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  1. Opposition clashes with govt over high energy prices, cost-of-living measures

    PoliticsGreek Politics

    to emulate the approach taken by Spain, which recently announced that it would be cutting VAT... ahead rather than the spot market. Responding to opposition calls for a freeze in VAT and other... compared to a VAT cut which would save them 36 euros. The government maintains that only a portion

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  2. Newsletter 383 - 02/06/2023

    Newsletters

    outperforming considerably over the last year and half. This year alone, VAT on goods and services..., lower VAT rates in the short term are the answer. ND believes temporary stipends, like the Market Pass, are more appropriate. ND also notes that VAT interventions did not have the desired effects

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  3. Where is Greek growth coming from?
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    government, via its receipts of indirect taxes (VAT etc.) minus subsidies. The results are, again... taxes are booming in Greece and not in other countries. That VAT etc. is being used as an adjustment... that the country is mismanaged when a party in office adjusts the deficits by collecting more VAT

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  4. Newsletter 475 - 12/09/2025

    Newsletters

    designed to boost compliance. Remote islands will enjoy extended 30 percent VAT cuts, and nearly... Mitsotakis’s own policies stoked, and of ignoring VAT cuts on basic goods that would have delivered... for not implementing lower VAT directives, his opponents pounced on what they call arrogance and a rigid refusal

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  5. PM unveils 300 mln support package, pairing economic relief with major defence upgrade

    PoliticsGreek Politics

    at the pump by 16 cents per litre - roughly 20 cents with VAT - in an effort to prevent higher transport... caps to refineries and temporarily reducing the special consumption tax and VAT. SYRIZA said..., which have reduced fuel taxes. SYRIZA reiterated its own proposals for zero VAT on basic goods

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  6. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    , indirect taxes eased 3.8 percent to 5.44 billion, stemming from a moderate drop in VAT revenues... of target by 457 million, equally split between VAT and consumption taxes. On specific revenue... given until April 30, while VAT and excise tax on fuel underperformed targets by 288 and 137 million

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  7. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43... buoyancy effects would lead to a cumulative rise in VAT revenues by 1.4 billion (0.8 percent of GDP) over...) and the more effective tackling of tax evasion could lead to an improvement of VAT revenues. Furthermore

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  8. Greek primary budget surplus rises to 2.53 bln at end of September
    Photo by MacroPolis

    Economy

    euros, down 1.4 percent. They remained in line with the target. VAT and consumption taxes also...: personal income tax (by 416 million), other non tax revenues (by 451 million), VAT (by 145 million... involve: corporate income tax (by 479 million), other income tax (by 126 million), VAT of fuels (100

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  9. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    measures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent..., with yearly cost savings seen at 82 to 123 million 3) Increase of the VAT revenues through... more in VAT revenues. The government has also proposed some changes to the pension system, which

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  10. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    fiscal gap of 2.5 billion - to double the hotel VAT rate to 13 percent, aligning... in the VAT rate would bring additional direct VAT revenues of at least 350 million euros, whilst

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