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Proposed VAT overhaul a stepping stone towards agreement with lenders?
EconomyProgrammeGreece and its lenders are broadly in agreement on the restructuring of Greece’s VAT system, which... night, explaining for the first time in public what the new VAT system might look like. Greece has currently two main VAT rates at 13 and 23 percent and a lower rate of 6.5 percent for hotel
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Greeks seen working longer, until July 18, to meet annual tax bill
Societymostly due to VAT rate hikes in 20 of the 28 member states during this period. The Institut Economique... (June 13). This is in part due to the fact that VAT rates stood at 19 percent in 2010 and went... 5, 31 days earlier than in 2010 (August 6). Hungarian workers have seen their real net pay increase
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Is VAT all you've got?
Agorathe most of the skeptical troika finally giving in on a longstanding Greek demand for VAT in the food... that the troika had begun listening to Greece. Indeed, the VAT reduction represents something.... The government hopes the VAT cut will boost one of the biggest employers in Greece’s all-important
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Delay to final tranche over island VAT as lenders quash talk of pension cut reversal
EconomyProgrammeraised objections to the way in which Athens decided to extend the discount on VAT on five Aegean... consultation over the decision not to increase the VAT rate on the five islands in question at the end of June... the VAT rate on five islands,” said ESM managing director Klaus Regling after Thursday’s meetings
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Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
EconomyBankingwas reduced from 7 billion ini Q4 to 4.8 billion in Q1, declining again to 3 billion in May. ECB..., funding cost continued to decrease, supported by the ongoing disengagement from ELA support... Sheet Eurosystem funding fell by 2.3 billion in QoQ to 7.9 billion at the end of March, falling
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Down but not out: Golden Dawn rears its head again
Agoraas spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang...,” he says. MPs of Golden Dawn, which was recently stripped of state funding after a vote by fellow
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PM briefs EU leaders on migration stance as Turkey tries to pin blame on Greece
PoliticsForeign Policy. This creates obstacles to finding common solutions or even making statements in the only international... that Turkey has usually interpreted it. Libya There is a possibility of a ceasefire in Libya within the next.... But, according to government spokesman Steffen Seibert, Merkel told Haftar that the situation in Libya
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Athens seeks talks with Erdogan as Turkey steps up diplomatic activity in region
PoliticsForeign Policythe government of Eastern Libya to ratify the Turkey-Libya Memorandum of Understanding... the Eastern Libya authorities to ratify the memorandum Ankara agreed in 2019 with the government in Tripoli... (MIT) Ibrahim Kalin, the same reports claim. However, the political situation in Libya is currently
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Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
Economyin 2005 as a subsidiary of the Greek railway company (OSE), which was founded in 1970 and is wholly owned... binding offer was submitted for the sale of 100 percent stake in TRAINOSE (operation and management... Italiane, which also submitted a binding offer on Wednesday, the open joint-stock company Russian Railways
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PM hails Covid certificate but concerns mount in tourism sector
PoliticsGreek Politics. Hoteliers are asking for an extension of the low VAT regime and for the furlough scheme, which is due... once the European Medicines Agency (EMA) has given its approval. He suggested that this would give
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