Finance Ministry

The Treasury has announced it raised a total of 2 billion euros through a euro-denominated bond issue, bringing the total borrowing in international markets this year to $5.2 billion.

Earlier this week, the Treasury mandated Deutsche Bank, HSBC, JP Morgan and Societe Generale for the bond due 2030.

The high fees for card transactions whether through POS or e-commerce are an international problem that has mobilized the relevant regulatory authorities.

The Zaporizhzhia Nuclear Power Plant, currently under Russian control, is facing an increasingly precarious situation, with safety conditions worsening each day, according to Ukraine's Energy Minister.

The Economy and Finance Ministry has submitted to Parliament a draft taxation bill that foresees the establishment of a minimum tax rate of 15% for large multinational companies as well as large Greek groups.

The bill belatedly transposes a relevant European Union directive, that entered into force on January 1, into Greek legislation.

The number of new applications submitted by debtors to the platform for the out-of-court settlement mechanism reached 7,360 in February.

The number of new applications in February was more than double the number of applications in previous months - the average in 2023 was 3,400 new applications per month - and is a record high, according to a Finance Ministry announcement on Friday.

According to data released by the Treasury and Finance Ministry, the treasury cash balance posted a deficit of 198 billion Turkish Liras ($6.2 billion) in February.

Cash revenues rose from 208 billion liras in February 2023 to 563 billion liras last month, while expenditures leaped 100 percent to 761 billion liras.

Tax inspections will be speeded up in order to avoid issues of limitations, the Finance Ministry has decided.

Kathimerini understands that Deputy Finance Minister Haris Theoharis considers limiting tax investigations to one year, except for some more complicated cases regarding large businesses, including multinationals.

The Finance Ministry, in collaboration with the Independent Public Revenue Authority (AADE), is planning for the reduction of the withholding rate for those who have debts to the state and collect money or proceed with the sale of real estate. The reduced withholding will only concern those who are consistent with debt arrangements and pay their installments regularly.

More than 340,000 connections of cash registers to points of sale (POS) are pending for the new way of issuing receipts to start without problems, when payment is made with plastic money.

Parliament on Thursday ratified the draft law on the use of public property in coastal areas with the inclusion of some revisions that had been requested by social organizations.