Ministry of National Economy and Finance
Overdue payments land Greece in the dock
The European Commission has referred the Greek state to the European Court because of its long-standing practice of paying off its commitments to its citizens and suppliers whenever it wishes. The cause is a long-term delay in paying the hospitals' commitments, which total 1.3 billion euros.
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Higher primary surplus in 2023
Last year's primary surplus in Greece proved significantly higher than the budget estimate for 1.1% of gross domestic product, reaching 1.9% of GDP and making it easier to meet this year's target of 2.1% of GDP.
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Route back to payment plan
The Ministry of National Economy and Finance and the tax administration are providing 215,000 state debtors with the possibility of rejoining the arrangements they have dropped out of, as long as they hurry up to pay all the outstanding overdue installments of their payment plans by April 29.
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Fiscal confidence displayed through stability program and midterm plan
The Ministry of National Economy and Finance intends to display its confidence in fiscal stability and responsible fiscal policy, both with the initial scenario for the Stability Program that will be sent to Brussels by the end of April, and with the Midterm Fiscal Plan until September 20.
State to woo and monitor debtors
The state could collect up to 1.2 billion euros if all those who dropped out of their tax debt arrangements apply for reintegration. For those who do apply, there will be a single monitoring authority.
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Launch of special digital information platform marks new era in borrower services
As of Monday the obligation of credit managers to put into operation the special digital information platform for borrowers to provide personalized information is in operation.
The Ministry of National Economy and Finance established this obligation in order to improve the provision of services to borrowers and to effectively deal with communication difficulties.
Greek Finance Ministry happy with Moody’s verdict
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E-invoicing is on the way
The government and the tax administration (AADE) are in talks with the European Commission about the implementation of electronic invoicing by businesses.
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Mobile app for invoice issue
Taxpayers and businesses will be able to issue invoices and consignment notes through their cellphones, while at the same time they will be able to make tax payments.
Essentially, the company's accounting will be in an app designed by the Independent Authority for Public Revenue (AADE), which will be activated within the year.
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Tax refunds go unclaimed
Tens of millions of euros related to value-added tax refunds remain unclaimed from the tax authorities. According to information, the traces of the beneficiaries have been lost by the tax office and none of them has come forward to inquire about them.
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