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  1. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    on Tuesday, the Commission revealed that these would include revenues from the standard rate of VAT rising... from 2.2 percent for incomes between 12 – 20,000 euros up to 10 percent for incomes above 220,000

    6%

  2. Newsletter 73 - 13/05/2016

    Newsletters

    VAT rate from 23 to 24 percent that would yield 0.25 percent of GDP, an increase in current... recorded in clothing and footwear (-2.2 percent), household equipment (-1.4 percent), recreation

    6%

  3. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    decreased 7.1 percent in May, but increased 2.2 percent to 961 million in the 5-month, 61 million below.... On the indirect taxes front, VAT revenues continued heading north at an accelerating pace. They rose by 24.9

    6%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. 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%

  10. 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%