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  1. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    . It is noteworthy that the reduction of VAT in restaurants and catering by 10 percentage points to 13 percent

    2%

  2. Has internal devaluation really helped Greek exports?

    Economy

    access to bank credit, supplier cutback of credit, long waiting times for VAT refunds from the state

    2%

  3. Why tax evasion threatens to become endemic due to how Cyprus was bailed out
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    companies. The Value Added Tax (VAT), raised to 18 percent for most items, is a very tempting

    2%

  4. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    and restaurants, where prices slipped 3.0 percent. Note that the reduction of VAT in restaurants

    2%

  5. Greece closes 2013 with 691 mln budget primary surplus despite late investment spend

    EconomyMacroeconomy

    , this statement most likely refers to specific budget items such as VAT income from restaurants

    2%

  6. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    and restaurants' prices remains intact at 3.2 percent, following the reduction of the respective VAT rate

    2%

  7. Drop in CPI eased in Feb but Greece still firmly in deflation territory
    Photo by MacroPolis

    EconomyMacroeconomy

    where prices eased by around 3 percent. The latter mainly reflects the reduction of the respective VAT

    2%

  8. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    , streamlining VAT reduced rates and setting up a sufficiently high registration threshold, Additional

    2%

  9. EU Task Force sees progress on reforms and structural funds in Greece

    EconomyProgramme

    and VAT refunds. On improving the business environment, the TFGR said technical assistance has focused

    2%

  10. Paris talks mark start of Greece's most crucial troika review

    EconomyProgramme

    . The government is also aiming at retaining the VAT rate on accommodation and food services at 13

    2%