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  1. Newsletter 475 - 12/09/2025

    Newsletters

    designed to boost compliance. Remote islands will enjoy extended 30 percent VAT cuts, and nearly... Mitsotakis’s own policies stoked, and of ignoring VAT cuts on basic goods that would have delivered... for not implementing lower VAT directives, his opponents pounced on what they call arrogance and a rigid refusal

    8%

  2. PM unveils 300 mln support package, pairing economic relief with major defence upgrade

    PoliticsGreek Politics

    at the pump by 16 cents per litre - roughly 20 cents with VAT - in an effort to prevent higher transport... caps to refineries and temporarily reducing the special consumption tax and VAT. SYRIZA said..., which have reduced fuel taxes. SYRIZA reiterated its own proposals for zero VAT on basic goods

    8%

  3. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    , indirect taxes eased 3.8 percent to 5.44 billion, stemming from a moderate drop in VAT revenues... of target by 457 million, equally split between VAT and consumption taxes. On specific revenue... given until April 30, while VAT and excise tax on fuel underperformed targets by 288 and 137 million

    7%

  4. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    that an increase in real GDP by 1 percent results in a rise of the tax efficiency of VAT by 0.20 – 0.43... buoyancy effects would lead to a cumulative rise in VAT revenues by 1.4 billion (0.8 percent of GDP) over...) and the more effective tackling of tax evasion could lead to an improvement of VAT revenues. Furthermore

    7%

  5. Greek primary budget surplus rises to 2.53 bln at end of September
    Photo by MacroPolis

    Economy

    euros, down 1.4 percent. They remained in line with the target. VAT and consumption taxes also...: personal income tax (by 416 million), other non tax revenues (by 451 million), VAT (by 145 million... involve: corporate income tax (by 479 million), other income tax (by 126 million), VAT of fuels (100

    7%

  6. The measures Greece is proposing to secure troika's return

    EconomyProgramme

    measures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent..., with yearly cost savings seen at 82 to 123 million 3) Increase of the VAT revenues through... more in VAT revenues. The government has also proposed some changes to the pension system, which

    7%

  7. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    fiscal gap of 2.5 billion - to double the hotel VAT rate to 13 percent, aligning... in the VAT rate would bring additional direct VAT revenues of at least 350 million euros, whilst

    7%

  8. Newsletter 15 - 13/02/2015

    Newsletters

    , this is mostly due to extending the quarterly VAT payment by one month, until the end of February... their VAT and single property tax (ENFIA) obligations for February as normal, but to do so... revenues are seasonally high due to quarterly VAT returns, while the respective targets

    7%

  9. Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct

    Economy

    reflects weak income tax and revenues from VAT. In particular, income tax plummeted 47.5 percent to 519 million euros, 479 million short of target, while VAT dropped 16.3 percent to 1.33 billion, 321 million lower than target. The revenue shortfall stems from the extension of the VAT payment until

    7%

  10. Here's why Greece's fiscal difficulties will dominate the agenda

    EconomyProgramme

    lower income tax and VAT revenues. The Finance Ministry (MoF) attributed the bulk of the slippage to the deadline for the VAT payment being extended until the end of February by the previous government... indicate that the revenue gap remained broadly unchanged in February, implying that VAT payment

    7%