XpatAthens

XpatAthens

Thursday, 19 February 2015 13:19

Change To ENFIA Dues For Owners

The ENFIA property tax that 565,000 owners have to pay will be reduced compared to the original amount, following the processing of modified property statements (E9) on the Finance Ministry’s Taxisnet online platform. There are 65,000 property owners whose payments will be reduced by at least 300 euros, but they will have to produce documents to justify that.

There also are some 400,000 owners who will see a small rise in their ENFIA dues as a result of the corrections they have made to their official property status.

More than 3.1 million modifications to the E9 forms had been submitted by December 30, with 1.4 million changes concerning taxpayers’ 2014 property status. The other modifications concerned previous years. Owners will be allowed to make more changes to their E9 for previous years, but that will incur a 100-euro fine per form changed.

To read more, please visit ekathimerini.com

By Prokopis Hatzinikolaou

Greek households will be able to offset electricity cost by installing photovoltaic systems and providing electricity both to themselves and to the power grid, according to a decision signed on Tuesday by the Deputy Environment Minister Makis Papageorgiou.

The offsetting system, known as "net metering", allows households and companies that produce their own electricity through photovoltaics to share it with the local utility company that then credits them for it against the cost of electricity it provides to them.

The new smart meters will measure both the energy consumed by the producer (e.g. a household) and that provided to the utility grid. In a household's case, the bill issued every four months will factor in incoming and outgoing energy; if the incoming energy is greater, the household pays the difference, if it is the lesser of the two, the household will be credited for the next four-month cycle. A final statement will be issued at the end of the year, after which any surplus will not be carried over.

To read more, please visit thetoc.gr/eng

Heavy snowfall and icy conditions in many parts of Greece have resulted in several roads being closed to traffic in the north, as well as in mountainous regions in central Greece and near the capital, Athens. On Mount Pendeli, north of Athens, the stretch of Pendeli Highway from the 414 Military Hospital to the Aghios Petros junction has been closed off by orders of the police. Snow was also falling at midday in the capital's northern suburbs, though it has not hampered travel.

Northern Greece has seen the heaviest snowfall from a cold snap that swept into the country in the early hours of Tuesday, with police shutting down parts of the rural highways leading from Kastoria to Florina and to Ioannena.

There is also no access to the ski resorts of Vorras in Pella and Kalavryta in the northern Peloponnese, while on the island of Evia, motorists are advised to avoid the stretch of road between Halkida and Edipsos.

Motorists, especially in rural and mountainous parts of the country, are advised to limit their travels and to ensure that all necessary precautions have been taken, such as having snow chains for their vehicles.

To read more, please visit ekathimerini.com

The third and final vote in the first phase of the critical Presidential elections is set to take place at noon today. Should the government-sponsored candidate Stavros Dimas not be elected today, then general elections will take place on the 25th of January or 1st of February.

In order to secure Mr. Dimas’ election the coalition government will have to secure the support of 180 members of parliament. In the first vote Mr. Dimas received 160 votes and in the second he received an additional 8. In order to reach 180 votes, Mr. Dimas would have to attract the votes of MPs from the Democratic Left and Independent Greeks.

At present it seems unlikely that early elections will be avoided, as senior government officers have predicted that Mr. Dimas may receive a maximum of 173 or 175 votes. Nevertheless, should more MPs be considering to change their vote, they will do so at the final moment.

To read more, please visit tovima.gr/en

Thursday, 19 February 2015 13:16

Paperwork For Taxpayers Living Abroad

Authorities are asking taxpayers who are resident in other countries to prove they are indeed based or employed abroad. The Finance Ministry’s General Secretariat for Public Revenues has issued a circular offering guidelines regarding the documents that must be submitted for taxpayers based abroad to be recognized as such. Unless the necessary papers are produced, they will be considered as residents of Greece and be asked to pay the amount of tax that Greek legislation provides for.

The taxpayers in question, who may have submitted some of the documents required or none at all, are at any rate obliged to provide the certificates that will confirm they have indeed moved their residence or their main professional activity to another country. Greeks living abroad will need to produce the following documents:

– Papers confirming that the taxpayer and their dependent family members are permanent residents of another country, such as a certificate from the state or municipal or other recognized authorities, proof of children’s education or home rental contract, or proof of owner residence abroad if that applies.

– A tax residence certificate, issued by the foreign tax authority, that illustrates that the taxpayer is resident in that country. If the taxpayer has settled in a country that has an agreement with Greece to avoid double taxation and has an income from this country, they can produce an application to avoid double taxation that carries the tax residence certificate and is in both languages.

To read more, please visit ekathimerini.com

By Prokopis Hatzinikolaou

Thursday, 19 February 2015 13:15

Full Speed Ahead For Elections

Despite the government gaining the support of 168 MPs in yesterday's second round of the presidential ballot, an improvement on the 160 votes it obtained in the first round, it looks increasingly difficult to garner the required 180 and avert snap elections early next year. Everything will be sealed on the third and final round of voting at noon on the 29th of December.

Until then there will be ongoing discussions in the background as a last resort to convince MPs to switch their votes and support the candidate.
 
Based on what we know now, even if the coalition manages to draw a few more MPs from the pool of independents or even the parliamentary groups of DIMAR and Independent Greeks the magic number of 180 needed to elect president in the third round of the presidential ballot remains very difficult to achieve. So despite the efforts, the understanding is that after December 29th the country will go to snap elections.

The way things stand now, the best case scenario is for the coalition to attract as many as 174-175 MPs which still leaves it short of electing Stavros Dimas but can be used as a powerful argument ahead of elections. The government will insist that the presidential ballot was a close call and the impasse was caused by Syriza's irresponsible stance. New Democracy hopes that in the case of snap elections it will be able to overturn the projected opinion poll results that put Syriza ahead. The pre-election campaign will be characterized by tough rhetoric and dilemmas by both sides in order to rally support.

To read more, please visit thetoc.gr/en

By Anna Zafiri

Thursday, 19 February 2015 13:14

Second Vote In Parliament Concludes

The second vote for the critical Presidential elections took place shortly after noon in Parliament, where as expected, the Assembly failed to elect a new President. The MPs will vote for a third time on the 29th of December.

In total 168 MPs supported the candidacy of the sole Presidential candidate Stavros Dimas, while 131 MPs voted against him and one MP as absent for the vote. This result marks an improvement over the first disappointing -for the government- vote.

In order to avoid snap elections, the coalition government will have to secure the support from a further 12 MPs in order to reach the goal of 180 votes in the Presidential election. Should Parliament fail to elect a new President, then general elections will called, with the 25th of January being the likeliest date.

The coalition government saw MPs Spyros Lykoudis, Grigoris Psarianos, Kostas Giovanopoulos, Christos Aidonis, Mika Iatridi, Panagiotis Melas, Stathis Boukouras and Chrysovalantis Alexopoulos.

To read more, please visit tovima.gr/en

Prime Minister Antonis Samaras on Sunday presented a compromise solution to end a political stalemate that looks likely to send Greece to early general elections in about a month's time. Speaking in an unscheduled televised address to lawmakers in the country's 300-seat Parliament just two days ahead of the second of three rounds of voting for a new president, Samaras called for consensus over the government's presidential candidate, Stavros Dimas, saying that the election of a new president would be followed by the formation of an "expanded" government of "pro-European parties."

He also appealed for lawmakers to hold the current Parliament together so as not to interrupt the process of a constitutional review, saying that general elections could then be scheduled "even by the end of 2015."

This first time the premier has conceded that elections could take place before June 2016, when the coalition government's four-year term expires. Samaras also stressed the need for negotiations with the country's international creditors to be wrapped up before any polls take place, saying that "we cannot be swamped in an electoral battle right now."

"Let us complete the negotiation and the constitutional reform and then we can find the timetable for elections even by the end of 2015."

Launching an attack on main opposition SYRIZA president Alexis Tsipras and the leader of the Independent Greeks, Panos Kammenos - the latter in relation to claims by a party deputy, Pavlos Haikalis, that he had been offered a bribe to back the government's candidate - Samaras said "this unfounded string of accusations about the bribing of deputies, which are always proven untrue, cannot continue."

To read more, please visit ekathimerini.com

Thursday, 19 February 2015 13:13

Corfu To Operate Greece's 1st Hydroplane Strip

Merchant Marine Minister Miltiades Varvitsiotis and Deputy Infrastructure and Transport Minister Michalis Papadopoulos have signed a decision paving the way for the country’s first hydroplane strip at the Ionian island of Corfu.

The strip, which is to be operated by the island’s port authority, will be able to serve Greece’s first fleet of hydroplanes and improve connections between the island and mainland Greece.

The aim of the initiative is to boost tourism on the Ionian islands. Authorities hope to follow up with several more hydroplane strips on other islands in the Ionian and beyond.

To read more, please visit ekathimerini.com

The European Commissioner of Economic and Monetary Affairs Pierre Moscovici has favored a much lighter and less invasive supervision of the Greek economy. Mr. Moscovici, who recently visited Greece, argued that despite the huge public debt and the high rate of unemployment Greece has returned to financial growth and urged taking advantage of this development.

An agreement for the much-discussed emergency conditions credit line is likely to be approved and implemented after the current bailout program concludes. This credit line will be accompanied by supervision of the country’s finances, but to a lesser extent than before.

To read more, please visit tovima.gr/en

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