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Capital controls to be abolished ahead of schedule
EconomyBankingcollection and VAT rates were noted as the banking restrictions altered consumer behaviour, and more
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek Politicsboosting growth and improving debt sustainability. In such a benign scenario, higher growth rates than
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesto reduced VAT rates and the ‘exemption gap’ representing the respective loss as a result of exemptions
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Newsletter 220 -20/09/2019
of its financial position through the extension of its debt maturity profile at very attractive rates
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Government looks to review visit for nod on tax package
EconomyProgramme22 to 9 percent for incomes up to 10,000 and cutting marginal tax rates by one percentage point
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Second day of review yields progress, work needed on fiscal front
EconomyProgrammeinterventions to contributions and replacement rates. There was no ambiguity on the expectations
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New waste strategy dials down recycling targets, promises to address landfill problems
PoliticsGreek Politicsfor composting. Chatzidakis wants to see recycling rates raised to 30 percent by 2029, and composting
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PMI at 53.6 points in September, employment slows
EconomyMacroeconomythe long-run series average of 49.8. Production rates remained strong in the goods sector despite
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyof the country’s potential and lead to higher growth rates. Fiscal On the fiscal front, the Finance
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Industrial turnover falls by 8.1 pct in August
EconomyMacroeconomyaverage of 49.8. Production rates remained strong in the goods sector despite a general slowing
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