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Final budget execution for June affirms solid revenues, driven by VAT and income tax
EconomyMacroeconomyestimated to be collected in September and October respectively, as the ministry outlines. VAT revenues... to 3.15 billion euros, broadly on target. Last year, interest payments were 3.3 billion euros
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VAT and income taxes buoy revenue performance as primary surplus target is beaten in Sep
EconomyMacroeconomyeuros, while other current revenues were above target by 1.23 billion euros. VAT revenues amounted... million. Overall, the PIB balance landed at a deficit of roughly 3.3 billion euros. Greece has also
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Will the real men of unity please stand up?
Agoraadopted by Tsipras and Varoufakis has not sat well with European officials and there have been... Slovakia’s Peter Kazimir to a question about Greece’s reform proposals, which obviously lacked enough
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Italian support over Libya buoys Athens as it looks to build broad East Med alliance
PoliticsForeign PolicyJurisdictions Memorandum that Turkey signed last November with the UN-backed government in Libya... signed by Libya and Turkey on the delimitation of the continental shelf is unacceptable, infringes... on the issue of Libya. Government spokesman Stelios Petsas confirmed on Tuesday press reports that Greece
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyon the memorandum signed with the UN-recognised government in Libya’s Tripoli (GNA). Athens has also asked from... that Ankara has demarcated from its shores to the point where its sea borders meet Libya, based... Ankara for the sake of either the EU-Turkey deal on migration, or developments related to Libya
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EC study: VAT gap in Greece at 34 pct, more than double the EU average
EconomyThe European Commission published a study on Friday that examines the evolution of the VAT gap across the EU according to the latest available data for 2013. The VAT gap is defined as the difference between the amount of VAT that is actually collected and the estimated VAT amount
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeincluded a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while.... Although VAT rates remained broadly stable, the key changes relate to reshuffling of products and services among the three VAT categories. The super-reduced rate includes only pharmaceuticals, books
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U.S. and China are still in reconnaissance mode, but for how long?
Agorafollowers in the U.S., his X (former Twitter) is not allowed to operate in China – a rare occasion... is the view of Peter Navarro, who was sanctioned by Chinese authorities in 2021 and is now back
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Newsletter 325 - 28/01/2022
plans. The initial 2021 budget expected the deficit to be just 6.6 billion euros, or 3.8 pct of GDP... recovery observed in 2021. The rise in energy prices also saw higher intakes in VAT and special consumption... little room for talk of reducing VAT rates in response to the recent wave of inflation. Combined
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Newsletter 243 -13/03/2020
-on-month (MoM), the index decreased by 3.3 percent after a rise of 6.6 percent in December... in the manufacturing index. Month-on-month (MoM), the index decreased by 3.3 percent after a rise of 6.6 percent... the deferral of VAT and other tax and social security obligations for four months for companies
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