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Athens News Agency: News in English, 11-01-25

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] Stricter tax bill to be unveiled in Cabinet
  • [02] Athens Newspaper Headlines 

  • [01] Stricter tax bill to be unveiled in Cabinet

    (ANA-MPA) -- A new tax code envisaging stricter sanctions against tax evasion, a lower corporate earnings tax and facilities for VAT payments will be unveiled by the government on Tuesday.

    The new draft law will be presented by Finance Minister George Papaconstantinou at a Cabinet meeting on Tuesday chaired by prime minister George Papandreou.(ANA-MPA)

    The new bill foresees immediate legal procedures for non-payment of VAT, establishment of a tax arbitration body aimed to offer rapid resolutions in tax cases, establishment of a financial crimes prosecutor at the finance ministry to deal with serious financial crimes, stricter penalties for tax inspectors, reduction of the tax rate on undistributed earnings from 24 pct to 20 pct, and payment plans for VAT remittances.(ANA-MPA)

    The ministry also plans to introduce a tax-card as a part of a plan to boost transparency in all transactions made between consumers and enterprises.(ANA-MPA)

    The Cabinet will also discuss two more bills by the finance ministry on regulating the gaming market and on deregulating the so-called closed professions.(ANA-MPA)

    More details on the subscriber's page of ANA-MPA | Subscription request form


    [02] Athens Newspaper Headlines

    The Tuesday edition of Athens' dailies at a glance

    The parliamentary fact-finding commission's report on the Siemens scandal and the economy were the main front-page items in Athens' dailies on Tuesday.

    ADESMEFTOS TYPOS: "Samaras calls for investigation of asset statements of all ministers since 1974".

    AVRIANI: "Report (by parliamentary fact-finding commission) on Siemens scandal devastating for the political system".

    ELEFTHERI ORA: "Invasion by illegal migrants at Athens University Law School".

    ELEFTHEROS: "PASOK, ND find guilty parties (in Siemens scandal) in their political 'cemeteries'."

    ELEFTHEROS TYPOS: "Sweeping changes in retail trade".

    ELEFTHEROTYPIA: "This is the proposal (containing alternative solutions) for the Greek debt (by the head of the European Support Mechanism)".

    ESTIA: "We are following a policy of bankruptcy".

    ETHNOS: "Athens University Law School an illegal migrants camp".

    IMERISSIA: "Stress test for 40 auxiliary funds".

    KATHIMERINI: "Tax evasion becomes a felony, under new tax bill".

    LOGOS: "Coming soon: Audits on political parties, too".

    NAFTEMPORIKI: "Overdue loans (to Greek banks in 2010) exceed 28 billion euros".

    NIKI: "Lock on DEKO (public utilities and organisations) by the (EU-IMF) Troika".

    RIZOSPASTIS: "Patriotism, for PASOK and ND, is the profits of the capital".

    TA NEA: "All insured workers in the state social security funds may opt for private doctors".

    VRADYNI: "Settlement of outstanding debts to the state with discount for the...'Kolonaki doctors' too".

    More details on the subscriber's page of ANA-MPA | Subscription request form

    Athens News Agency: News in English Directory - Previous Article - Next Article
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