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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomypercent of total taxation much higher than the OECD average ratio of 30.5 percent. However, VAT stood... the performance of VAT, the report presented the VAT Revenue Ratio (VRR), which measures the difference between the VAT revenue actually collected and what would theoretically be raised if VAT was applied
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Newsletter 209 -07/06/2019
in installments, reduced VAT rates, the return of the 13th pension payment, and the reversal... is already the highest as a share of GDP in the EU. Combined with VAT changes, the EC says... of measures that included a bonus pension and lower VAT rates for a number of processed goods
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Newsletter 323 - 14/01/2022
in January. There has been disagreement within the government about whether VAT on some goods should... not intend to reduce VAT but that its plans for tax cuts have not run their course yet. Opposition... of the minimum wage to 800 euros, cuts to VAT on basic goods and excise duty on fuel, an intervention
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Newsletter 499 - 20/03/2026
of the Ukraine war, pushing back against opposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections — the government argued that VAT cuts... and 36.92 billion in 2024. VAT revenues alone are expected to rise from 25.68 billion euros to 29.23
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Energy crisis puts squeeze on Greek fiscal policy
Agoraopposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections (the government argued that VAT cuts would not work in the Greek context... revenues of 40.9 billion euros, up from 39.21 billion last year and 36.92 billion in 2024. VAT
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Greece aiming to complete post-bailout monitoring this summer
PoliticsGreek Politicseye on the general elections, which are due by summer 2023, the measures include lower VAT rates... towards the agreed primary surplus next year. The government hopes that the winding down of Covid relief
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SYRIZA pushes alternative cost-of-living package but govt support still a vote-winner
PoliticsGreek Politicsthe board. SYRIZA also proposes to cut indirect taxes, including VAT and consumption taxes on fuel, impose... round, the gap widened further to 9.7 pct. The findings suggest that despite the derision heaped... as an attempt to enhance transparency around media ownership and funding, however critics fear it opens
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Tsipras's proposals to lenders come under SYRIZA scrutiny
PoliticsGreek Politicsis thought to have backed down over his objection to the reduced VAT rate on islands being phased out...-term funding needs, involved borrowing from just one lender (the ESM) and will lead to the debt relief... that they would give up their seats if they quit the parliamentary group. The pledge is non-binding
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Surveillance hearings in Athens and Brussels highlight contrasting approaches to issue
PoliticsGreek Politicsmoney through VAT and energy levies to pay for subsidies while leaving profiteering energy cartels... is now taking a carrot-and-stick approach to hitting a binding 10 pct energy savings target across the public sector. Public authorities which fail to meet the target will see funding cuts and hiring
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Privatisation revenues edge upward as end-of-year deadline looms
EconomyFeaturesof directors. The updated offer is for the sum of 1.38 billion euros including VAT, with net proceeds coming... charges were not financially viable. Binding bids for the concession are due to be submitted by the end... to receive binding offers for HELPE before the end of the year. In July, the deal to transfer 49 percent
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