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  1. Tsipras faces challenge in turning promise of China trip into reality
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    to Parliament as a draft law. In the wake of the meeting, COSCO chairman Xu Lirong announced... the resistance it is meeting from port workers, who have been holding rolling strikes over the last

    75%

  2. Greece's 2015 budget: A breakdown of all the key figures

    EconomyMacroeconomy

    taxes mostly related to VAT. In addition, Public Investment Budget (PIB) revenues are anticipated... a positive impact on general government fiscal figures of 852 million (0.47 percent of GDP) in 2013

    70%

  3. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    provided in the press report. Revenues from tax offices, including VAT and single property tax (ENFIA) revenues, are higher from last year but lower than target. In January VAT revenues reached 1.33... to the one-month extension provided to taxpayers to pay their obligations. VAT revenues

    69%

  4. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    percent increase of value or number of card transactions resulted in an average increase of VAT... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt... and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card

    67%

  5. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    reflects weak income tax and revenues from VAT. In particular, income tax plummeted 47.5 percent to 519 million euros, 479 million short of target, while VAT dropped 16.3 percent to 1.33 billion, 321 million lower than target. The revenue shortfall stems from the extension of the VAT payment until

    66%

  6. Tsipras tries to entice voters with VAT cuts and pension bonuses
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    products from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT

    65%

  7. Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
    Photo via https://flic.kr/p/j1gHCm

    PoliticsGreek Politics

    evasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks

    65%

  8. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    in the VAT rates applied as of July 20. This is because the price observations usually take place in the middle of each month. Thus, ELSTAT stresses that the implications from the VAT rate streamlining... on prices from the VAT reshuffling that will have an impact on the headline figure as of August.

    62%

  9. Greek deflation decelerates to 1.5 pct due to VAT rate hikes
    Photo by MacroPolis

    EconomyMacroeconomy

    in August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate

    62%

  10. Govt proposes property VAT reduction to kickstart home sales

    EconomyFeatures

    The government is taking measures to reduce the VAT on all properties built from 2006 onwards... homes onto the market without a VAT of 24 percent for the next three years. The announcement... the measures on VAT, the new government promoted a business-friendly image from the moment they launched

    62%