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  1. Greek coalition braces for internal debate over agreement with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    ), as well as a 10 percentage point rise in VAT on electricity. Labour Minister Panos Skourletis also... for Tsipras is Independent Greeks’ opposition to scrapping a 30 percent discount on VAT for Aegean

    7%
  2. 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

    7%
  3. Bank holiday to end but capital controls remain and some transactions forbidden
    Photo by MacroPolis

    Economy

    an electronic money transfer. The ministry also noted via the legislative decree that the new VAT rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September

    7%
  4. Newsletter 37 - 31/07/2015

    Newsletters

    that stretch from streamlining the VAT system, broadening the tax base to increase revenue, improving the long... statistical agency ELSTAT, overhauling its civil justice system and increasing VAT on bread

    7%
  5. From the troika to the quartet
    Photo by Harry van Versendaal

    Agora

    to comply with reform requirements that stretch from streamlining the VAT system, broadening the tax... system and increasing VAT on bread produced in bakeries. When Greece is compared with other eurozone

    7%
  6. Draft bill sees millions in savings and revenues from variety of bailout interventions

    EconomyProgramme

    reduction of 170 million euros (70.8 million for 2015) from lowering the VAT rate on beef from 23 to 13... by the imposition of a VAT rate of 23 percent on tuition fees for private schools (excluding kindergartens), which

    7%
  7. Newsletter 42 - 11/09/2015

    Newsletters

    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%
  8. Potami and PASOK look for next roles following contrasting poll results
    Photo by MacroPolis

    PoliticsGreek Politics

    government. It criticised the Finance Ministry on Tuesday for a decision to raise VAT on six islands. The socialist party stressed that the reduced VAT rates on Aegean islands were a measure it had

    7%
  9. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    ) Revenues (3.99 billion – 62.5 percent of total) 1) VAT rate streamlining including abolition of the 30 percent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390

    7%
  10. Parliament's budget office sees risks and rewards in third bailout
    Photo by MacroPolis

    EconomyMacroeconomy

    the implementation of the memorandum of understanding (MoU) such as VAT on private education, the management of bad... but includes several “horizontal” measures, such as the increase the VAT rates, which intensify

    7%