Greece: Authorities Confiscate Property on Mykonos and Santorini Islands
BalkanTravellers.com
The confiscated properties belong to people who own considerable real estate on the islands, known as two of the most expensive tourist destinations in Greece, the ANA-MPA press agency reported today.
The property confiscation is a sanction for their owners who had not paid their taxes by the deadline of June 30.
So far, out of the 990 debtors who own property on the Aegean islands, nearly 550 have paid them, thus putting a total of 1,044,000 euro into the state treasury.
Authorities, cited by the media, have warned that the property confiscation for those who have not respected the tax-filing deadline will continue.
As BalkanTravellers.com reported yesterday, Greece has taken extreme measures to persecute tax evaders in its efforts to reduce debt and increase revenue to the state budget.
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excellent smugs
