Theory of taxation

The European Commission considers the period between 2025 and 2034 to be high-risk and critical for the sustainability of the Greek debt, after which, if it is overcome, in the long term and until 2070, Greece will be a low-risk country on this front.

The European Commission proposed on Wednesday that, under a reform of the EU's fiscal rules, governments should ensure public debt falls over four years and stays on a downward path for a decade afterwards.

Moody's Investors Service raised the outlook for Bulgaria's credit rating to positive from stable and affirmed the country's long-term foreign and local currency Baa2 rating. This was announced by the finance ministry.

The lump-sum taxation might be more appropriate for both the business environment and the National Tax Administration Agency (ANAF), given that 45,000 companies out of 1.2 million contribute 98 percent of the state budget revenues, Minister of Public Finance Eugen Teodorovici on Tuesday told the conference "Tax Policies for Financial Restructuring and the Support of the Business Environment." "

On the occasion of Greece's exit from the third adjustment program, it is worth evaluating its results. The first finding is that the program failed to achieve its ultimate objective: market re-access.

Ever more European states are trying to attract rich Greeks and other European Union nationals suffering from overtaxation at home.