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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeatures, including revised figures for the years leading up to 2017. In Greece, VAT revenues rose by 2.2 percent...The European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues. Instead, non-compliance
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Newsletter 485 - 21/11/2025
Beijing’s influence by boosting its own capabilities in other regions. Her remarks, which echoed the Trump... the 2.2% estimate for this year. Private consumption is expected to remain robust, though slightly more.... On a more encouraging note, exports are expected to double their growth to 4.5% in 2026, from 2.2
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Summit to usher in a new stage of EU-China relations
Agora. There has been a salvo of critical remarks that the Italian government signed a Memorandum... minister Wang Yi acknowledged recently, competition between China and the EU “may be inevitable
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Time running out for government action out as water crisis deepens
PoliticsGreek Politicsthere are no other options. It is the hour of decisions.” His remarks set the tone for a week in which regulators... Technical University of Athens (NTUA). Professor Christos Makropoulos confirmed that Attica is in a drought
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Budget primary balance to Aug beats target by almost 6 bln as VAT, income and property taxes drive revenue outperformance
EconomyMacroeconomyestimated to be collected in September to December. VAT revenues beat the target by 1.45 billion euros... refunds came to 3.58 billion euros, above the target by 704 million euros. Expenditure In August
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Newsletter 22 - 03/04/2015
After successfully covering its funding needs in March, which, at 2.2 billion euros (excluding..., ahead of their recapitalisation. The remaining amount of 310 million concerns the 90 percent of HFSF.... Unfortunately, this leaves policymakers with limited options. The type of measures that can
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Greek-Turkish tensions flare over Turkey’s bid to join SAFE
PoliticsForeign Policybe no discussion.” Fidan’s remarks came just two days after the German Foreign Minister visited Ankara..., Mitsotakis last week proposed a new initiative involving Cyprus, Egypt, Turkey, and Libya during... tensions. Media reports suggest Mitsotakis’ remarks coincided with diplomatic activity from Washington
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Amid signs of split over Tempe probe, government plays down EU prosecutor’s remarks
PoliticsGreek PoliticsThe government attempted to put a positive spin on the pointed criticism delivered by European Chief Prosecutor Laura Kovesi during her visit to Athens but Prime Minister Kyriakos Mitsotakis’s administration continues to be dogged by some of the issues ...
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Athens gets seat at Libya conference, but talks yield little
PoliticsForeign PolicyAn international conference on Libya ended in Paris on Friday with a commitment from the North... a schedule for the withdrawal of foreign forces from Libya. However, analysts and observers... of Libya and its people. “We reiterate our commitment to the success of the Libyan political process
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Migratory flows and maritime rights create Libya conundrum for Athens
PoliticsForeign PolicyThe issue of Libya is a concern again for the Greek government and its diplomats. However, this time problems with Libya do not only concern the internationally-recognised government in Tripoli... worrying developments for Athens. The first concerns the increased migratory flows from Libya
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