Search
-
PASOK tries to chip away at New Democracy's record on economy
PoliticsGreek Politicsby PASOK, who has argued in favour of cuts in indirect taxes like VAT, a policy which New Democracy has... in populism”, which featured a montage of older statements by the prime minister pledging to cut VAT... campaign of 2019, when he promised that if elected he would cut VAT in his first term. Androulakis
7% -
Androulakis presents vision for fairer Greece in response to PM’s tax cuts
PoliticsGreek PoliticsProgram, and regional fertility centres will offer free genetic material storage. VAT on essential..., and a VAT exemption threshold raised to 20,000 euros. Special financing channels will plug credit gaps... brackets over four years, and further VAT cuts on basic goods—backed by market reforms and strict
7% -
Despite lukewarm reaction, PM insists tax cuts will pave way to third term
PoliticsGreek Politicsmade by the opposition. He said he rejected opposition calls for VAT cuts based on a Bank of Greece... that despite his claims, many of the tax reforms are regressive, including keeping in place high VAT rates... companies and supermarkets and hurting the lowest earners by leaving VAT rates untouched. Communist
7% -
Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
Economyin 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% -
A closer look at Greece's 2013 budget primary surplus of 603 mln
EconomyMacroeconomyfor the full year. The latter stems from a 7.4 and 6.6 percent decrease in VAT revenues and consumption taxes respectively. Overall, 12-month indirect taxes were in line with target as slightly higher VAT
7% -
Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economytaxes beat the targets by 237 million. In particular, VAT retreated 4.4 percent in April and 1.8... million short of target. The former mainly reflects lower VAT on fuel by 382 million and the latter
7% -
Two years on, Greek government ready to give up on higher heating fuel tax
PoliticsGreek Politicson the respective VAT revenues, which more than offset the increase posted in the excise tax revenues..., the 10-percentage-point reduction (from 23 percent to 13 percent) in the VAT rate applied to food
7% -
Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
Economynon-tax revenues showed the highest outperformance. In contrast, VAT on fuel, liquidity support.... After a temporary hike in May, VAT revenues decreased by 17.6 percent in June, with the 6-month
7% -
Troika review begins with fiscal targets and tax breaks in focus
EconomyMacroeconomy) Retaining the VAT rate on food and accommodation services at the lower rate of 13 percent..., trimming the solidarity levy by 30 percent and retaining the VAT rate for food and accommodation services
7% -
Troika document reveals thorny issues, coalition's commitments to conclude review
EconomyProgrammeof 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
7%