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This is how Greece kept its budget on track in Q1
AgoraOn the revenue front, the target for January was exceptionally high as it was initially due to include VAT... the pre-election period as well the postponement of the VAT payment by one month had a marked impact on the revenue underperformance of that month. VAT payments in February did not result to any
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Newsletter 354 - 07/10/2022
, the Greek authorities resisted all calls to intervene in indirect taxation like VAT and excise taxes.... VAT is by far the biggest revenue contributor at 21.33 billion euros expected to have been... tourism, or even exceed it. This additional 20 pct from tourism only partly covers the VAT
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Newsletter 236 -24/01/2020
and the subsequent furor over Greece’s exclusion from the Berlin Conference on Libya, much... year to implement its tax plans. While cuts to the ENFIA property tax could be self-funding
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... includes a barring NGOs from future funding and harsher penalties for NGO workers caught helping migrants
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Lack of time, lenders' demands back Greek gov't into corner
PoliticsGreek Politicsnight denying this was the case. The statement said that the government would not increase VAT... liberalisation measures. Apart from the case of VAT on islands, the remaining references were vague... for Economic Cooperation and Development. The statement regarding VAT is much clearer but refers only
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Newsletter 479 - 10/10/2025
, specifically VAT. This year will see strong budget revenues, with total taxes estimated to reach 70.88 billion... taxes and income taxes at roughly 37 pct. VAT has a prominent role, as it is expected to reach 53... billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due to beat the initial target
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Government budgeting on a late RRF sprint
EconomyMacroeconomyon indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... taxation at 55 pct of total taxes and income taxes at roughly 37 pct. VAT has a prominent role... are seen coming to 15.88 billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due
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Tracking Greece's fiscal performance
Agoraprogress, but more work is needed to restore more robust, sustainable, and high-quality fiscal results... interest rates on the debt. Figure 3 summarizes the headline findings, using the ESA accrual accounts... 10 year bond issue for additional government funding in November 2022. The market bought additional
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Greek funding needs add to pressure in talks between Athens and lenders
EconomyProgrammefor the payment of the VAT by one month and lower than expected revenues from the settlement... Greece and its lenders but these talks continue against a backdrop of pressing funding needs... government bonds (GGBs) held by the Eurosystem of 3.5 and 3.2 billion respectively. Thus, funding
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Government hails rule of law progress but open investigations continue to raise questions
PoliticsGreek Politicsgovernment spokesman Pavlos Marinakis described the report as a vindication, adding that it provided a robust... critics at home and abroad. At the same time, however, fresh survey findings highlight... There also appears to be some distance between the Commission’s findings on the Rule of Law and public
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