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Taxes
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EconomyProgramme
Lenders highlight risks of 'short-term popular' measures unveiled by government There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus for pensioners.
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EconomyProgramme
Athens plans to use cash buffer to create fiscal leeway for expansionary measures The package of expansionary measures announced by Prime Minister Alexis Tsipras on Tuesday is due to be covered by the fiscal space the government expects over the coming years but also creates some doubt about the primary surplus targets agreed with the lenders.
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PoliticsGreek Politics![Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]](resources/toolip/img-thumb/2014/08/18/zappeio_myrto_1808-medium.jpg "Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]")
Tsipras tries to entice voters with VAT cuts and pension bonuses Prime Minister Alexis Tsipras unveiled on Tuesday at a press conference the package of fiscal expansionary measures that the government has been planning for the last few months, hoping that this will sway voters ahead of the May 26 European and local elections, as well as the national vote later this year.
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EconomyProgramme
Ministers unveil lengthy payment schemes for unpaid taxes and contributions The government is due to table in Parliament on Monday draft legislation paving the way for debts to the tax office, social security funds and municipalities to be settled in up to 120 monthly instalments.
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EconomyMacroeconomy
New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln The month-on-month rise in Greece's new tax debt came to 1.37 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
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PoliticsGreek Politics
PM aiming to unveil expansionary fiscal measures after Easter The government is preparing a series of permanent and one-off fiscal measures aimed at providing taxpayers with relief ahead of the European and local elections coming up in May.
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EconomyProgramme
Athens holds fire on debt schemes, prepares tax relief measures The government is hoping in the coming days to wrap up draft legislation for the new payment schemes it wants to introduce for social security and tax debts.
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EconomyProgramme
Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus The Greek government and the opposition have been given some encouragement in their goal to avoid the pre-legislated reduction of the tax-free threshold for incomes by European Commission vice president Valdis Dombrovskis.
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EconomyFeatures
Greece tax wedge rises two places to 13th highest among OECD countries, report finds The Organisation for Economic Cooperation and Development (OECD) has published a bulletin on the taxation of wages in various countries which shows the high levels of tax that Greek workers’ wages are subject to.
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EconomyProgramme
IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions The International Monetary Fund (IMF) published on Tuesday its latest edition of the World Economic Outlook (WEO) ahead of the Spring Meetings that take place in Washington this week, leaving its projections for Greece’s key macro data unchanged from the first post-monitoring report issued in mid-March.