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Bailout talks inch forward as Juncker comments complicate matters
PoliticsGreek Politicsand the institutions agreeing on an increase in the top-rate of VAT only, from 23 percent to 24 percent. The increase in VAT is part of the package of indirect tax measures, along with a gambling levy and others
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Multi-bill details how Greece aims to raise 1.6 bln from indirect taxes
EconomyMacroeconomyin the basic VAT rate, applied to the bulk of goods and services, from 23 to 24 percent as of June 1.... In addition, following last year’s bailout commitment, the 30-percent discount on the VAT rates
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BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
EconomyMacroeconomyin the basic VAT rate from 23 to 24 percent on consumer prices is expected to be contained... the VAT rate increase and thus retain their market shares in an environment of weak demand.
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Mitsotakis uses tax cut pledge as driving force in effort to provide alternative
PoliticsGreek Politicson dividends from 15 percent to 5, reduce the VAT on farming supplies to 13 percent, abolish... of VAT from 10,000 euros to 25,000 euros. Mitsotakis said that the reductions would be worth a total
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Budget execution to Aug shows 3.8 bln primary surplus, 2.8 bln better than target
EconomyMacroeconomybillion euros, beating the target by 608 million. VAT climbed 18.9 percent in August and 12 percent... in the local media had indicated a notable rebound in VAT revenues in the islands (Cyclades, Crete
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Greece's taxing challenges
Agoraobligations. While the ENFIA and VAT collection rates reached 83 percent and 81 percent last year... campaigned in favour of abolishing the tax, only to embrace it after taking office. VAT has been increased
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Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues
EconomyMacroeconomyin September on the back of a soaring VAT revenues (+47.2 percent), while consumption taxes fell... million above target, mostly reflecting an outperformance of VAT revenues by 312 million, while
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Fiscal Council adopts 2017 budget forecasts with three reservations
EconomyMacroeconomy. Moreover, the increased revenue collection from personal income tax, VAT and excise taxes... income tax estimated to increase by 14.5 percent to 9.17 billion euros, VAT by 5.2 percent to 15.48
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What the agreement between Greece and lenders means for fiscal and tax policy
EconomyProgramme, the government should adopt all necessary measures to make the VAT lottery operational by February 2017... for uncollected VAT related to unpaid good and services and introducing a system of regular monthly payment
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Lenders' reaction to pension pledge leaves Tsipras short of options
PoliticsGreek Politicsmillion euros from Greece’s excess surplus to pensioners and to freeze the rise in VAT... in the week, his pledges on pensions and VAT appeared to be moves designed to give himself better political
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