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  1. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    it also highlights the need for some perspective around a subject that is often susceptible to hype

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  2. PM sets out modest promises for 2025 as internet safety campaign fails to impress opposition

    PoliticsGreek Politics

    . Communist Party KKE accused the government of exploiting media hype over youth crime while ignoring

    7%

  3. Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row

    Economy

    significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan... in September, on the back of the ongoing plunge in VAT revenues and consumption taxes by 11.6 and 4.1 percent respectively. The most notable underperformance was evident in VAT on fuel and excise tax

    7%

  4. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    in VAT and consumption taxes by 5.4 and 15.7 percent respectively. However, the 3-month indirect taxes eased 0.4 percent to 5.41 billion, 233 million short of target, largely due to VAT, which slipped... billion spot on target. Overall, expenditure retreated 2.2 percent in the 4-month period to 11.98

    7%

  5. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    entirely attributed to lower VAT revenues, while consumption taxes outperformed. In specific, VAT revenues... to 15.65 billion. The breakdown displayed salaries and pensions rose by 3.4 percent in May and 2.2

    7%

  6. Newsletter 42 - 11/09/2015

    Newsletters

    drops Greece’s consumer price index (CPI) fell by 1.5 percent in August, from 2.2 percent... is primarily attributed to the increase in the VAT rates from July 20. Greece has been in deflationary territory since March 2013. Increased VAT rates eased the drop in August. Unemployment edges up Greece’s

    7%

  7. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    ) Revenues (3.99 billion – 62.5 percent of total) 1) VAT rate streamlining including abolition of the 30 percent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390

    7%

  8. Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    of the ENFIA instalment. In particular, income tax improved 2.2 percent to 7.51 billion euros, 126... billion euros, beating the target by 608 million. VAT climbed 18.9 percent in August and 12 percent... in the local media had indicated a notable rebound in VAT revenues in the islands (Cyclades, Crete

    7%

  9. Newsletter 116 - 28/04/2017

    Newsletters

    taxes) increased by 1.75 billion to 30 billion. The bulk of that improvement stemmed from VAT, which... the 737 million figure posted in January, a quarter of which stemmed from VAT. The aggregate figure... is the highest reading since January. Consumer confidence also rebounded by 2.2 points, following

    7%

  10. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    million euros for state coffers annually. The study points out that if VAT, council tax and owners... are under a higher tax rate than other competitor countries, which drives the final price up by between 2.2... their income annually rather than submitting each stay. They also do not have to pay VAT. The popularity

    7%