Displaying items by tag: overtaxation

The bill on the distribution of Greece's excess primary surplus in the form of a "social dividend", or 1.4 billion euros in one-off welfare handouts was tabled in Parliament on Tuesday night under a fast-track procedure.

New Democracy leader Kyriakos Mitsotakis reiterated on Wednesday the need for a different policy mix that will enable investments and reduce taxation on businesses during his visit to the island of Zakynthos.

The burden of taxes and social insurance contributions accounted for 43.4 pct of wages in Greece, sharply up from an average of 26.9 pct in OECD countries, a report showed on Wednesday.