Finance Ministry

The Finance Ministry and the tax administration are looking for solutions so that professionals stop hiding their actual incomes - i.e. taxable material - through fictitious expenses. 

Small and medium-sized businesses are increasingly interested in the Recovery Fund's loans, which would allow them to cut their financial costs in half at a time when interest rates are rising. 

It is currently estimated that 35, or one-third, of the 106 contracts signed for Recovery Fund loans are for small and medium-sized enterprises.

The Treasury and Finance Ministry has made a tax deduction of about 90 million Turkish Liras from more than 10,000 YouTubers.

A simple taxation procedure has been introduced for those who produce content on social media and develop mobile applications.

Cyprus's state apparatus was knocked offline on Tuesday after a water leak in a room housing central government servers, forcing an emergency shutdown.

The leak, discovered in the basement of the Finance Ministry on Monday afternoon, also knocked out the state telephone network, but that was back up on Tuesday morning, officials said.

A draft law on managing assets confiscated over criminal activity was the last Finance Ministry bill to be voted in the plenary before elections.

The bill was approved in principle by ruling New Democracy votes alone.

The Treasury and Finance Ministry has said it raised $2.5 billion in a green bond issuance maturing in 2030.

The ministry earlier this week mandated Bank of America, ING, J.P. Morgan, and Standard Chartered for the U.S. dollar-denominated green bond.

A total of 381 investment plans, with a combined budget of 12.12 billion euros, have been submitted to the National Recovery and Resilience Plan, Greece 2.0, the Finance Ministry said in a report on Thursday.

Small tax debtors are making use of the favorable provisions offered by the Finance Ministry, entering the 72- or 120-installment arrangements that have been instituted, or even the fixed arrangement.

BELGRADE - An International Monetary Fund (IMF) mission completed on Wednesday the first review under the current 24-month stand-by arrangement with Serbia, in place since December 2022, the Serbian Finance Ministry said on Wednesday.

In a statement, it said all objectives to date had been accomplished and that the IMF Board of Governors was due to approve the first review in June.

A German company linked to France's state-owned producer of military vehicles Nexter Systems has expressed an interest in the acquisition of the majority of the shares of the new Hellenic Vehicle Industry (ELVO), known as Hellenic Vehicle Industry.