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Newsletter 354 - 07/10/2022
, the Greek authorities resisted all calls to intervene in indirect taxation like VAT and excise taxes.... VAT is by far the biggest revenue contributor at 21.33 billion euros expected to have been... tourism, or even exceed it. This additional 20 pct from tourism only partly covers the VAT
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Party leaders dispute response to cost-of-living crisis
PoliticsGreek Politics. SYRIZA is also proposing to permanently cut VAT and other consumption taxes on fuel, basic goods... derailment and default. The premier insisted that measures such as reducing or scrapping VAT for certain..., the government has kept VAT on transport, coffee, non-alcoholic beverages, cinemas and tourism
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Newsletter 436 - 11/10/2024
revenues, and notably VAT. VAT intakes in 2023 were 23.45 billion euros and are seen closing at 25.25... of registered transactions, as well as higher VAT revenues. The measure was rolled out before the summer so... holds, it is beyond dispute that VAT and other indirect taxes have greatly benefited from persistent
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomy, and notably VAT. VAT intakes in 2023 were 23.45 billion euros and are seen closing at 25.25 billion... transactions, as well as higher VAT revenues. The measure was rolled out before the summer so..., it is beyond dispute that VAT and other indirect taxes have greatly benefited from persistent
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek Politics50,000 euros. No VAT change? However, the local media appears to be in agreement that one of the measures which is unlikely to be considered is reducing the VAT rate. Elevated VAT revenues, boosted... indirect taxes, including VAT. The conservatives argue that regardless of whether such cuts helped
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Newsletter 479 - 10/10/2025
, specifically VAT. This year will see strong budget revenues, with total taxes estimated to reach 70.88 billion... taxes and income taxes at roughly 37 pct. VAT has a prominent role, as it is expected to reach 53... billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due to beat the initial target
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Government budgeting on a late RRF sprint
EconomyMacroeconomyon indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... taxation at 55 pct of total taxes and income taxes at roughly 37 pct. VAT has a prominent role... are seen coming to 15.88 billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due
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Newsletter 25 - 08/05/2015
of a single VAT rate of 18 percent for almost all goods and services – it is difficult to imagine... at this juncture. This holding off on payments is expected to continue until an agreement is reached... of holding a referendum to throw the decision back to the Greek electorate is a popular idea among many
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Newsletter 103 - 20/01/2017
in VAT Tsipras is unlikely to bring up the prospect of snap elections unless he feels he has been put... by the enhanced fiscal mechanism Athens is working on. The coalition is also still holding out hope.... The unbundling process that was approved by the PPC EGM includes the establishment of a holding
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Athens revises projections in Stabilty Programme, sees more fiscal space in coming years
EconomyProgrammeconsidered include keeping the current level of tax-free threshold, reduce the base tax rate, lower the VAT... points, to 17.4 percent, still holding the lion’s share in the policy mix, followed by public..., with the Hellenic Fiscal Council holding this responsibility in Greece. The council finds
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