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Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows
EconomyThe 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 VAT gap is a measure of VAT compliance and it is defined as the difference between the amount of the collected VAT revenues
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Newsletter 62 - 12/02/2016
at the moment, it has to adopt measures (such as VAT rises, pension cuts and income tax increases... of the country's predicaments Overcoming the psychological ring-fencing of Greece as a pariah within the EU... but in their minds, many have already excluded Greece, viewing it as somewhat of a pariah state within the eurozone
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Newsletter 170 -13/07/2018
not to increase the VAT rate on the five islands in question at the end of June. Although the fiscal... measures to make up for the 28 million euros in revenues that would be lost from not raising VAT... to commit that the VAT rate will be raised from January 1, 2019 on Chios, Kos, Leros, Lesvos and Samos
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Is VAT all you've got?
Agorathe most of the skeptical troika finally giving in on a longstanding Greek demand for VAT in the food... that the troika had begun listening to Greece. Indeed, the VAT reduction represents something.... The government hopes the VAT cut will boost one of the biggest employers in Greece’s all-important
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeraised objections to the way in which Athens decided to extend the discount on VAT on five Aegean... consultation over the decision not to increase the VAT rate on the five islands in question at the end of June... the VAT rate on five islands,” said ESM managing director Klaus Regling after Thursday’s meetings
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Androulakis presents vision for fairer Greece in response to PM’s tax cuts
PoliticsGreek Politics, and a VAT exemption threshold raised to 20,000 euros. Special financing channels will plug credit gaps... Program, and regional fertility centres will offer free genetic material storage. VAT on essential... brackets over four years, and further VAT cuts on basic goods—backed by market reforms and strict
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Does return to markets signal end of Greek crisis? The perils of ignoring macro-economic fundamentals
Agorabe credit creation by banks for the real economy, in particular SMEs in dire need of working capital. For more than three years the credit contraction in the Greek economy has been deepening, with lending..., they can turn to two recent reports by the international credit rating agencies Moody’s and Standard & Poor
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Timing factors and contained spending keep primary balance 2.89 bln above target in April
EconomyMacroeconomyare 2.11 million euros above the target. Taxes overshot the target by 323 million euros. VAT revenues... amounted to 1.31 billion. VAT revenues beat the target by 559 million euros. Income tax revenues came... euros. It has also received a new tranche from the RRF of 884 million euros.
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When will Greek banks operate as credit institutions again?
Agorasector, the credit transmission mechanism towards the real economy remains severely impaired. Two key...’ capacity to meet their repayment obligations on mortgages, credit cards and corporate credit. Greek... and Bank of Greece yearly data. Credit contraction to private households and businesses
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Tsipras tries to entice voters with VAT cuts and pension bonuses
![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]")
PoliticsGreek Politicsproducts 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
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