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Athens prepares for Blinken visit, hopeful of Libya shifting position
PoliticsForeign Policythat will be formed following elections in Libya. This was set out in a Note Verbale that the Greek Foreign Ministry lodged to the Embassy of Libya in Athens last week, with which it refuted..., according to a report by the Libya Review, which was confirmed by Greek sources, the Tripoli Administrative
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Greece locked in talks with Egypt over monastery, struggles to gain footing in Libya
PoliticsForeign Policywith Libya The Greek Foreign Minister is to travel to North Africa again at the end of the month visiting both Tripoli and Benghazi, according to Kathimerini. Gerapetritis is to meet with both Libya’s...’s active presence in Libya. For the same reasons, they were also opposing the 2019 Turkish-Libyan
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Deteriorating ties with Libya become pressing challenge for Greek diplomacy
PoliticsForeign PolicyThe two note verbale recently submitted to the United Nations by Libya underlined that relations... the 2019 Turkey-Libya maritime agreement, which Greece and the EU have repeatedly declared null and void... to the diplomatic notes from Libya’s Tripoli-based government, the Greek government believes the move
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Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
EconomyMacroeconomytaxation, corporate income taxes halved from 6.5 percent in 2011 to 3.3 percent in 2012, way below... also notes that VAT revenues to GDP stayed almost stable at 7.1 percent in 2012, slightly above the OECD average of 6.6 percent. However, their contribution to total taxation slipped by 2 pp to 21.2
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomy, while VAT revenues also rose by 1 percent to 9.12 billion. On a monthly basis, indirect taxes rose... and roughly 3.3 percent lower than the figure for the same period last year. The aggregate figure... million. The corresponding expenditure stood at 277 million, under target by 78 million and leading
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VAT and underspend drive budget outperformance in first six months
EconomyMacroeconomybillion euros above the target. Taxes overshot the target by 1.08 billion euros. VAT revenues amounted to 14.58 billion euros; excise tax revenues were 3.22 billion euros. VAT revenues beat the target... expenditure came to 3.3 billion euros, with the PIB balance in a roughly 600 million euros deficit
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VAT gap remains high as non-compliance overtakes revenue rise
EconomyFeaturesThe European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues. Instead, non-compliance with VAT grew to effectively outstrip the increase in tax revenue. The VAT gap is a measure of VAT
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Athens goes along with EU over Libya, waits for Turkey's move at UN
PoliticsForeign Policyaiming to prevent any shipment of arms to Libya’s two factions. The operation will involve the deployment of warships to enforce the United Nations arms embargo on Libya. According to the EU foreign... as in Libya. Greece was not invited, again, to the Berlin process aiming for a solution for the Libyan crisis
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Athens content with Scholz's first visit, looks for US backing on Libya
PoliticsForeign Policyto be heard” government sources insisted. However, Athens was again not invited to the so-called Libya process meeting that took place last week. Libya The same issue dominated talks Mitsotakis held last week.... It should be noted that Turkey and Libya are not bordering countries and, most importantly, Egypt
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VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct
EconomyFeaturesThe European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear... of the European Union countries surveyed, Greece fared among the worst in terms of its VAT shortfall, at 29.2 percent or 5.9 billion euros. The figures are based on data from 2016. The VAT gap is a measure
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