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  1. More than half of Greek households rely mainly on pensions

    Society

    problems were food prices to increase, as they did last year when VAT on many food items went from 13

    6%
  2. Budget primary surplus jumps to 1.19 bln in Jan, largely on rising PIB revenues

    EconomyMacroeconomy

    of their target by 140 million. VAT revenues improved by 5.3 percent to 1.4 billion euros, which is 138

    6%
  3. Amid risk of 2015 re-run, Greece searching for deal with lenders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the top rate of VAT from 23 percent to 24 may help reach the 1 percent of GDP target needed from

    6%
  4. Discontent in SYRIZA simmers as Tsipras seeks to conclude talks with creditors
    Photo by MacroPolis

    PoliticsGreek Politics

    . Following reports last week that the government intends to raise the top rate of VAT from 23 to 24 percent

    6%
  5. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    the target by 148 million. In particular, VAT revenues rose by 5.8 percent to 3.4 billion, 156 million

    6%
  6. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    taxes, notably VAT. The indirect tax intake was even lower than the previous year’s. At the same time

    6%
  7. EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    stem from the pension reform (1 percent), personal income tax reform (1 percent) and changes in the VAT

    6%
  8. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    hikes which could potentially impact Greece’s image as a cheap holiday destination, including a VAT

    6%
  9. Newsletter 73 - 13/05/2016

    Newsletters

    VAT rate from 23 to 24 percent that would yield 0.25 percent of GDP, an increase in current

    6%
  10. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    important revenue sources relate to an increase in the basic VAT rate from 23 to 24 percent

    6%