Quantcast
logo

Greece passes new tax increases

  • The Greek parliament passed a series of tax rises on Saturday in a bid to lift at revenue in line with Athens' pledges to international creditors.

    The measures, which were approved overnight, introduce a new top tax rate of 42 percent for Greeks who earn more than $56,000 a year.

    Corporate rates have also gone up and the tax base now includes low-earning farmers.

    Explore the geography of Greece with the help of a map, click Greece Map