Greek singer Antonis Remos, in an interview on Alpha TV’s “Autopsy,” expressed that Kyriakos Mitsotakis deserves to govern, while reflecting on Alexis Tsipras’s tenure and criticizing the Prespa Agreement as “criminal.” He emphasized artists should avoid political agendas and highlighted the tax burden on the middle class.
Tag: taxation
Greek households continue to face significant financial challenges despite a slight improvement in 2024, according to a survey by IME GSEVEE. The report highlights that 60% of households struggle to make ends meet each month, while 81.6% are unable to save. Rising costs for food and utilities remain a major concern, forcing many to cut back on other expenses. Public dissatisfaction with government policies is growing, with citizens calling for higher wages, stricter controls on profiteering, and lower taxes to ease the financial strain.
The Greek economy is set to grow by over 2% annually through 2026, fueled by EU funds and employment gains, according to an OECD report. While highlighting Greece’s recovery from its debt crisis, the OECD urged further reforms to enhance investment, competitiveness, and tax policy. Prime Minister Kyriakos Mitsotakis emphasised the nation’s progress in job creation and rising wages, while pledging continued reforms under Greece’s stable government.
PASOK leader Nikos Androulakis has outlined his vision for Greece’s future as his party becomes the main opposition, replacing SYRIZA. Emphasizing transparency, political ethics, and a focus on policies that address citizens’ daily challenges, Androulakis declared that PASOK’s goal is to defeat New Democracy in the next elections and bring systemic change to the country.
Former Greek Prime Minister Alexis Tsipras called for a leftward political shift and economic reforms at a conference in Piraeus on Tuesday. He stressed the need to reduce Greece’s reliance on tourism and real estate, advocating for social cohesion and inclusivity for the working class. Tsipras urged fair taxation and the development of a sustainable energy market, warning that failure to restore balance in the political system could lead to a dangerous shift to the right.
Greece is considering a new legislative regulation to exempt tips below a certain threshold from taxation, following a Supreme Court ruling that classified all tips as taxable income. The proposed regulation aims to provide relief for employees and businesses affected by the recent decision.
Greece’s Supreme Court has ruled that tips given to waitstaff and delivery workers are now considered part of their salary, thus subjecting them to taxation and social security contributions. This decision has sparked public outrage, especially as the government recently exempted luxury items from taxation, leading to calls to tip in cash to bypass these new taxes.
In a comprehensive address at the 88th International Exhibition of Thessaloniki, Prime Minister Kyriakos Mitsotakis outlined 45 new measures focused on boosting economic growth, enhancing social welfare, and addressing key challenges such as income disparity, housing, and demographics. These initiatives promise significant benefits, including increased salaries and pensions, support for vulnerable families, investment in education, and incentives for innovation and entrepreneurship, marking a strategic step towards aligning Greece with broader European standards.
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The government is exploring new tax incentives and regulations to promote long-term rentals over short-term rentals, including potential increases in tax rates for short-term income and limits on the number of properties that can be rented short-term. Expected decisions in September may impact property owners and rental markets significantly
Negotiations for a landmark sports deal between Nova and COSMOTE TV appear finalized, with an announcement expected by Wednesday. The agreement grants COSMOTE TV subscribers access to Nova’s Euroleague matches, while Nova subscribers gain access to COSMOTE TV’s Champions League games. This move tackles piracy and strengthens both platforms’ offerings.
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