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  1. Newsletter 381 - 19/05/2023

    Newsletters

    , such as suspending primary residence auctions and lowering VAT, before new elections would be called. However...: A marathon, not a sprintGreece is holding general elections on Sunday, May 21. The Agora returns

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  2. Opinion poll offers Mitsotakis encouragement in quest for majority
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    actually increased taxation by refusing to lower VAT during the cost-of-living crisis. He said... for the centre-right party is holding as the new election campaign gets underway. It is no surprise, therefore

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  3. Accommodation and food services index up 7.6 pct in Q3
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , the recent government proposal to double the hotel VAT rate to 13 percent, aligning... that the hike in the VAT rate has a direct positive impact on VAT revenues by at least 350 million euros... from doubling the VAT rate would lead to 2.6 million fewer tourist arrivals next year, with travel

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  4. Greece's imminent funding problems: All the numbers you need
    Photo by MacroPolis

    EconomyProgramme

    breakdown showed the underperformance mainly stemmed from lower income tax and VAT revenues by 479 and 321... categories relate to the extension by one month of the deadline for VAT payment granted by the previous... on this revenue source in February. However, VAT revenues could increase in February. In spite

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  5. The key points from lenders' proposals to Greece

    EconomyProgramme

    corresponding to 3 billion euros for 2015. The first key measure involves reforming VAT with the introduction of two VAT rates at 11 and 23 percent replacing the currently applied 6.5, 13 and 23... that the VAT reform targets a revenue increase by 1 percent of GDP or 1.8 billion on an annual basis

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  6. Newsletter 29 - 05/06/2015

    Newsletters

    this year. Those measures mainly involve introducing a new VAT rate of 11 percent for to include... a cut in both supplementary and primary pensions. new VAT rates should produce additional revenues of 1... anticipated at that time. Those measures mainly involved increasing the hotel VAT rate from 6.5

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  7. Greece deal hangs in balance as IMF sees major differences
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    PoliticsGreek Politics

    was due to have been implemented at the start of the year. VAT On the tax front, the IMF spokesman... that the Greek government should broaden the tax base, highlighting that the “VAT structure is highly complex.” Lenders have been pushing Greece to implement just two VAT brackets, instead of three, while also

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  8. Where the key differences between Greece and the institutions lie

    EconomyProgramme

    of disagreement relate to VAT, pensions and fiscal measures and to a lesser extent labour market. VAT On VAT, the headline figures indicate a tiny difference of 0.07 percent of GDP with institutions... in the three VAT rates, the two sides differ in the two upper rates of 13 and 23 percent

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  9. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    emerged relates to the imposition of a 23 percent VAT rate on tuition fees at private schools and tuition centres, a measure voted in the Parliament on August 13 to counterbalance the lowering of the VAT rate on beef. According to the General Accounting Office, this particular VAT revenue

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  10. First visit by quadriga to Athens leaves series of issues unresolved

    EconomyProgramme

    of prior. Fiscal A key issue on the fiscal front relates to VAT on private education, with the quadriga sticking to the European Commission (EC) directive calling for either zero VAT or the regular rate... proposal and the one that was legislated in mid-August imposing a uniform VAT rate of 23 percent on all

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