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Newsletter 229 -22/11/2019
fiscal targets of 3.5 percent of GDP up to 2022 and averaging 2.2 percent after that. It also envisages... in revenues was largely due to 1.12 million euros (excluding VAT) received in relation
6% -
MoF to announce measures for safeguarding businesses impacted by COVID19
Economyforced to temporarily shut, the suspension of VAT payments, social security payments and arrears... the government’s target of 2.8 percent. Under the first scenario, Greece’s GDP could grow by 2.2 percent
6% -
Newsletter 246 -03/04/2020
to 800,000 firms, or 76 percent of all legal entities, will now be able to suspend VAT and tax payments... in January following an upward revised rise of 2.2 percent in December, Hellenic Statistical Authority
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatures-term trends, the increase in construction permits has been credited to a freeze on VAT brought... falling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months
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Budget primary deficit confirmed at 1.5 bln in Feb, beating target
EconomyMacroeconomyby 195 million euros or 2.2 percent. Tax refunds came to 602 million euros, below target by 85 million euros. Broken down by category, VAT was below its target by 121 million euros, or 4.2 percent, while
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New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
EconomyMacroeconomybillion euros compared to 563 million in January. The VAT collectability rate came to 83.1 percent... of the year, the collectability rate came to 82.7 percent with 1.82 billion euros collected out of 2.2
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Newsletter 300 - 11/06/2021
reading of -2.2 percent seen in July 2015. The data showed that the core index fell by 1.7 percent... euros compared to 2.16 billion in March. The VAT collectability rate came to 93.3 percent in April
6% -
Govt intent on making some relief measures permanent
PoliticsGreek Politicspermanent relief measures, including lower income taxes and reduced VAT for certain competitive Greek... package, even if the primary surplus goal of 2.2 pct of GDP from 2023 onwards remains
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Budget primary confirms deficit of 9.06 bln in July, beating target
EconomyMacroeconomyat 29.5 billion euros for the first seven months, lower than the target by 651 million euros, or 2.2... down by category, VAT was above its target by 102 million euros, or 1 percent, while excise duties were
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Govt treads carefully on economic relief measures, hoping normality is near
PoliticsGreek Politicsbeing considered, such as a temporary reduction in VAT, has been nipped in the bud by Finance Minister.... The industry also argues that it has a multiplier effect of 2.2 so its impact on the wider economy
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