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Draft tax bill introduced in Greek Parliament to change taxation of stock options
  • Baker McKenzie
  • Greece
  • April 9 2010

On March 24, 2010, a draft tax bill was filed with Greek Parliament which proposes to change the income tax treatment of stock options granted to employees in Greece.

Rep. Carolyn Maloney requests hearings on Greece’s debt transactions
  • Alston & Bird LLP
  • USA, Greece
  • March 1 2010

Late last week, Rep. Carolyn Maloney (D-NY) sent a letter to House Financial Services Committee Chairman Barney Frank (D-MA) requesting that hearings be held on U.S. financial firms’ involvement in the elements of the debt crisis currently facing Greece, following following various recent news reports that Greece's debt is being "exacerbated by financial institutions which are trading derivatives on the likelihood of a sovereign default" and that financial institutions sold debt to Greece in a way which "shrouded that debt, keeping it secret from the public."