Corporate taxation in Greece is burdensome and anti-competitive, the Hellenic Federation of Enterprises (SEV) says in a report published on Thursday, stressing that Greek taxes also fail to draw revenues above the average rate of other European countries that as a rule have lower corporate taxation.
Prime Minister Alexis Tsipras is expected to discuss the name dispute with the Former Yugoslav Republic of Macedonia (FYROM) during his meeting today with German Chancellor Angela Merkel at the informal summit of 27 European Union leaders in Brussels on Friday.
Despite reactions, the state is planning to confiscate salaries, pensions, bank accounts and property assets from 1 million taxpayers during 2018, according to the business plan of the Independent Authority for Public Revenue, which was published on Thursday.
The surprise sovereign rating upgrade by Moody’s and signs of a recovery on Wall Street boosted activity on the Greek stock market on Thursday, with buyers regaining the upper hand and trading volume posting an improvement.
Lawmakers have approved the sale of a 67 percent stake of the Thessaloniki Port Authority in Greece’s second largest city, in a deal worth 232 million euros ($285 million).
British artist Arabella Dorman adjusts her work “Suspended” at the Canterbury Cathedral, in Canterbury, southern Britain, on Thursday. Dorman's installation is created from 1,400 items of discarded refugee clothes found on the beaches of the beaches of the Greek island of Lesvos and hung from the ceiling of Canterbury Cathedral. The artwork will be on display through May 16. [Neil Hall/EPA]
Greek President Prokopis Pavlopoulos (r) speaks with his Irish counterpart Michael D. Higgins during talks in Athens Thursday. Pavlopoulos underlined the need for an end to the austerity policies that are broadening social inequality within the European Union and fueling populism. Higgins, for his part, said that EU member-states should be able to offer basic rights to their people while also sharing a common vision for a strong Europe. Ireland exited its international bailout in 2013, when Greece was at the peak of its sovereign debt crisis. [EPA]
Greece has extradited Artur Dzhioev, one of the leaders of a notorious criminal organization, to Russia, according to the RIA Novosti news agency Thursday.
A livestock farmer on the eastern Aegean island of Lesvos was released on Thursday pending trial on charges of illegal arms possession after opening fire on a group of migrants he claims were trying to steal his sheep on Wednesday.
Police in Athens were Thursday investigating the circumstances surrounding the deaths of a 65-year-old man and his 63-year-old sister, who were found dead in their home in the suburb of Aghios Dimitrios on Wednesday night.