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Newsletter 412 - 16/02/2024
as the budget continues to perform strongly in the new year, largely thanks to VAT outperformance, which
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Government's proposals for draconian sentencing deemed unenforceable by opposition
PoliticsGreek Politics-day strike at the end of the month to demand a permanent VAT discount and to protest against new
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Mitsotakis hits back on multiple fronts as SYRIZA sets out its economic pledges
PoliticsGreek Politicson profit margins for the electricity markets and refineries, lower VAT rates for basic goods, discounts
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Budget continued to outperform in Feb, delivering 3.4 bln primary surplus
EconomyMacroeconomyVAT. The full revenue breakdown will be provided in the final budget execution bulletin due later
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Budget outperforms in Mar, delivers 2.95 bln primary surplus thanks to strong tax collection
EconomyMacroeconomy, as well as the better performance in the collection of the current year’s taxes, notably VAT. The full
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Mitsotakis tempers expectations for EP vote, Kasselakis talks up prospects
PoliticsGreek Politicsunrealistic economic policies, such as scrapping VAT for basic foods. He argued that this would cost
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Corporate taxation, underspend lead to 3 bln primary surplus in March
EconomyMacroeconomymillion euros. VAT revenues amounted to 5.88 billion, 16 million below the target. Excise tax revenues
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Opposition takes aim at cost of living
PoliticsGreek Politicsand a windfall tax on banks. SYRIZA is also proposing to permanently cut VAT and other consumption
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PM appeals to Brussels over high prices, sparking opposition scorn
PoliticsGreek Politics. SYRIZA is also proposing to permanently cut VAT and other consumption taxes on fuel, basic goods
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Primary surplus of 3.28 bln confirmed for Apr as timing and taxes support budget
EconomyMacroeconomybillion euros. VAT revenues amounted to 8.17 billion, 215 million above the target. Excise tax
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