Tag: Economy Ministry

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German Arms Exports to Türkiye Reach Two-Decade High

Germany has approved arms exports to Türkiye worth 230.8 million euros, the highest in nearly 20 years. This development suggests a shift in policy after years of reduced exports following Türkiye’s political and counterterrorism actions. Chancellor Olaf Scholz defended the decision, emphasizing NATO ties, while potential sales of Eurofighter jets highlight evolving defense relations. The increase has faced criticism from some political factions within Germany.

tax

Greek Economy Ministry Unveils Key Changes in New Tax Bill

The Greek Ministry of Economy and Finance has introduced key changes in a new tax bill, including a tax-free allowance for tips, the abolition of the entrepreneurial tax for freelancers from 2025, and a revised tax return schedule with discounts. Reforms to the Independent Authority for Public Revenues (AADE) are also included, allowing for the potential renewal of the governor’s term.