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  1. Newsletter 23 - 17/04/2015

    Newsletters

    perplexing that he is at the same time hopeful that common ground can be found soon. Two (VAT rises... to believe that the situation would be any different for Tsipras. He might be able to get away with VAT rises... and an increase in VAT on Greek islands. The coalition, however, wants to introduce new measures

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  2. Newsletter 27 - 22/05/2015

    Newsletters

    issues such as macroeconomic projections, fiscal targets and VAT rates have yet to be settled... rebellion. suggestion of a dual rate for VAT, depending on the payment method. Finance Minister Yanis Varoufakis’s proposal that customers paying by card should receive a VAT discount was apparently

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  3. Greece sees deal by June 5 but size of gaps tells different story
    Photo by R/DV/RS via Flickr https://flic.kr/p/4JYvg5

    PoliticsGreek Politics

    . It also sees convergence on the planned VAT overhaul. However, the two sides are still said to be 1..., who told MNI that Greece has to find another 1.8 billion euros from changes to VAT this year... VAT brackets there will be (Greece wants three and its lenders two), let alone what the new rates

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  4. Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    PoliticsGreek Politics

    defeat on changes to VAT rates. Athens had wanted to minimise the impact of changes, keeping three.... The other two brackets are 13 and 23. The change in VAT will be the biggest single revenue raiser from... would not accept an increase of 10 percentage points in the VAT on electricity. The other specific

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  5. The key points from Greece's proposal to lenders

    EconomyProgramme

    in 2016 (excluding VAT) incorporate: 1) Change of the VAT rates from the current level of 6.5, 13... in an effort to increase VAT and income collection. 3) Increase in the solidarity levy rates to 2% (from

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  6. Greece and lenders fail to bridge their differences in Brussels

    PoliticsGreek Politics

    a change in the VAT rates (6, 11 and 23 percent) with estimated additional revenues of around 1 billion... stemmed from an upward revision of VAT revenues to 1.3-1.4 billion by increasing the low rate to 6.5... of the institutions’ demand for incremental revenues of 1.8 billion (1 percent of GDP) from VAT changes

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  7. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    includes four pillars: VAT, pensions, corporate and income tax and other measures. We present below the interventions in each pillar. VAT Revenues from reshuffling of VAT rates remain unchanged at 680

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  8. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    in revenues from VAT at 1 percent of GDP (1.8 billion) versus 0.74 percent (1.36 billion) included in the Greek proposal. The IMF is proposing an increase in the VAT rate on food service from 13 percent... in VAT rates in islands. On the pension front, the IMF proposes a higher increase in the healthcare

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  9. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    , there were a number of differences mainly in the VAT, pensions, fiscal structural measures and labour market. VAT On VAT, the government now wants to maintain only the 30 percent discount on islands. Note

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  10. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    subsidies will be eliminated in the next 14 months. On VAT, the Greek request for lowering the rate on beef... by the institutions. However, this would be counterbalanced by the imposition of a VAT rate of 23... intervention voted on July 15 for private tuition and language schools, which were previously VAT

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