Increases in tax rates across 2017 by the application of new tax scales and methods of calculation for tax payable by the self-employed did not lead to higher revenues for the government in 2017, according to the latest data from ELSTAT.
The hotly anticipated venture capital fund, EquiFund, which aims to foster business growth in Greece was officially launched by prime minister Alexis Tsipras on Monday.
In recent weeks the Greek government has come under sustained criticism from the main opposition party, New Democracy, for its management of the public sector.
A survey by the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) has revealed that the number of shuttered shops in Athens’ city centre has dropped to its lowest level since 2012.
New figures from Eurostat have shown vast discrepancies between hourly labour costs across the European Union’s member states and the eurozone in general.
The Ministry of Finance (MoF) and the Hellenic Corporation of Assets and Participation (HCAP) have presented its five year plan for the so-called "super-fund" regarding the use of public assets between 2018-2022.
On Wednesday 21 March, a familiar scene played out outside the offices of a notary in central Athens. A few dozen protesters organised by the anti-austerity “I Won’t Pay” movement and the political parties Popular Unity and Course for Freedom clashed with police as they tried to obstruct the scheduled auctions of foreclosed properties.
Data from the Labour Ministry has shown that a higher percentage of non-salaried workers will pay a minimum monthly social security contribution this year compared to last year, though the average amount payable has declined year-on-year.
The world of Greek politics is being consumed by a price-fixing scandal centred on the Swiss pharmaceutical company Novartis, and its alleged links to senior Greek politicians between 2006-2015.
A study by the General Confederation of Greek Workers (GSEE) has stated that lower wages during the crisis resulted in greater profit margins for companies rather than lowering prices.