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  1. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , VAT increased by 2.7 percent to 2.57 billion in the 2-month period, but fell short of target by 134... percent to 1.22 billion. However, the underperformance of VAT and consumption taxes was mitigated

    7%

  2. Report reveals just 0.4 pct of taxpayers owe 85 pct of total tax debt
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    tax, VAT and single property tax (ENFIA) in 2016. Specifically, the punctual payments for personal... and at 16.9 percent for unpaid amounts. In contrast, corporate income tax and VAT recorded

    7%

  3. Newsletter 116 - 28/04/2017

    Newsletters

    taxes) increased by 1.75 billion to 30 billion. The bulk of that improvement stemmed from VAT, which... the 737 million figure posted in January, a quarter of which stemmed from VAT. The aggregate figure

    7%

  4. Study shows 341 mln a year in tax lost from short-term rentals
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    million euros for state coffers annually. The study points out that if VAT, council tax and owners... their income annually rather than submitting each stay. They also do not have to pay VAT. The popularity

    7%

  5. Budget primary surplus at 5.33 bln in October, beating target on revised budget figures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    by 35 million. Revenues from VAT increased by 6.3 percent on an aggregate basis and beat the target by 54 million euros. On a monthly basis, VAT revenues rose by 7.3 percent. Privatisation proceeds

    7%

  6. Clock ticks on prior actions as coalition searches for solution on islands
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    Another area of concern for the government is the imminent increase of VAT on the Aegean islands... will examine the possibility of maintaining the discounted VAT rate on the larger islands affected

    7%

  7. Tusk proposals over refugee quotas puts Athens on alert ahead of EU summit
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to put off plans to scrap the 30 percent discount on VAT that has been in place on many Aegean islands. The government is considering whether the lower VAT rate may at least be maintained for another

    7%

  8. Budget passed but coalition handouts draw attention
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , ahead of the budget vote, that it will not be raising the VAT rate on five of the 32 Aegean islands... flows. The ministry said that it had agreed the extension of the VAT discount on these islands

    7%

  9. Budget primary surplus confirmed at 1.94 bln in 2017 on expenditure fall
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , and VAT by 4.3 percent. For direct tax subcategories, property tax revenues fell by 3.1 percent... by 4.6 percent. Revenues from VAT increased by 5.2 percent and beat the target by 23 million euros

    7%

  10. Total overdue tax obligations rise to 101.86 bln in Dec, new debt up by 1.30 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion. The VAT collectability rate improved to 86.6 percent compared to 81.1 percent in November... to 74.1 percent in 2016. Overall, the monthly rate of collectability rose for VAT and ENFIA and fell

    7%