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  1. Newsletter 87 - 09/09/2016

    Newsletters

    in July stemmed from personal income tax (336 million), VAT (157 million) and corporate income tax (62... month to hit 4.13 mln in July. The European Commission report on the VAT gap revealed Greece’s... million. VAT revenues edged up by 0.7 percent to 12.68 billion in 2014, while the VTTL (the estimated VAT

    17%

  2. Report shows Greek tax burden increased in 2015, remaining above OECD average
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    percent of total taxation much higher than the OECD average ratio of 30.5 percent. However, VAT stood... the performance of VAT, the report presented the VAT Revenue Ratio (VRR), which measures the difference between the VAT revenue actually collected and what would theoretically be raised if VAT was applied

    17%

  3. Newsletter 209 -07/06/2019

    Newsletters

    in installments, reduced VAT rates, the return of the 13th pension payment, and the reversal... is already the highest as a share of GDP in the EU. Combined with VAT changes, the EC says... of measures that included a bonus pension and lower VAT rates for a number of processed goods

    17%

  4. Newsletter 323 - 14/01/2022

    Newsletters

    in January. There has been disagreement within the government about whether VAT on some goods should... not intend to reduce VAT but that its plans for tax cuts have not run their course yet. Opposition... of the minimum wage to 800 euros, cuts to VAT on basic goods and excise duty on fuel, an intervention

    17%

  5. Newsletter 499 - 20/03/2026

    Newsletters

    of the Ukraine war, pushing back against opposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections — the government argued that VAT cuts... and 36.92 billion in 2024. VAT revenues alone are expected to rise from 25.68 billion euros to 29.23

    17%

  6. Energy crisis puts squeeze on Greek fiscal policy
    Image: Chevron

    Agora

    opposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections (the government argued that VAT cuts would not work in the Greek context... revenues of 40.9 billion euros, up from 39.21 billion last year and 36.92 billion in 2024. VAT

    17%

  7. Newsletter 21 - 27/03/2015

    Newsletters

    adjustment of objective property prices that is not expected One minister suggested increasing reduced VAT... challenging fiscal conditions. Local media note that the thorniest issues so far relate to changes in VAT and privatisations, where there are conflicting views within the government. On VAT rates, Alternate

    16%

  8. Lack of time, lenders' demands back Greek gov't into corner
    Photo by MacroPolis

    PoliticsGreek Politics

    night denying this was the case. The statement said that the government would not increase VAT... liberalisation measures. Apart from the case of VAT on islands, the remaining references were vague... for Economic Cooperation and Development. The statement regarding VAT is much clearer but refers only

    16%

  9. This is how Greece kept its budget on track in Q1

    Agora

    On the revenue front, the target for January was exceptionally high as it was initially due to include VAT... the pre-election period as well the postponement of the VAT payment by one month had a marked impact on the revenue underperformance of that month. VAT payments in February did not result to any

    16%

  10. Greece submits proposals to lenders in hope of paving way for agreement

    EconomyProgramme

    key proposals: VAT The Greek proposal agrees the institutions’ proposal for a super-reduced VAT rate... and water (excluding sewage), while all other products and services will have a VAT rate of 23 percent... the VAT on islands, the government proposes the elimination of the 30 percent discount by the end

    16%