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  1. A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
    Photo via https://flic.kr/p/2mN5NQb

    PoliticsForeign Policy

    countries. But it also accomplished a rapprochement with Libya. Greece’s decision to extend its... was its rapprochement with Libya. That was accomplished with numerous visits by Greek officials, including... for the first time a high-level meeting on Libya on November 12, in Paris. Greece had been excluded twice from

    8%
  2. Newsletter 109 - 03/03/2017

    Newsletters

    . The government wants to reduce VAT on basic food products and energy and make adjustments to income tax brackets... as in the VAT rate for certain products and services. However, the institutions favour targeted counter... and in the corporate tax rate. Economic sentiment in Greece fell by 2.2 points in February, after

    8%
  3. Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
    Photo by MacroPolis

    Economy

    newborn baby and the reduction in the VAT for all baby products, and safety helmets for motorcycles... million euros. Another 26 million is expected from the freezing of VAT for three years for new... organisations that monitor the Greek economy. The European Commission expects Greece to grow by 2.2 percent

    8%
  4. Newsletter 462 - 16/05/2025

    Newsletters

    a team at the National Technical University of Athens (NTUA) investigating the blaze

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  5. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    1 billion euros compared to the initial estimate of 812 million incorporated in the 2014 budget... the ESA-95 methodology. Thus, the equivalent MoF projection of 812 million under EAP stands at 3.9

    7%
  6. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    and footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... of the respective VAT rate by 10 percentage points as of August 1. In contrast, health coupled with alcoholic beverages and tobacco were the two sectors posting price increases at 2.2 and 0.9 percent respectively

    7%
  7. PBO sees normality returning, but inflation will have multifaceted effects

    EconomyMacroeconomy

    is expected to grow by 2.2 pct this year and also by 2.2 pct in 2024. This year’s inflation is seen at 4.6... for lower transfers and 2.2 pct from higher handouts. The PBO describes this new growth path as more... to the denominator effect. There will also be effects on fiscal performance as it is evident that VAT

    7%
  8. Draft budget for 2026 sees growth accelerating to 2.4 pct, tax collections remaining strong
    Photo by MacroPolis

    EconomyMacroeconomy

    . The draft budget slightly revises the growth estimate for this year to 2.2 pct, from 2.3 pct... seen to grow by 5.7 pct this year and exports growth is seen at 2.2 pct. Investments were... for this year of 247.51 billion. Consumer prices next year are seen rising by 2.2 pct, slowing from 2.6 pct

    7%
  9. A breakdown of the fiscal and structural reforms Greece hopes will unlock funding

    EconomyProgramme

    audits on bank transfers abroad (725 million euros), fight against VAT fraud (350 million), public...), a Portuguese-style VAT lottery scheme (270 million), tackling fuel and tobacco smuggling (250 million... the revenues from privatisations to 1.5 billion euros for 2015, 700 million lower than the target of 2.2

    7%
  10. Newsletter 143

    Newsletters

    that any hopes of maintaining the VAT discount on some Greek islands will have to be abandoned by the government. Instead, it seems certain that VAT rates will increase on 32 islands... on VAT. Primary cash surplus at 6.39 bln in October Q3 GDP figures show marginal growth as BoG says

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