E-payment proliferation reduces VAT gap
Digital tools and the prevalence of electronic payments over cash transactions have helped restrict tax evasion and brought a big part of Greece’s “invisible” economy into the formal economy.
Digital tools and the prevalence of electronic payments over cash transactions have helped restrict tax evasion and brought a big part of Greece’s “invisible” economy into the formal economy.
Intense activity is expected in the coming weeks regarding dozens of public-private partnership projects that are in various stages of the tender process.
Alternate Finance Minister Nikos Papathanasis, responsible for the Recovery and Resilience Facility, submitted two requests to the European Commission on Monday for the disbursement of funds from the Recovery and Resilience Facility (RRF), totaling €1.17 billion.
A new record in acquisitions and mergers is expected in 2025.
Greece’s revised public contract with Hellenic Train involves total investments of €420 million and new rules with stricter clauses for the railroad, the Infrastructure and Transport Ministry said on Monday.
The agricultural sector is experiencing a prolonged shock. Natural disasters, sheep pox and now the rushed transition to a new subsidy distribution system have sparked justified anger among honest producers.
Nearly one in three people in Cyprus are living on a low income.
More than one million households are expected to receive the advance payment of the heating allowance by Tuesday, December 23, authorities said.
Minister of Development and Investment Takis Theodorikakos held a working meeting Monday with representatives of Greece’s road transport and transit sector to discuss the challenges facing the industry and ways to strengthen its competitiveness.