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  1. Opposition unable to join forces over recognition of Palestinian state
    Photo by MacroPolis

    PoliticsGreek Politics

    Kaklamanis requesting a special session to “update and confirm” a 2015 resolution when the House agreed

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  2. Government dismisses early elections as opposition call foul on rule of law debate schedule
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a set timeframe, accusing the Speaker of Parliament Nikitas Kaklamanis of colluding in a perversion

    23%

  3. Newsletter 333 - 01/04/2022

    Newsletters

    VAT on specific food products temporarily to ease the burden on consumers, who have seen... will not be pressured”, he stressed, “and I say the same to SYRIZA”.EconomyHigher VAT revenues give government... liberal economic credentials, the government is of the view that any reduction in VAT could be lost

    23%

  4. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    also notes that VAT revenues to GDP stayed almost stable at 7.1 percent in 2012, slightly above... percent in 2012 remaining above the OECD average of 19.5 percent. Greece’s standard VAT rate of 23...) among eurozone countries. The report acknowledges that the average standard VAT rate of the 21 OECD EU

    21%

  5. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    respectively. VAT revenues, in particular, increased by a mere 11 million to 13.63 billion euros in 2015. There is a lot of discussion about the effectiveness of the VAT reshuffling implemented in 2015, when the VAT rate on a large number of goods and services increased from 13 to 23 percent in July coupled

    21%

  6. Newsletter 101 - 23/12/2016

    Newsletters

    the year with some festive cheer in the form of its lenders agreeing that the pension bonus and VAT... the 617-million-euro payment to some 1.6 million pensioners and the decision to maintain the discount on VAT... and credit cards after the imposition of capital controls in July 2015 had a positive impact on VAT

    19%

  7. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT... for tax law (VAT) form the largest proportion (47 percent) of administrative burdens amounting to 1.54 billion. The key recommendations include: Remove inactive VAT taxable persons from the VAT

    18%

  8. Gap of 555 mln emerges in three key taxes in July ahead of a crucial September for revenues

    EconomyMacroeconomy

    ) provided an update on the collection of key taxes, namely personal and corporate income tax and VAT... of the year were fairly insignificant. The collectability rate of VAT also stood at relatively high..., punctual payments of VAT resulted in revenues of 5.57 billion euros, corresponding to 84.5 percent

    18%

  9. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    from VAT reform of 680 million euros in 2015 and 1.36 billion in 2016. The latter is higher than... VAT rate from 6.5 to 6 percent and a reshuffling of products and services in the other two VAT rates of 13 and 23 percent. The new low VAT rate of 6 percent will cover only medicine, books and theatre

    17%

  10. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    milestones for the first programme review. In mid-July, the government legislated a VAT reform aiming to generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super... percent for basic food, energy, hotels and water. In addition, the 30 percent discount on VAT rates

    17%