Tax competition

Greek tax increases top OECD chart

Greece is the last decade's tax hike champion among the 35 member-states of the Organization for Economic Cooperation and Development, according to a new OECD report.

The report, which reflects the huge burden imposed on Greek taxpayers, shows that Greece remains the global leader not only in the sum of taxes but also in categories such as consumption taxation and property levies.

Tax borders to close for Greeks

The Finance Ministry is attempting to make the country's tax borders less porous for Greeks through a legislative intervention and the exchange of information with cooperating states, in a bid to put an end to the phenomenon of enterprises and professionals establishing themselves as residents of countries with lower tax rates, as well as to put pressure on businesses that have already shifted

Greece’s new sustainable growth model is based on entrepreneurship and manpower

Greek Economy Minister George Stathakis said that entrepreneurship combined with high-quality manpower, strengthened exports and stable taxation are the main points of the new sustainable growth model. Speaking to daily newspaper Avgi on Sunday, he announced that the new growth program will set forth a strategy through which the country will move towards a positive course.