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Permanent residents are taxed on their worldwide income in Greece. [2] An individual in Greece is liable for tax on their income as an employee and on income as a self-employed person. In the case of an individual who is a permanent resident of Greece, their tax owed is calculated on their income earned in Greece and overseas. An individual ...
For the first half of the twentieth century, immigration mostly flowed outwards from Greece. At the turn of the century, the majority of Greek immigrants migrated to the United States; from the 1950s to the 1970s, migration flowed towards other European countries, mainly the Federal Republic of Germany, where there was a labor shortage in the rebuilding process after the second world war.
When in a non-EU country where there is no Greek embassy, Greek citizens have the right to get consular protection from the embassy of any other EU country present in that country. [11] [12] Greek citizens can live and work in any country within the EU as a result of the right of free movement and residence granted in Article 21 of the EU ...
The workweek is about to get a lot longer for some employees in Greece. ... time will receive 40% extra during the additional eight hours—and 115% of their normal salary if they work on a holiday.
The Greek island of Santorini is being rattled by dozens of tremors, prompting authorities to close schools and airlines to announce additional flights on Monday to help people leave the popular ...
Greece’s coast guard on Tuesday rescued 52 people crammed onto a sailing boat anchored off an uninhabited island far from the country's mainland, authorities said. A private vessel initially ...
Reduced value-added tax rates for islands are to be abolished completely by the end of 2016, with enforcement staggered across three groups of islands from October 1, 2015 to January 1, 2017. Interest on expired debts to the state that are payable in 100 installments is to rise from 3 percent to 5 percent on amounts over €5,000.
Greece experienced a sustained depression with the onset of the Global Financial Crisis, as real GDP per capita declined by 20% over the period 2007–2017. [25] Greece entered into the longest and largest depression for a modern middle- or high-income country. [25] By April 2010 the government realized that it would need a rescue package.
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