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Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
PoliticsForeign Policywith Libya The Greek Foreign Minister is to travel to North Africa again at the end of the month visiting both Tripoli and Benghazi, according to Kathimerini. Gerapetritis is to meet with both Libya’s...’s active presence in Libya. For the same reasons, they were also opposing the 2019 Turkish-Libyan
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Deteriorating ties with Libya become pressing challenge for Greek diplomacy
PoliticsForeign PolicyThe two note verbale recently submitted to the United Nations by Libya underlined that relations... the 2019 Turkey-Libya maritime agreement, which Greece and the EU have repeatedly declared null and void... to the diplomatic notes from Libya’s Tripoli-based government, the Greek government believes the move
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesThe European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues. Instead, non-compliance with VAT grew to effectively outstrip the increase in tax revenue. The VAT gap is a measure of VAT
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear... of the European Union countries surveyed, Greece fared among the worst in terms of its VAT shortfall, at 29.2 percent or 5.9 billion euros. The figures are based on data from 2016. The VAT gap is a measure
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policyaiming to prevent any shipment of arms to Libya’s two factions. The operation will involve the deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... as in Libya. Greece was not invited, again, to the Berlin process aiming for a solution for the Libyan crisis
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Athens content with Scholz's first visit, looks for US backing on Libya
PoliticsForeign Policyto be heard” government sources insisted. However, Athens was again not invited to the so-called Libya process meeting that took place last week. Libya The same issue dominated talks Mitsotakis held last week.... It should be noted that Turkey and Libya are not bordering countries and, most importantly, Egypt
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VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU
EconomyFeaturesThe European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11 percent across the EU, with Greece ranking among the worst performers. The VAT gap is a measure of VAT
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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign PolicyJurisdictions Memorandum that Turkey signed last November with the UN-backed government in Libya... signed by Libya and Turkey on the delimitation of the continental shelf is unacceptable, infringes... on the issue of Libya. Government spokesman Stelios Petsas confirmed on Tuesday press reports that Greece
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
EconomyThe European Commission published a study on Friday that examines the evolution of the VAT gap across the EU according to the latest available data for 2013. The VAT gap is defined as the difference between the amount of VAT that is actually collected and the estimated VAT amount
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeincluded a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while.... Although VAT rates remained broadly stable, the key changes relate to reshuffling of products and services among the three VAT categories. The super-reduced rate includes only pharmaceuticals, books
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