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  1. 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

    4%

  2. 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

    4%

  3. 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

    4%

  4. 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

    4%

  5. 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

    4%

  6. 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

    4%

  7. Greece enters second year of deflation as CPI falls 1.3 pct in March

    EconomyMacroeconomy

    mainly reflects the reduction of the respective VAT rate by 10 percentage points as of August 1

    4%

  8. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    of the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic

    4%

  9. 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

    4%

  10. 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

    4%