ATHENS – After saying there wasn’t enough money in state coffers – despite predicting 2.8 percent growth during the COVID-19 pandemic – to reduce a 24 percent tax on food, Greece’s Finance Ministry said it would abolish a 10 percent luxury tax on raw materials for the fur and silversmith industry.
That was hailed by Hellenic Confederation of Commerce and Entrepreneurship (ESEE) President Giorgos Karanikas who said that ending the tax was “an essential step for the survival of these industries,” providing goods, especially for the wealthy.
The move will still require a vote in Parliament but the New Democracy government has an 8-vote majority there and party lawmakers are told by Prime Minister Kyriakos Mitsotakis how to vote or could face being ejected.
Karanikas said the sectors had undergone several economic crises – as have Greek citizens hammered by harsh austerity measures – and that the decision will “help these two important sectors of the economy to continue their efforts to regain their competitiveness and growth prospects.”
ATHENS - The draft tax bill constitutes "an important reform for social justice," Prime Minister Kyriakos Mitsotakis said on Wednesday in Parliament, during the debate on the finance ministry's bill "Measures to limit tax evasion.
FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.
BCHARRE, Lebanon (AP) — Majestic cedar trees towered over dozens of Lebanese Christians gathered outside a small mid-19th century chapel hidden in a mountain forest to celebrate the Feast of the Transfiguration, the miracle where Jesus Christ, on a mountaintop, shined with light before his disciples.
NEW YORK — Jonathan Majors' former girlfriend testified Tuesday that the actor was prone to fits of explosive rage, an escalating pattern that she said ultimately led to her assault in the backseat of a car and his career-halting arrest this past spring.
LONDON — You won't see Tom Hanks on one of those space tourism flights that whisk celebrities and millionaires on a suborbital jaunt for a few hours.
LONDON — The generative AI boom has sent governments worldwide scrambling to regulate the emerging technology, but it also has raised the risk of upending a European Union push to approve the world's first comprehensive artificial intelligence rules.
DUBAI, United Arab Emirates — Russian President Vladimir Putin began a trip Wednesday to Saudi Arabia and the United Arab Emirates, hoping to shore up support in the Mideast from two major oil producers allied to the U.
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