Sales promotion

Thousands of candidates vying for posts in the upcoming local elections are expected to contribute a substantial 10 billion Turkish Liras ($323 million) to the economy through their promotional expenditures, a sector representative has said.

An intensive effort by Cyprus' Tax Department in recent months has resulted in rebates of over 70 million euros of excess taxes, with an additional €200 million expected to be paid, according to the head of the department, Sotiris Markides.

He emphasized that the Tax Department aims to clear all outstanding corporate and individual taxpayer rebates by the end of 2023.

An electronic platform allowing households to apply for a power bill rebates, to offset higher bills, will open on June 16, Greek Alternate Finance Minister Theodoros Skylakakis announced, although the government will try to have it up and running by June 15.

By George Gilson

Prime Minister Kyriakos Mitsotakis announced in a nationally televised statement this evening that the government will give households with an annual income of up to 45,000 euros a rebate equivalent to 60 percent of the energy price hikes that occurred from December 2021 and up  until this month.

With the goal of attracting big international film productions to Greece, an amendment will soon make its way to Parliament which will modify legislation regarding the cash rebate investment tool.

Changes in last year's ordinance on billing in Sofia's public transport have sparked controversy between supervisors and passengers. On this occasion, our team contacted the Executive Director of the Center for Urban Mobility to clarify the rights and obligations of passengers when using multi-trip tickets.

The nine-member local jazz act Voyages will perform spirituals by Duke Ellington and others at the Olympia Theater on Saturday, April 20, starting at 8.30 p.m. Admission is free of charge, with entry coupons being distributed at the theater at 1-5 p.m. on the day of the show.

Olympia Theater, 59 Academias, tel 210.364.2540

State revenues exceeded their target last year by at least 420 million euros, according to provisional data for December shared by Independent Authority for Public Revenue Director Giorgos Pitsilis with the agency's employees in a letter.

Pitsilis predicted that the definitive data, due in the coming days, will show an even greater overrun.

More Greeks may have gone shopping this Black Friday, but many appeared unhappy with the level of discounts that enterprises offered during the promotional events on and around November 23, a survey by the Athens University of Economics and Business revealed on Wednesday.