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Newsletter 356 - 21/10/2022
tactic of providing households with subsidies rather than tackling the cost of energy by lowering VAT
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Final budget execution data for Sep highlights overperformance in most tax categories
EconomyMacroeconomy, with smaller total number of instalments (five out of six). VAT revenues beat the target by 1.7
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Government initiative on supermarket prices reignites cost-of-living row
PoliticsGreek Politicsat the expense of consumers, arguing that the government should instead suspend VAT on energy
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Cost-of-living protest adds to government's concerns
PoliticsGreek Politicsfor the authorities to cap energy prices, bring down consumption taxes and VAT, bring forward increases
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Budget sees Greece outdoing peers with 1.8 pct growth, 0.7 pct primary surplus in 2023
EconomyMacroeconomywith VAT up by 800 million euros and special consumption taxes up by 50 billion. Income taxes
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Final budget for Oct affirms new targets and tax outperformance
EconomyMacroeconomymillion. This overperformance is due to VAT revenues beating the target by 13 million euros. ENFIA
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Opposition parties vow to reverse public healthcare reforms
PoliticsGreek Politicsseven proposals to tackle rising prices. These included lower VAT on food and fuel, a cap on retail
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politicsthe board. SYRIZA also proposes to cut indirect taxes, including VAT and consumption taxes on fuel, impose
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PM defends grocery stipend, hopes to draw support from PASOK
PoliticsGreek Politicsfor a reduction of VAT on food and fuel for at least one year. The leftists argue this would be a more
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ND paves way to spring elections with relief measures amid SYRIZA objections
PoliticsGreek Politicsas energy firms, combined with a reduction in VAT and other consumption taxes. Opposition parties have also
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