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Press: Tax alarm

08/12/2011 07:04
The major issues in today’s financial press are the meeting organized by the President of the Republic on December 14 for the collection of taxes and other debts to the state, the strikes of the trade unions and the Land Registry data on the deeds of sale until November.

The “Economy” inset of newspaper “Phileleftheros” refers to the extraordinary meeting organized by the President of the Republic on December 14 for the uncollected taxes. According to the report, the President believes that if he wins the bet of the lost taxes satisfactorily, the government will have a financial and political benefit. On the other hand, the Income Tax supports that the collectable sums do not exceed €420 million.

Elsewhere the newspaper refers to the Council of Ministers’ meeting yesterday, which approved the governmental measures.

Other headlines:

- Painless protest – 3hour strike decided by the general trade unions meeting

- Troika requested effective measures

- They were informed about the growth

- Parliament insists on retirement in 64th year

The “Economy” inset of newspaper “Politis” refers to the trade unions’ strikes. According to the report, it was decided that the employees in the public and semi-governmental sector will go on a strike on Thursday, December 15. On the same day, they will march outside the Finance Ministry and the Parliament, which will examine the state budget 2012.

“Politis” also reports that according to Land Registry data, the deeds of sale fell to 485 in November from 741 in the corresponding month of 2010.

Other headlines:

- Lack of liquidity pushes credit card use up

- It might lose €1.5 million – AD Shopping Galleries

- EC: Promotes measures for the improvement of the social entrepreneurship

- New losses of 0.19% in the CSE

The “Economy” inset of newspaper “Simerini” refers to the General Auditor’s report for 2010, which talks about uncollected taxes to the state of €1.5 billion, €1 billion of which concerns uncollected money from the IRD. IRD General Manager, Giorgos Poufos questioned the data, stressing that the debts to the state amount to €601 million, €422 million of which are really collectible.

The newspaper also highlights that the bills on most of the measures agreed on Friday at the Presidential Palace will be submitted to the Parliament today.

Other headlines:

- Summit in Brussels – They want to save the euro area

- Payment of taxes with credit cards via the internet

- Individual investors not exempted from “haircuts”

- New losses in the CSE

The “Economy” inset of newspaper “Haravgi” refers to the three-hour strike in the public sector on Thursday, December 15, 2011.

“Haravgi” also reports that members of the opposition talk about the expansion of the retirement age to the 64th year in both the private and the public sector.

Other headlines:

- IRD: Debts at €601m

- CAIR starts flights to Brussels again

- Payment of duty of €350 via internet

- Long list of development proposals

The newspaper “Alithia” refers to the Summit in Brussels in the afternoon. According to the report, the measures that are on the table against the debt crisis are tough and have aroused strong feelings.

The “Economy” inset of the newspaper refers to the meeting organized by the President of the Republic for the collection of taxes and other debts to the state.

Other headlines:

- Payment of taxes via the internet

- Flights to Brussels again - CAIR

- Industry necessary for Europe

- Cooperation between Central Bank and Dubai