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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsevasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyin the VAT rates applied as of July 20. This is because the price observations usually take place in the middle of each month. Thus, ELSTAT stresses that the implications from the VAT rate streamlining... on prices from the VAT reshuffling that will have an impact on the headline figure as of August.
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyin August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesThe government is taking measures to reduce the VAT on all properties built from 2006 onwards... homes onto the market without a VAT of 24 percent for the next three years. The announcement... the measures on VAT, the new government promoted a business-friendly image from the moment they launched
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Multiple crises fence in Greece
Agorathe only source of funding available at the moment, it has to adopt measures (such as VAT rises... it as somewhat of a pariah state within the eurozone and the EU. Overcoming this psychological ring-fence
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Newsletter 371 - 24/02/2023
VAT rate for a series of products and services. Mitsotakis also announced last week that debtors... of the early years of the debt crisis, when Greece was seen by the international community as a pariah
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Debt relief or debt restructuring for Greece?
Agoracase of “credit migration” from the private into official hands” (Zettelmeyer et al. 2013, p. 35... billion default, the country is still a financial pariah on the international stage. Greece cannot
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Another euro stitch unpicked
Agoraof this decision already: Here’s Frederik Ducrozet, chief economist at Credit Agricole: “The bottom line... of the Euro by refusing to negotiate, it would become an international pariah.” And finally, Karl
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomytaxes (VAT, excise taxes etc.). VAT revenues amounted to 4.44 billion, 127 million higher than
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
EconomyMacroeconomyare 685 million euros above the target. Taxes overshot the target by 308 million euros. VAT revenues... amounted to 1.03 billion. VAT revenues beat the target by 438 million euros. Income tax revenues came
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