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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingand VAT revenues. The Finance Ministry has picked up on the friction which is also a source
6% -
Significant underspend pushes 8M primary balance to 7.57 bln
EconomyMacroeconomyin the collection of the current year’s taxes, such as VAT and excise taxes. The ministry also notes that much
6% -
Budget comfortably beats target up to Aug thanks to 2 bln excess taxes, 3.6 bln underspend
EconomyMacroeconomybillion euros. VAT revenues amounted to 16.8 billion, 532 million above the target. Excise tax
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Draft budget for 2025 sees 2.3 pct growth and strong primary surplus
EconomyMacroeconomybillion in 2024, with taxes rising to 68.72 billion euros, from 66.25 billion this year. VAT will rise
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Strong taxes and significant underspend push 9M primary balance 3.45 bln above target
EconomyMacroeconomyin the collection of the current year’s taxes, such as VAT and excise taxes. The ministry also notes
6% -
Newsletter 439 - 01/11/2024
plan, the increase in tax revenues from improving VAT collection and cracking down on tax fraud
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Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target
EconomyMacroeconomyof the current year’s taxes, such as VAT and excise taxes. The ministry also notes that the actual
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Final Oct budget execution data reaffirms solid primary surplus boosted by privatisation takings
EconomyMacroeconomybeat the target by 47 million euros. VAT revenues amounted to 21.49 billion, 20 million above
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PM accepts economic recovery not being felt by all, argues for more time
PoliticsGreek Politicsthe government for increases in energy prices. Finally, a resounding 91.5 pct believe that the VAT rate
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Newsletter 443 - 29/11/2024
a two-point reduction of VAT on certain basic goods. They tried to give the issue maximum prominence
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