Bar and salon owners among worst hit by new tax policies

Business 16 September 2024 12:57

The majority of freelancers continue their standard practice of reporting losses or meagre incomes, as evidenced by the analysis of their tax returns. Those who appear to report the lowest incomes are the owners of bars and hair salons, followed by restaurant owners and those who own car repair shops, CE Report quotes ANA-MPA.

Tags

Greece’s Economy: GDP Growth and Inflation Projections for 2024-2027

20 December 23:55

Greece’s GDP is projected to grow by 2.3% in 2024, accelerate to 2.5% in 2025, and then gradually decrease to 2.3% in 2026 and 2.0% in 2027, according to the Bank of Greece (BoG).

Moldova to Prioritize Domestic Renewable Energy Consumption Starting 2025

20 December 21:00

Starting January 1, 2025, Moldova will implement a mechanism allowing Energocom to prioritize purchasing renewable energy on the market to address domestic deficits.

Greece Records Second Lowest Food Inflation in EU for November

20 December 20:00

Greece reported the second lowest food inflation rate among the 27 EU member states in November, signaling a significant easing of supermarket cost pressures on households.

Moldova Increases Electricity Imports from Romania Amid Power Plant Limitations

20 December 18:00

Moldova’s electricity imports from Romania have surged in December 2024, as the Moldovan thermoelectric power plant (MGRES) operates with only two power blocks.

Government Proceeds with Reforms to Support Pensioners and Vulnerable Citizens

19 December 23:55

The Greek government is advancing a series of reforms aimed at boosting incomes for low-income pensioners and supporting vulnerable citizens, National Economy and Finance Minister Kostis Hatzidakis announced in Parliament on Thursday.

EU Renewable Energy Consumption Rises in 2023 but Remains Below 2030 Target

19 December 21:00

Renewable energy sources (RES) accounted for 24.5% of electricity consumption in the European Union in 2023, a 1.4% increase compared to 2022, according to Eurostat. Bulgaria saw a notable rise, with 22.58% of its electricity coming from RES, up 3.56% year-on-year, ranking it 14th among EU nations.

Croatia's GDP per capita, expressed in PPP, reaches 76% of EU average

17 December 23:00

According to the report from the Croatian Bureau of Statistics (DZS), Croatia's Gross Domestic Product (GDP) per capita, expressed in Purchasing Power Parity (PPP), reached 76% of the EU-27 average in 2023, and the same level was achieved by actual individual consumption (AIC) per capita.

Greece’s Economy Surges Amid Tourism Boom and Restored Market Confidence

17 December 21:00

Germany’s FAZ reports that Greece’s economy is performing exceptionally well, driven not only by a booming tourism sector but also by restored market confidence. International rating agencies now consider Greece an investment destination, with global giants like Microsoft, Google, and Pfizer establishing operations, alongside German firms such as Fraport, RWE, and Boehringer Ingelheim.

Romania's E-commerce Sector Reaches 3.4% of GDP in 2024

17 December 20:00

The value of e-commerce in Romania has reached 3.4% of the country’s GDP in 2024, amounting to €11.7 billion, according to a report by the Romanian Association of Online Stores (ARMO) citing estimates from the European E-commerce 2024 report.

Bar and salon owners among worst hit by new tax policies

Tags

Related articles

Most read

Press Releases

Features