Taxation in Greece

Ministerial decision expected on possibility of ceding property instead of paying inheritance tax

A ministerial decision allowing citizens unable to accept an inheritance for tax reasons to cede property instead of paying inheritance taxes was expected to be announced in the near future, the ANA-MPA news agency reported on Thursday.

Unilateral ban on repossessions

The state will cease repossessions of properties with a taxable, or "objective," value up to 300,000 euros on the condition that they are the debtors' main residences, Alternate Finance Minister Tryfon Alexiadis claimed on Thursday, although the country's creditors are certain to oppose the plan, while the ministry has issued guidelines to tax authorities regarding how to safeguard the state's

State land encroached on by citizens

The phenomenon of appropriating state land is huge in Greece, according to figures submitted in Parliament yesterday by Alternate Finance Minister Tryfon Alexiadis.

Even local authorities have been found to have usurped state land, while in Attica alone eight out of 10 state properties have been breached by private parties.

Govt seeks way to break deadlock with farmers

Angry Greek farmers have expanded their protest action against the government’s planned pension and tax reforms by blocking more highways and through the closure of a border crossing to Bulgaria. On its part, the Radical Left Coalition (SYRIZA) government is making concerted efforts to keep its composure and is persistently asking for dialogue to open.

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