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Greek coalition braces for internal debate over agreement with lenders
PoliticsGreek Politics), as well as a 10 percentage point rise in VAT on electricity. Labour Minister Panos Skourletis also... for Tsipras is Independent Greeks’ opposition to scrapping a 30 percent discount on VAT for Aegean... to note is that both of these MPs are among SYRIZA’s most vociferous and publicity-hungry
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypercent increase of value or number of card transactions resulted in an average increase of VAT... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt... and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsproducts from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT
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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsevasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyin August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesThe government is taking measures to reduce the VAT on all properties built from 2006 onwards... homes onto the market without a VAT of 24 percent for the next three years. The announcement... the measures on VAT, the new government promoted a business-friendly image from the moment they launched
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Survey attempts to map current contours of progressivism in Greece
SocietyThe first national survey conducted on behalf of the Progressive Lab’s sketches a profile of modern...-launched Progressive Lab describes itself as a “laboratory for the production of ideas and political proposals.” “The Progressive Lab was created with one purpose: The redefinition of progressive
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomytaxes (VAT, excise taxes etc.). VAT revenues amounted to 4.44 billion, 127 million higher than
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
EconomyMacroeconomyare 685 million euros above the target. Taxes overshot the target by 308 million euros. VAT revenues... amounted to 1.03 billion. VAT revenues beat the target by 438 million euros. Income tax revenues came
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A closer look at 2015 revenues reveals size of hit they took
EconomyMacroeconomynot provide a safe conclusion on the outcome of VAT reshuffling so far. It is also worth noting that VAT... respectively. VAT revenues, in particular, increased by a mere 11 million to 13.63 billion euros in 2015. There is a lot of discussion about the effectiveness of the VAT reshuffling implemented in 2015, when
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