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  1. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    on energy products (440 million) 4) Increase in the VAT rate from 23 to 24 percent (218 million) 5

    5%

  2. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    in September could also relate to potentially increased tax audits that could have yielded higher VAT

    5%

  3. Some progress in first round of talks but most second review issues remain unresolved
    Photo by MacroPolis

    EconomyProgramme

    and contributions that will be written off. It has been agreed that VAT debt will be excluded from

    5%

  4. Newsletter 94 - 04/11/2016

    Newsletters

    and VAT, and making company name search and reservation faster”. It also made paying taxes easier

    5%

  5. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    than expected revenue performance, mainly stemming from higher VAT revenues and corporate income

    5%

  6. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    -offs, while VAT debt will be excluded from any write-off. There are also several other key actions

    5%

  7. First day of review talks highlights differences as Athens eyes tight schedule
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    and contributions’ write-offs. The government suggests debt stemming from VAT and tax on salaries should

    5%

  8. Greece, lenders inch forward after talks on settlement of tax and bank debt
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    to VAT and tax on salaried work. According to a study presented by the General Secretariat of Public

    5%

  9. Greece and lenders make headway on review but labour reforms remain biggest obstacle
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    accepted the government proposal that VAT and salaried work tax debt should be excluded from any

    5%

  10. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (439.6 million) 4) Increase in the VAT rate from 23 to 24 percent, implemented as of July 1, 2016

    5%