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How big is the gap separating Greece and the institutions?
EconomyProgramme, it is clear how difficult a task it will be to reach a compromise. VAT On VAT, the institutions insist... to this year since the new VAT rates will be effective from July 1. Apart from the total estimated proceeds, a key difference lies with the allocation of products in the VAT rates. In particular
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Newsletter 32 - 26/06/2015
to Thursday’s meeting of eurozone finance ministers. Starting from VAT, the institutions demand net.... However, the key differences relate to the reshuffling of products and services in the three VAT... proposes it apply to food, water and hotels. Another thorny issue lies with the 30 percent VAT discount
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgramme. These measures relate to VAT and tax issues and the legal independence of the Hellenic Statistical.... VAT On VAT, the draft bill sets the new basic rate at 23 percent. For pharmaceuticals, books..., while hotels VAT rate previously at 6.5 percent doubles to 13 percent. The abolition of the 30
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Newsletter 48 - 23/10/2015
participation can be expected in the second half of November. Few lessons learnt in school VAT mess SYRIZA now... this week as the haphazard way in which the government handled the issue of imposing VAT on private... lenders, the coalition finally decided to apply a 6 percent VAT rate for private tuition schools
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomypercent 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
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Newsletter 209 -07/06/2019
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
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Newsletter 499 - 20/03/2026
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
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Energy crisis puts squeeze on Greek fiscal policy
Agoraopposition 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
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Newsletter 21 - 27/03/2015
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
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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsnight 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
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