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  1. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    have been downward adjusted by 2.2 percent to 48.16 billion euros in 2016, largely reflecting... on energy products (440 million) 4) Increase in the VAT rate from 23 to 24 percent (218 million) 5

    6%

  2. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    stood at 466.83 million. This brings the total ENFIA due at 3.18 billion for this year, 2.2 percent... in September could also relate to potentially increased tax audits that could have yielded higher VAT

    6%

  3. Second review to resume in Athens under severe time pressure
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    learning and social dialogue. Fiscal Despite a revenue outperformance of 2.2 billion euros...-offs, while VAT debt will be excluded from any write-off. There are also several other key actions

    6%

  4. Review delay brings Greek liquidity needs back into focus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    1.6 billion matures on February 27, 2017, 1.6 billion in August 2017 and 2.2 billion in February 2018... the rise in the VAT rate on islands hit by the refugee crisis. Summing up, Greece has to pay, largely

    6%

  5. Newsletter 103 - 20/01/2017

    Newsletters

    in VAT Tsipras is unlikely to bring up the prospect of snap elections unless he feels he has been put... edged up 2.2 percent to 42.22 billion. Meanwhile, interest payments decreased by 14.8 percent

    6%

  6. Athens in search of counter-measures to secure MPs' support for potential deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    are reductions to VAT, the lowering of the ENFIA property tax, cuts to taxes for small- and medium-sized... in an interview with Bild newspaper on Wednesday was 2.2 percent of GDP (1.7 points above the target). Statistics

    6%

  7. Newsletter 107 - 17/02/2017

    Newsletters

    of measures that Athens seems to have in mind are reductions in VAT, the lowering of the ENFIA... up by 0.3 percent year-on-year (YoY) in Q4, significantly decelerating from the upward revised 2.2

    6%

  8. Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    an underperformance of income tax 110 million. On the indirect taxes front, both VAT and consumption taxes... revenues fell 2.2 percent in March and 1.6 percent to 19.77 billion in Q1, falling short of target

    6%

  9. Newsletter 149 -2/02/2018

    Newsletters

    falling by 9.2, 6.1 and 2.2 percent in the 2018 – 2020 period, again 17.4 percent below the baseline... The collectability rate rose for VAT and ENFIA and fell for corporate and personal income tax The stock

    6%

  10. May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.25 billion, which offset a decrease of 2.2 percent in VAT revenue to 6.25 billion. On a monthly

    6%