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  1. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    percent of GDP, while the respective figure for VAT stands at 3.5 percent. In addition, lost revenue

    4%
  2. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    . On the indirect taxes front, VAT revenues continued heading north at an accelerating pace. They rose by 24.9

    4%
  3. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    of Piraeus and Thessaloniki. On the price front, higher VAT and increased steel prices coupled

    4%
  4. Drop in CPI slowed to 0.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    VAT rate from 23 to 24 percent was implemented, with estimated revenues of 0.25 percent of GDP

    4%
  5. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    ) relates to income taxes and social security contributions and 1.2 billion to VAT. Overall, Endeavor

    4%
  6. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    in the 6-month period to 4.15 billion, 319 million above target, while VAT recorded a similar

    4%
  7. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    and reaming the key contributor to the revenue overperformance. In particular, VAT revenues fell

    4%
  8. Mitsotakis pledges tax cuts, looks for party balance and broad appeal

    PoliticsGreek Politics

    to reduce VAT from 23 percent to 13 percent in the food service sector, against the wishes

    4%
  9. MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
    Photo via Flickr https://flic.kr/p/r7FCCf

    Economy

    revenues relates to VAT, followed by social security contributions (16 percent), property transfer tax

    4%
  10. Newsletter 90 - 30/09/2016

    Newsletters

    in the eight-month period, of which 1.18 billion relates to VAT, almost 400 million to personal income tax

    4%