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Amid risk of 2015 re-run, Greece searching for deal with lenders
PoliticsGreek Politicsthe top rate of VAT from 23 percent to 24 may help reach the 1 percent of GDP target needed from
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Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
EconomyMacroeconomythe target by 148 million. In particular, VAT revenues rose by 5.8 percent to 3.4 billion, 156 million
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Asking Greece to stack more austerity measures ignores past failings
Agorataxes, notably VAT. The indirect tax intake was even lower than the previous year’s. At the same time
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EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
Economystem from the pension reform (1 percent), personal income tax reform (1 percent) and changes in the VAT
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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammeon Tuesday, the Commission revealed that these would include revenues from the standard rate of VAT rising
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Newsletter 72 - 06/05/2016
percent) and changes in the standard VAT rate (0.25 percent) as well as from adjustments in the public
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Greek tourism: Hopeful yet uncertain for 2016
EconomyFeatureshikes which could potentially impact Greece’s image as a cheap holiday destination, including a VAT
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Multi-bill tabled as Greece aims to take last step to completion of review
EconomyProgrammeimportant revenue sources relate to an increase in the basic VAT rate from 23 to 24 percent
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Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
EconomyMacroeconomyand other direct taxes outperformed by 162 and 40 million respectively. On the indirect tax front, VAT
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OECD sees economy picking up from second half of 2016, underlines need for reforms
EconomyMacroeconomyin 2017. In addition, increases in the standard VAT will raise headline inflation temporarily
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