Taxi owners in Greece, numbering in the tens of thousands, will have three weeks in order to place a special adhesive sign on their vehicle’s right rear windows.
The signs, with writing in Greek and English, inform would-be fares of the obligation that drivers have to accept payment with credit and debit cards.
Federations representing cab owners and drivers received the first batch of stickers on Tuesday, with the three-week deadline to apply as of Wednesday.
Failure to properly display the sticker can lead to the imposition of a fine of up to 1,000 euros.
Taxi unions have criticized the measure, with arguments claiming the sticker is too big and will impair drivers’ rear view, or, that signs in the vehicle are adequate.
Conversely, the government has stepped up and doesn’t appear to be easing pressure on self-employed professionals and businesses to register all transactions, in a bid to stamp out rampant tax evasion and avoidance.
Practically all businesses and professionals in Greece are now obligated to have the ability to allow customers to pay by card, or mobile-based platforms.
Source: tovima.com
Latest News
Civil Defense Warning For Inclement Weather in Central Greece
Notification issued to residents in the central Greece province of Thessaly, the south-central prefecture of Fthiotida, the large island of Evia and the Sporades Island chain
European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.
Greek State Budget Primary Surplus at €13.489bln Jan.-Oct. 2024
A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos
Euroxx Securities Raises Price Targets for Greek Banks
Looking ahead to the next three years, Euroxx predicts that Greek banks will lead in dividend payouts, with distribution yields exceeding 10%.
Greece Hits Lowest OECD Ranking in Living Standards, GDP
At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.
EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025
This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.
BofA: Greek Banks Becoming More Appealing
Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.
Internet Users in Greece Rise Exponentially, Survey Suggests
Those between the ages of 65 and 74 have shown a high rate of digital engagement, with daily usage over the past five years increasing by 61%.
Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91
DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).