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  1. BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year
    Photo by MacroPolis

    EconomyMacroeconomy

    respectively, largely stemming from an increase in employment and income, improvement in credit conditions... in 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.

    18%

  2. Budget primary surplus to Sept surges to 5.44 bln on solid tax revenues

    EconomyMacroeconomy

    to pay their ENFIA via credit card. This means that state collected the whole amount upfront, while... in 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

    18%

  3. What the agreement between Greece and lenders means for fiscal and tax policy
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    and pensioners and the tax credit for individuals’ medical expenses, both effective from 2017..., 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

    18%

  4. Institutions warn of fiscal target being missed, reforms slowing
    Photo by MacroPolis

    EconomyProgramme

    , the Greek authorities announced their intention not to implement the pre-legislated income tax credit... tax repayments in installments, reduced VAT rates, the return of the 13th pension payment.... Combined with VAT changes, the EC says that these consumption-targeted measures will absorb

    18%

  5. Newsletter 303 - 02/07/2021

    Newsletters

    to plan permanent relief measures, including lower income taxes and reduced VAT for certain... access to credit. Given that the state has already begun withdrawing pandemic relief for many... to VAT in other products by 99 million, transfers of 105 million and other revenues by 40 million

    18%

  6. Newsletter 410 - 02/02/2024

    Newsletters

    consumption tax on fuel for farming and reducing the relevant VAT rate from 24 to 6 pct. Although Greek...-free fuel, scrapping of VAT on supplies, suspension of seizures and foreclosures, lower energy costs... that Greeks had never experienced before, leading to significant credit expansion for all types

    18%

  7. Government defends tax-cut package against opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    where any solution is inadequate. VAT rates are another area on which opposition parties have.... In response, Pierrakakis and other officials argue that VAT cuts are not effective because..., the government has taken to claiming credit for their policies which it says have resulted in Greece offering

    18%

  8. Has internal devaluation really helped Greek exports?

    Economy

    access to bank credit, supplier cutback of credit, long waiting times for VAT refunds from the state

    17%

  9. Our most popular stories in 2014

    Agora

    difficult or expensive access to bank credit, supplier cutback of credit, long waiting times for VAT

    17%

  10. You've heard the Greek crisis myths, now here are some truths
    Photo by MacroPolis

    Agora

    -labour related costs resulting from difficult or expensive access to bank credit, supplier cutback of credit, long waiting times for VAT refunds from the state and delays in payments by customers

    17%