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  1. With tax-free threshold set for change, income declarations underline need for rethink
    Photo by Lazaros Koutsoukos/Fosphotos

    EconomyProgramme

    the personal income tax credit (relative to the average wage) to the eurozone average, it could..., the personal income tax rate to 15-20 percent and the top VAT rate of 24 percent by 1 pp

    15%

  2. How Greece sleepwalked off a cliff in 2009, in black and white

    Agora

    percent. Indirect taxes in the first six months were down by 5.3 percent, led by VAT intakes... developments would soon be reflected in the country’s credit worthiness, which would further impact

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  3. Newsletter 149 -2/02/2018

    Newsletters

    the sovereign credit rating, before issuing any more bonds. The goal is to make a 10-year bond... The collectability rate rose for VAT and ENFIA and fell for corporate and personal income tax The stock

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  4. Fourth review begins, with Athens and creditors also focussing on post-MoU era
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the Public Power Corporation’s lignite-powered units; the lifting of VAT exemptions... on instead of a precautionary credit line. The Greek side is also examining the changes it wants to make

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  5. Newsletter 169 -06/07/2018

    Newsletters

    and institutions. In terms of Greece’s credit institutions, BoG notes the successful conclusion.... The report noted that if card payments in Greece reached the EU average level, annual VAT revenue

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  6. Draghi sets out QE obstacles facing Greece
    Photo by MacroPolis

    EconomyProgramme

    Yannis Stournaras had encouraged the government to opt for a precautionary credit line, which would... the target by 800 million euros. VAT revenues came to 10.9 billion euros, 200 million euros more than

    15%

  7. Newsletter 175 -21/09/2018

    Newsletters

    for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent before..., transactions by credit or debit cards came to around 5 percent of GDP. By 2017, the year for which

    15%

  8. Athens warned about missing fiscal targets rather than changing them unilaterally
    Klaus Regling

    EconomyProgramme

    about the composition of the measures (pension bonus and VAT cuts) as they are not growth friendly... and that a precautionary credit line would be needed and even that we would not be able to tap the markets,” he said

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  9. OECD lowers growth forecast, warns Athens to maintain fiscal credibility
    Photo by MacroPolis

    EconomyMacroeconomy

    . On the other hand, bank lending in some sectors along with credit demand are growing while the cost..., the revenues from VAT reduction will be lower and spending on pensions will increase this year. Added

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  10. Government gets back to work with shuttle diplomacy and legislation

    PoliticsGreek Politics

    of opportunity presented by falling yields on Greek bonds, which his government is keen to take credit.... These include lower rates of corporation tax and dividend tax, as well as a three-year suspension of VAT

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