Taxisnet opens.

fallen from 19.2 percent to 16.7 percent, but in Greece it soared from 23.2 to 28.4 percent in 2012, before slipping to 26.5 percent in 2015. The country’s illegal economy ranking fourth in the bloc relative to GDP hardly comes as a surprise, given that in 2016 four-member households in Greece had the sixth highest average tax burden compared to their counterparts in the member-states of the Organization for Economic Cooperation and Development, amounting to 38.2 percent of its income, when the OECD average was 28.6 percent. Still, the forum heard the deputy minister to the prime minister, Dimitris Liakos, say there is no scope for a reduction in taxation and social security contributions. He did admit, however, that changes are needed as there are certain distortions, noting that from 2020 to 2021 there will be some 3.5 billion euros of leeway for that purpose. on risk assets despite bearish signals such as a flattening US yield curve and a surprise move by China to cut bank reserve requirements, Bank of America Merrill Lynch strategists said yesterday. As a strong earnings season rekindled risk appetite, investors pushed money into US and emerging market equities, while they pulled out of European and Japanese stocks, BAML strategists said. Italian and Greek equities topped the chart of “overbought” areas of the stock market, indicating investors’ newfound appetite for European periphery markets.

The Taxisnet online platform for income tax declarations for 2017 incomes opened late on Thursday, after a long delay. Taxpayers will have to submit their statements by the end of June, and have the option of paying their dues in three tranches, with a July 31 deadline for the first installment.