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Athens News Agency: News in English, 10-03-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <>


  • [01] PM: No tolerance for tax evaders
  • [02] NBG profits down 37% in '09

  • [01] PM: No tolerance for tax evaders

    (ANA-MPA) -- Prime Minister George Papandreou underlined on Thursday that "it's everyone's patriotic duty to contribute to taxes based on their true ability," speaking during an Inner Cabinet meeting held to discuss a new draft tax bill presented by the finance ministry, an initiative aimed squarely at dealing with tax evasion in the country.

    Papandreou said tax reforms outlined by the finance minister were a first, decisive step for the redistribution of income and an end to the favourable regime until recently enjoyed by a privileged few, with radical reforms to curb tax evasion.

    He also repeated that Greece is not asking and does not intend to ask for financial assistance from the European Union, nor from the International Monetary Fund (IMF), and clarified that going to the IMF would be a choice of last resort.

    [02] NBG profits down 37% in '09

    (ANA-MPA) -- National Bank Group (NBG) on Thursday said its 2009 net profits totaled 971 million euros, down 37 pct compared with the previous year, while pre-provisions and tax profits totaled 2.6 billion euros, up 2.0 pct over the same period, underlining the stability of the groupās business model even in periods of crisis, while it highlighted the significance of the geographical range of the groupās revenues sources.
    Athens News Agency: News in English Directory - Previous Article - Next Article
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