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Finance Ministry outlines plans for making savings, increasing revenues
EconomyProgrammein Parliament earlier this month, Mardas estimated that the streamlining of all public procurements... to tobacco smuggling are estimated at 800 million euros, while measures targeting their illegal trade could
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Greece sets out broad reform plan for lenders' approval
EconomyProgrammeinto a national priority. A key pledge relates to fuel and tobacco products’ smuggling (with estimated revenues... not have any negative fiscal effect. Bear in mind that the estimated cost of the SYRIZA’s first
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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammelevel of 23 percent to 15-18 percent. Multiple benefits? Varoufakis did not indicate the estimated... to tackle VAT evasion, which is estimated at around 9.5 billion euros a year. This is an extremely high
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economyestimated in the 2015 budget also due to higher revenues from the fees paid by Greek banks for the issue... million by the end of the year. The initial target for collections from this scheme was estimated
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Referendum and the ECB to determine the future of Greek banks
Economywill continue operating with the ELA liquidity of last Friday which is estimated close to 90 billion... then, it is estimated that the ELA liquidity buffer has been reduced to around 25 billion. Assuming
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Greece submits proposals to lenders in hope of paving way for agreement
EconomyProgrammerevenues estimated at 200 million 2) Increase the corporate tax rate by an additional one percentage point (to 29 percent) with estimated revenues of 130 million. Pension reforms The government fully adopts
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeprices. The study shows that the estimated total burden on the average household from the VAT... Accounting Office (GAO) report that accompanied this week’s bill, budget revenues are estimated
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European Commission evaluates impact of bailout programme
EconomyProgrammeperiod is estimated to stem from pension reforms (1.9 percent of GDP) followed by VAT (1.1 percent... is estimated to increase revenues by around 1 percent of GDP with current VAT revenues accounting
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Study shows deep impact of capital controls on retail sector
Economyand August retail turnover is estimated to have declined by 14.9 and 17.3 percent respectively... trade is estimated to have dropped by 12.6 percent or 1.33 billion euros to 9.25 billion
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
Economybetween the amount of VAT that is actually collected and the estimated VAT amount... as the ratio between the VTTL and an “ideal” VAT revenue estimated by applying the standard VAT rate
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