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  1. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    in VAT and consumption taxes by 5.4 and 15.7 percent respectively. However, the 3-month indirect taxes eased 0.4 percent to 5.41 billion, 233 million short of target, largely due to VAT, which slipped

    7%
  2. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    Athens feels it cannot back down. On the issue of VAT hikes, for instance, he defended the discount... is against the idea of raising VAT on other products or services because it would affect all Greeks

    7%
  3. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    with estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through... in the VAT rates, pension and labour market interventions as well as the settlement of non-performing

    7%
  4. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    of debate in an interview on Tuesday. It relates to the incremental revenues from VAT rate reform. Juncker said that additional VAT revenues should reach 1 percent of GDP, corresponding to 1.8 billion euros

    7%
  5. Tsipras keeps IMF waiting, turns focus to MPs and opposition
    Photo by MacroPolis

    PoliticsGreek Politics

    Kammenos. He insisted on Thursday that there would be no rise in VAT on Aegean islands as long as he... Minister Panos Kammenos. He insisted on Thursday that there would be no rise in VAT on Aegean islands

    7%
  6. Newsletter 30 - 12/06/2015

    Newsletters

    reform and VAT, which are some of the key obstacles. Athens still appears to believe that its lenders... to the policies SYRIZA was advocating a few months ago. Among the proposals are VAT rises, phasing out of early

    7%
  7. Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders

    Economy

    ’ proposal for additional revenues of 1 percent of GDP from VAT reform and another 1 percent from pension cost savings. Although there could be a convergence with Greece on VAT, it is apparent

    7%
  8. Tsipras needs to sign a deal, but which one?

    Agora

    in on VAT hikes, 88 percent said it should not raise VAT on electricity by 10 percentage points, 83

    7%
  9. Greek coalition braces for internal debate over agreement with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    ), as well as a 10 percentage point rise in VAT on electricity. Labour Minister Panos Skourletis also... for Tsipras is Independent Greeks’ opposition to scrapping a 30 percent discount on VAT for Aegean

    7%
  10. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    entirely attributed to lower VAT revenues, while consumption taxes outperformed. In specific, VAT revenues

    7%