Search
-
Newsletter 70 - 15/04/2016
pension reform (1 percent) and personal income tax (1 percent) as well as from VAT reform and the wage.... Subsequent press reports indicated the government has proposed to lenders an increase in the main VAT rate from 23 to 24 percent to cover a part of the fiscal gap and avoid imposing a higher VAT rate
20% -
Newsletter 91 - 07/10/2016
) and increasing the excise on fuel (440 million) and the VAT rate from 23 to 24 percent (218 million... since a large number of taxpayers opted to pay their tax obligation using credit cards. This means..., to meet their payment obligations. While the ENFIA and VAT collection rates reached 83 percent and 81
20% -
SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicssecurity contributions to 15 percent and chopping the VAT rate in the food service sector to 13 percent..., that the lower VAT rate on five Aegean islands will be maintained beyond the end of the year, that the solidarity levy will be restructured and that the VAT in the food service sector will be brought
20% -
Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politicsto 24 percent in 2020 and 20 percent in 2021, VAT reduced to 13 percent on tourism products and services, a three-year VAT holiday on construction, a three3-year suspension on capital gains tax, and a 40-percent tax credit on property renovation costs. Prioritising cuts relating to business
20% -
Newsletter 485 - 21/11/2025
reliance on direct taxes—and notably VAT—is tied to the main concern of Greeks: the cost of living. Inflated prices are driving VAT performance, with the €27.63 billion expected this year exceeding.... VAT revenues for 2026 are projected to grow further to €29.2 billion, partly attributed
20% -
Newsletter 94 - 04/11/2016
the tax credit to 1,600 euros (from its current 1,900 euros) with estimated savings of 1 billion euros... to 3.94 percent. In the household lending sector, the consumer credit floating rate declined by 40 bps.... The key areas in which Greece lags Cyprus are: registering property (141 vs 91), getting credit (82 vs 62
19% -
Bill aims to encourage more electronic transactions in Greece
EconomyMacroeconomybut exclusively via electronic payments. For individual taxpayers to secure their tax credit of 1,900 euros... with a rate of 22 percent. Moreover, the tax credit on medical expenses will be provided from 2017..., the government and the institutions appear to have agreed on the abolition of tax credit for medical
19% -
Capital controls to ease further from the beginning of September
EconomyMacroeconomywith credit institutions in Greece, an increase from the current threshold of 30 percent. The procedure... is held with the credit institution. The Ministry of Finance’s decision will also allow companies and individuals to open new sight or deposit accounts with a credit institution through the creation
19% -
Newsletter 482 - 31/10/2025
such as lower VAT on essentials have intensified as households see disposable incomes squeeze... deteriorated further by 4 points. Loans Credit expansion stayed strong in September with growth.... The outstanding balance of credit stood at 127 billion euros. Credit flow to non-financial corporations
19% -
Government tries to contain fallout from breach of voters' data
PoliticsGreek Politicsgiven the ongoing investigation into a potential data breach at the Interior Ministry. The MEP... Data Protection Authority, the Interior Ministry and a public prosecutor. It was also announced on Friday that Interior Ministry general secretary Michalis Stavrianoudakis and New Democracy’s secretary
19%