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  1. Trump win emboldens Mitsotakis critics as Athens ponders implications of surprise result
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    high electricity prices, as well as more robust common defence policy. These subjects will now.... Former foreign minister Dora Bakoyianni also argued for a more robust European approach to defence

    9%

  2. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    Athens feels it cannot back down. On the issue of VAT hikes, for instance, he defended the discount... is against the idea of raising VAT on other products or services because it would affect all Greeks

    9%

  3. Newsletter 215 -19/07/2019

    Newsletters

    in the autumn, would include reductions in taxes for individuals and businesses, the lowering of VAT... switching to digital services and holding back the reduction in VAT rates to 2023. “Any rebalancing... balance beat its target by 2.13 billion euros. Eurosystem funding rises by 539 mln in June Banknotes

    9%

  4. Institutions warn of fiscal target being missed, reforms slowing
    Photo by MacroPolis

    EconomyProgramme

    tax repayments in installments, reduced VAT rates, the return of the 13th pension payment.... Combined with VAT changes, the EC says that these consumption-targeted measures will absorb... a slowdown in reforms. The report is based on the findings of a mission to Athens between 6 and 8 May

    9%

  5. Troika document reveals thorny issues, coalition's commitments to conclude review
    Photo by MacroPolis

    EconomyProgramme

    of GDP in 2014 and 2015 respectively. Greece has proposed a number of measures such as increasing the VAT.... Commitment to legislate a comprehensive reform of the VAT policy and administration, further modernize... Athens and Thessaloniki Port Authorities), seek binding bids for railways and transfer of the 10

    9%

  6. Newsletter 42 - 11/09/2015

    Newsletters

    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... scenario for the four core banks. Although the binding scenario was the baseline, the Greek banks

    9%

  7. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    on wage maturities If this proves to be correct, the government faces a challenge in finding... program review being carried out by the troika. It has struggled to reach this amount so finding... the impact that wage cuts would have on the party’s popularity. However, finding new savings could

    9%

  8. Newsletter 101 - 23/12/2016

    Newsletters

    the year with some festive cheer in the form of its lenders agreeing that the pension bonus and VAT... the 617-million-euro payment to some 1.6 million pensioners and the decision to maintain the discount on VAT... and credit cards after the imposition of capital controls in July 2015 had a positive impact on VAT

    9%

  9. 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... their income annually rather than submitting each stay. They also do not have to pay VAT. The popularity... due to the discrepancy in the taxing of these properties versus hotels Referring to the findings

    9%

  10. Newsletter 30 - 12/06/2015

    Newsletters

    reform and VAT, which are some of the key obstacles. Athens still appears to believe that its lenders... to the policies SYRIZA was advocating a few months ago. Among the proposals are VAT rises, phasing out of early... its short-term funding needs, mainly related to IMF payments, as well to substitute foreign investor

    9%