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Mitsotakis dangles carrot of more tax cuts as SYRIZA heads for leadership vote
PoliticsGreek Politicsare urging the government to reduce VAT rates and bring them closer to the EU average. The retailers argue... to reducing VAT, arguing that consumers will not see any gains as supermarkets and other retailers
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomyrevenues. VAT in particular, is expected to bring in 25.34 billion euros in 2024 and 26.67 billion euros... supermarkets themselves, to reduce VAT rates for certain goods, as supermarkets owners argue that even
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ND tries to pin 'populist' tag on PASOK as voters show little interest in fuelling two-horse race
PoliticsGreek PoliticsAndroulakis repeated his call for the VAT rate on key foods to be reduced. He also urged... published a social media video this week showing older clips of Mitsotakis proposing a VAT reduction
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Newsletter 445 - 13/12/2024
tax on bank profits, reducing VAT on basic goods and reduction of borrowing rates, in line... taxes make 38 billion euros, VAT alone is 26.67 billion euros. Income taxes stand at 25.21 billion
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomyof POS units with cash registries, which boosted VAT revenues, and the introduction of the objective...-of-living crisis, especially with respect to food prices: VAT rates were applied on goods whose prices
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Famellos presents struggling SYRIZA’s case, pleads for unity among progressives
PoliticsGreek Politicselements include: Tax overhauls: zero VAT on food and medicine for a year before reclassifying staples into a low-rate category; restoration of reduced VAT on all Aegean islands; fuel duties cut
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A varied set of views on China
Agoraof inferior quality to that of western goods. In short, while Greeks are not disposed negatively... in their eyes. Nor do they envy life and work in China, and find Chinese commodities of inferior quality
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What is the state of play with Greek banks?
Economybank in Greece from fourth a year ago. Over the same period, Alpha acquired Emporiki Bank from Credit... points over the next few quarters. The new hurdle Greek banks have to overcome is a new round of credit
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Bank of Greece sees 0.5pct growth in 2014 but warns of political risks
EconomyMacroeconomy) and weak loan demand are having a negative impact on credit expansion, which is expected to resume... to 29.2 percent, followed by consumer credit (up 5 pp to 43.8 percent) and housing loans (up 2.6 pp to 24
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Spain’s economic recovery languishes amid graft scandals
Agorain the euro zone after Greece- and in a sluggish credit flow. The Spanish Prime Minister, Mariano Rajoy... in housing and credit market conditions, lack of progress on fiscal consolidation raises concerns over
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