Payments

Greek tax authority enhances efforts against tax evasion with new digital app

Greece's Independent Authority for Public Revenue, known as AADE, is gearing up to intensify its efforts against tax evasion this summer with the introduction of a new digital tool called "ELEGXOSLive." The aim is to enhance tax compliance in Greek islands and other tourist areas.

SMEs can secure cheap credit

As of Thursday all small and medium-sized businesses have access to up to 75% cheaper loans compared to the average interest rate applying today, which is between 7% and 9%, through the three new funds launched by the Hellenic Development Bank (HDB), becoming available by all commercial banks.

University tuitions skyrocket, students in dire straits

Students who have had difficulty in paying the increased tuition fees at private universities now have been surprised by the new exorbitant increases announced for next academic year.

The increases in tuition fees of private universities exceeding 200 percent have been drawing the reaction of students since the beginning of the 2022-2023 academic year.

Romanians Hosting Ukrainian Refugees Complain of Delay in Payments

Romanians hosting Ukrainian refugees say they did not receive any promised financial subsidies from the government in the last two months, in January and February.

According to official statistics, around 73,000 Ukrainian refugees are currently sheltering in Romania following the Russian invasion of Ukraine starting on February 24, 2022.

NGOs critical of subsidies for industrial energy consumers

Ljubljana – Responding the government’s recent decision to subsidise large companies due to rising energy prices, environmental NGOs Umanotera and Focus said on Monday that subsidies for large industrial consumers of energy are socially inequitable and “make a mockery of climate efforts”.

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