-
PBO draws attention to effects of climate crisis on public finances
-
Moody's ups GGB rating by two notches, on par with S&P and Fitch
-
Return to investment grade overshadowed by flood destruction
-
Scope Ratings second to give Greece investment grade as attention turns to key players from Sep
-
New 15-yr issuance and bond switch smooth maturity profile further, although at steep yield
-
Bond re-opening with 4 pct yield completes debt strategy for year
Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

The European Commission (EC) published a report on Tuesday examining the evolution of the VAT gap in EU countries based on the most recent data available, from 2014.
The report showed that the VAT gap in the EU stood at 159.5 billion euros in 2014, down by 2.5 billion from the 2013 figure. In addition, the VAT gap as a percent of VTTL landed at 14.1 percent in 2014, marking its first decrease since 2011.
Full Access
A tailor-made service for professionals
Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.
Free Access
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
Standard Access
Our analysis and data at your fingertips
Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.
€500.00