban Policy Carsten Rasmussen said on Thursday.

tourism-to-get-e420-mln-boost
FINANCE

Prime Minister Kyriakos Mitsotakis announced on Tuesday a liquidity grant of 420 million euros to all Greek tourism enterprises, after the European Commission confirmed its approval of state subsidies aimed at support pandemic-stricken sectors, in the context of the temporary framework to that effect.