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E.Tsiliopoulos

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OECD: Recommendations for VAT increases, abolition of tax exemptions

As the political debate on VAT reductions in the country is “ignited”, the OECD published its annual report on Greece on Thursday and recommends that the government limit or abolish low VAT rates, remove tax exemptions for pensioners, and increase taxes on “unhealthy” habits and products such as tobacco or anything containing sugar, salt, etc.

Foreign man arrested on European warrants

A 57-year-old foreign national was apprehended by Hellenic Police on Monday, having been sought by the authorities of Luxembourg in connection with offences against property and economic offences.