Alexiadis: Partial amnesty for funds repatriated from Swiss banks

1 April 2016
750 Views

The Alternate Minister of Finance Tryfon Alexiadis announces that there will be a a partial amnesty for all those who repatriate their funds for Swiss banks.

In an interview for Bloomberg, Mr. Alexiadis explained that “we won’t be forgiving everything, but we will give incentives so that people participate”.

According to the Alternate Minister, the government is going to reduce the relevant charges and fines, while undeclared funds will face a 10% to 15% tax.

Finally, he noted that the coalition government is currently negotiating the legislative initiative with the institutions.

You may be interested

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths
GREECE
shares37 views
GREECE
shares37 views

Coronavirus Greece: 2,215 new cases, 451 intubated, 32 deaths

makis - Mar 05, 2021

Greece announced that the new laboratory-confirmed cases of coronavirus recorded in the last 24 hours are 2,215, of which 15…

Great city routes to explore on foot in Athens
ART
shares41 views
ART
shares41 views

Great city routes to explore on foot in Athens

Panos - Mar 05, 2021

Athens reveals its best charms to those who put one foot in front of the other! Whether you’re looking to…

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis
DEFENCE
shares53 views
DEFENCE
shares53 views

Jerusalem Post: Turkey tries insulting Egypt, Greece in imaginary maritime deal – Analysis

Panos - Mar 05, 2021

Turkey has invented a new “reconciliation,” after attempts to spread propaganda stories of “reconciliation” with Israel failed last year. In…

Leave a Comment

Your email address will not be published.