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  1. PM embarks on persuasion exercise as political veterans pick up on public discontent
    Image: MacroPolis

    PoliticsGreek Politics

    that declining trust in institutions poses a danger to stability. In a TikTok video published on Wednesday... with public institutions, two veteran politicians used separate occasions on Wednesday to warn of a danger

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  2. Newsletter 497 - 06/03/2026

    Newsletters

    . The opposition sees danger in every step: mission creep, alliance overreach, economic vulnerability... in the danger zone, a situation that has become a national political issue. The market turmoil

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  3. Greece moves closer to troika over fiscal gap, waits for response
    Photo by MacroPolis

    EconomyProgramme

    citing government sources indicate that the key measures relate to increasing the VAT rate on hotel...) said that doubling the VAT rate in its sector would initially increase VAT revenues by 300 million... that the resulting higher cost for hotel services from the rise of VAT to 13 percent would lead to 2.6 million

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  4. Greece prepares reforms list, eyes solution to liquidity shortage

    EconomyProgramme

    transactions and reduced VAT collection. The list also includes the already passed instalment scheme... is reforms in the VAT policy. Citing Finance Ministry sources, Kathimerini notes that the government is examining two scenarios: The first envisages a unified VAT rate of 15 percent with abolition

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  5. New fiscal measures aim to edge Greece closer to deal with lenders
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    that the government is currently considering to cover the estimated fiscal gap involve: 1) A unified VAT rate between... to food and medicines. Greece currently has two main VAT rates of 13 and 23 percent and a lower rate... in almost all products and services, while the reduced VAT rates in islands will probably be abolished

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  6. How big is the gap separating Greece and the institutions?
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyProgramme

    , it is clear how difficult a task it will be to reach a compromise. VAT On VAT, the institutions insist... to this year since the new VAT rates will be effective from July 1. Apart from the total estimated proceeds, a key difference lies with the allocation of products in the VAT rates. In particular

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  7. Newsletter 32 - 26/06/2015

    Newsletters

    to Thursday’s meeting of eurozone finance ministers. Starting from VAT, the institutions demand net.... However, the key differences relate to the reshuffling of products and services in the three VAT... proposes it apply to food, water and hotels. Another thorny issue lies with the 30 percent VAT discount

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  8. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    . These measures relate to VAT and tax issues and the legal independence of the Hellenic Statistical.... VAT On VAT, the draft bill sets the new basic rate at 23 percent. For pharmaceuticals, books..., while hotels VAT rate previously at 6.5 percent doubles to 13 percent. The abolition of the 30

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  9. Newsletter 48 - 23/10/2015

    Newsletters

    participation can be expected in the second half of November. Few lessons learnt in school VAT mess SYRIZA now... this week as the haphazard way in which the government handled the issue of imposing VAT on private... lenders, the coalition finally decided to apply a 6 percent VAT rate for private tuition schools

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  10. Newsletter 87 - 09/09/2016

    Newsletters

    in July stemmed from personal income tax (336 million), VAT (157 million) and corporate income tax (62... month to hit 4.13 mln in July. The European Commission report on the VAT gap revealed Greece’s... million. VAT revenues edged up by 0.7 percent to 12.68 billion in 2014, while the VTTL (the estimated VAT

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