POS throughout the economy

The government is proceeding with the expansion of card terminals (POS) in 35 sectors of the Greek economy from January 1, 2024.

According to the draft decision, 100% of economic activity is now covered and immediately after the passage of the tax bill, the conditions and fines for those who do not comply will be made public.

The decision will require all professionals to maintain professional accounts and accept all means of payment. Otherwise, fines of up to 1,500 euros will be imposed.

As an exception, it is stipulated that for the period from February 1 to March 1, 2024, the imposition of a fine on new debtors will be suspended if they have proven they have procured card terminals by January 1 and are awaiting their installation.

According to the draft decision processed by the Independent Authority for Public Revenue (AADE) and the ministries of...