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  1. Greece's fiscal, debt and funding goals as set out at Eurogroup

    EconomyProgramme

    that there will be no measures that the government considers recessionary such as pension cuts or VAT hikes... billion in 2014 and 2.2 billion in 2015. He argued that this is a sign Greece is not in a position.... For 2015 in particular, Varoufakis said that the estimated privatisation revenues of 2.2 billion

    7%

  2. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    taxes, notably VAT. The indirect tax intake was even lower than the previous year’s. At the same time... billion euros. (Table 2.2). Greece’s programme started going off track early in 2011 when it became... (Table 2.2, in Greek). This meant that in three years, Greece implemented close to 40 billion euros

    7%

  3. Newsletter 153 -2/03/2018

    Newsletters

    “objective” property values and the scrapping of the VAT discount on the remaining Greek islands... deposits fell by 962.6 million euros, while time deposits rose by 401 million. Retail sales rise by 2.2... figure is the highest reading since July 2017. Greece’s retail sales rose by 2.2 percent year-on-year

    7%

  4. Newsletter 219 -13/09/2019

    Newsletters

    will be brought down from 10 to 5 percent. VAT on the construction of new buildings will be suspended.... Wages index up by 2.2 pct in Q2 Quarter-on-quarter movement shows a drop of 0.1 percent Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2

    7%

  5. Newsletter 318 - 26/11/2021

    Newsletters

    the primary balance reaching 2.2 pct of GDP in 2024, and to remain at that level until 2060. Nominal GDP... percentage points against the baseline, and the refinancing yield is seen at 2.2 pct until the end..., increased VAT revenues mainly thanks to tourist activity. Property market Greece’s property market has

    7%

  6. Draft budget sees growth picking up in 2024, strong revenues driving primary surplus to 2.1 pct of GDP
    Photo by MacroPolis

    EconomyMacroeconomy

    pct in 2023. Exports of goods and services growth is expected to accelerate to 6.3 pct, from 2.2 pct... in imports is also seen doubling to 4.5 pct, from 2.2 pct in 2023. This will bring nominal GDP.... This outperformance is attributed to higher indirect taxes by 1.2 billion euros, mostly led by VAT. Income

    7%

  7. Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row

    Economy

    significantly boosted by cumulative Public Investment Budget (PIB) revenues of 2.2 billion. Nevertheless, a Jan... in 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%

  8. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    in VAT and consumption taxes by 5.4 and 15.7 percent respectively. However, the 3-month indirect taxes eased 0.4 percent to 5.41 billion, 233 million short of target, largely due to VAT, which slipped... billion spot on target. Overall, expenditure retreated 2.2 percent in the 4-month period to 11.98

    7%

  9. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    entirely attributed to lower VAT revenues, while consumption taxes outperformed. In specific, VAT revenues... to 15.65 billion. The breakdown displayed salaries and pensions rose by 3.4 percent in May and 2.2

    7%

  10. Newsletter 42 - 11/09/2015

    Newsletters

    drops Greece’s consumer price index (CPI) fell by 1.5 percent in August, from 2.2 percent... 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

    7%