x

Economy

Staikouras: Greeks Will Pay €860M Less ENFIA Tax than in 2018

ATHENS – From this year and on a permanent basis, Greek citizens will have to pay 860 million euros less Uniform Real Estate Property Tax (ENFIA) than they did under the SYRIZA government in 2018, Finance Minister Christos Staikouras said on Wednesday in Parliament, during the debate on a draft finance ministry bill that modernises the operation of the capital market and also reduces ENFIA.

He said the new reduction in ENFIA was calculated at 360 million euros in nominal value but the reduction in tax actually collected was forecast to be closer to 240-250 million euros “because experience has shown that when tax rates are reduced, collectability increases.” He noted that for every 1 pct increase in collectability, ENFIA (revenues) increased by 20 million euros.

RELATED

BOSTON - Greek Prime Minister Kyriakos Mitsotakis spoke at the 146th graduation ceremony of Boston College, held on Monday.

Top Stories

General News

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.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

General News

PHILADELPHIA – The Federation of Hellenic Societies of Philadelphia and Greater Delaware Valley announced that the Evzones, the Presidential Guard of Greece will be participating in the Philadelphia Greek Independence Day Parade on March 20.

Video

Mitsotakis Addresses Boston College Graduation Ceremony

BOSTON - Greek Prime Minister Kyriakos Mitsotakis spoke at the 146th graduation ceremony of Boston College, held on Monday.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.