Objective values determined in areas outside the system despite municipalities’ inactivity
Deputy Minister for Economic Diplomacy & Openness Kostas Fragogiannis raised the significance of green development for the future of Greece’s economy at the 5th German-Hellenic Economic Forum, held online this week. Addressing the event titled “Vision of Growth-Emblematic Investments,” the minister noted that “the way forward for the Greek economy cannot but rely on alternative energy sources...
The shifts in the map of taxable rates for properties, known as “objective values,” are expected to send transactions soaring in areas where the biggest hikes are planned to apply from January 2022. Estate agents and notaries estimate that many taxpayers will scramble to prepare property sale contracts by the end of the year so as to avoid the additional burden from the 3% tax on the objective...
ENFIA will be overhauled in 2022 to avoid any hikes for owners except for undertaxed areas
The eighth edition of the annual Tourism Awards was celebrated in grand style at Zappeio Hall in central Athens on Friday. Among the enterprises distinguished this year were Athens International Airport, Costa Navarino, Eurobank, hotelBrain, Celestyal Cruises, Minoan Lines, Attica Group, the Regional Authority of South Aegean, the City of Athens, the City of Iraklio, Ekdromi.gr, Ikos Resorts, Phaea...
Economy contracted by just 2.3% y-o-y, and even grew 4.4% from Q4 of 2020
The UK’s decision to keep Greece, Spain and other popular destinations on its list of countries where quarantine is required for all returning visitors has sent jitters across the European tourism industry. The relegation of Portugal to the “amber” list, down from the “green” list, meanwhile, has only added to the industry’s woes. The immediate result of the decision has been a barrage in...
The fifth Greek-German Economic Forum, titled “Vision of Growth – Emblematic Investments,” runs on Tuesday with the participation of nine top government officials from Greece and Germany. The event is organized by the German-Greek Chamber of Commerce and Industry. For more information and to arrange business-to-business meetings visit:...
Reduction to property tax calculation rates could offset the increase in objective values