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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... a reduced tax credit of 2,000 euros from 2,100 euros before. In contrast, the institutions

    15%

  2. Newsletter 72 - 06/05/2016

    Newsletters

    percent) and changes in the standard VAT rate (0.25 percent) as well as from adjustments in the public... warned that delays in concluding the programme review are credit negative for Greece since

    15%

  3. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    percent of GDP, while the respective figure for VAT stands at 3.5 percent. In addition, lost revenue... and initiatives for the use credit/debit cards in Greece, where card use is one-fourth of the EU average.

    15%

  4. Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4

    EconomyMacroeconomy

    via credit cards. This means that the state received the whole amount upfront, while taxpayers... in September could also relate to potentially increased tax audits that could have yielded higher VAT

    15%

  5. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    accelerating to 13.7 percent in 2017 and to 14.2 percent in 2018, mainly backed by improved credit... than expected revenue performance, mainly stemming from higher VAT revenues and corporate income

    15%

  6. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (439.6 million) 4) Increase in the VAT rate from 23 to 24 percent, implemented as of July 1, 2016...-term credit rating and credibility of the domestic economy, the 2017 budget stresses

    15%

  7. Budget primary surplus to Oct confirmed at 6.5 bln, 2.9 bln above revised target
    Photo by MacroPolis

    EconomyMacroeconomy

    by many taxpayers via credit cards. This resulted in an upfront collection of the whole amount... percent to 20.48 billion, beating the target by 217 million, mostly due to a continued rise in VAT

    15%

  8. Why can't Greece be more like Cyprus?
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    lags Cyprus are: registering property (141 vs 91), getting credit (82 vs 62), paying taxes (64 vs 34... starting a business easier by “merging the procedures to register for taxes and VAT, and making company

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  9. IMF sees much scope for reform progress, particularly on tax in Article IV report
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    that if Greece aligns the personal income tax credit relative to the average wage to the eurozone..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 percentage point

    15%

  10. Newsletter 110 - 10/03/2017

    Newsletters

    of the fiscal counter-measures it has identified, such as lowering VAT on electricity... banking at Credit Suisse. The appointment of new CEO at Piraeus ends a period of 14-month uncertainty

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