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  1. Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
    Photo by MacroPolis

    PoliticsGreek Politics

    to 24 percent in 2020 and 20 percent in 2021, VAT reduced to 13 percent on tourism products and services, a three-year VAT holiday on construction, a three3-year suspension on capital gains tax... of the solidarity contribution. The reduction of the two VAT rates, from 24 to 22 percent and from 13

    5%

  2. Budget primary surplus confirmed at 1.76 mln in July as revenues overtake expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    from March this year, which came to 1.12 billion euros, excluding VAT. The next three largest revenue rises in absolute terms were seen in VAT on other goods and services, which outperformed the target by 662 million euros or 8.0 percent. This included 271.6 million euros of VAT received in March 2019

    5%

  3. New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.64 billion euros compared to 3.36 billion in June. The VAT collectability rate came to 84.9 percent in July. The amount of VAT due came to 1.21 billion. On an aggregate basis, the VAT

    5%

  4. Budget primary surplus confirmed at 2.91 bln in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    International Airport from March this year, which came to 1.12 billion euros, excluding VAT. The next... by VAT on other goods and services, which outperformed the target by 653 million euros or 6.8 percent. This included 271.6 million euros of VAT received in March 2019 in relation to the Athens

    5%

  5. Rate of increase in overdue taxes drops in Aug as total passes 105 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 4.38 billion euros compared to 3.64 billion in July. The VAT collectability rate came to 83.4 percent in August. The amount of VAT due came to 1.16 billion. On an aggregate basis, the VAT

    5%

  6. Sept budget primary surplus confirmed at 4.47 bln, well above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Airport from March this year, which came to 1.12 billion euros, excluding VAT. The next three largest revenue rises in absolute terms were seen in VAT on other goods and services with an outperformance against the target of 644 million euros, including 271.6 million euros in VAT via the Athens Airport

    5%

  7. Overdue tax, debtors jump in Sept as total reaches 105.6 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the total to 4.91 billion euros compared to 4.38 billion in August. The VAT collectability rate came to 85.9 percent in September. The amount of VAT due came to 847.8 million. On an aggregate basis, the VAT collectability rate came to 84.1 percent, with 7.93 billion paid out of 9.43 billion due

    5%

  8. New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY
    Photo by MacroPolis

    EconomyMacroeconomy

    , bringing the total to 6.47 billion euros compared to 5.82 billion in October. The VAT collectability rate came to 81.2 percent in November. The amount of VAT due came to 1.14 billion. On an aggregate basis, the VAT collectability rate came to 83.4 percent, with 9.94 billion paid out of 11.92 billion due

    5%

  9. New tax​ debt at 8.02 bln to Dec, down by 26.7 pct versus 2018

    EconomyMacroeconomy

    to 6.47 billion in November. The VAT collectability rate came to 87.9 percent in December. The amount of VAT due came to 755.9 million. On an aggregate basis, the VAT collectability rate came to 83.6

    5%

  10. New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    in January. The VAT collectability rate came to 79.8 percent in February. The amount of VAT due came to 1.08 billion. For the first two months of the year, the VAT collectability rate came to 80.8

    5%