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  1. Newsletter 490 - 16/01/2026

    Newsletters

    VAT on diesel fuel alongside the promised rebate on consumption tax, and improve compensation terms.... This was reflected in another round of credit rating upgrades during 2025 and in the comfortable rollout

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  2. Moody's keeps rating unchanged at 'Baa3' and outlook stable
    Photo by MacroPolis

    Economy

    the primary driver of its credit strength, with the country’s primary surplus reaching 4.7 pct of GDP in 2024... by narrowing the VAT gap and combating evasion. Despite starting from one of the highest levels globally

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  3. Newsletter 333 - 01/04/2022

    Newsletters

    VAT on specific food products temporarily to ease the burden on consumers, who have seen... will not be pressured”, he stressed, “and I say the same to SYRIZA”.EconomyHigher VAT revenues give government... liberal economic credentials, the government is of the view that any reduction in VAT could be lost

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  4. Bank of Greece outlines challenges to SME funding, gaps in knowledge
    Photo by MacroPolis

    EconomyFeatures

    or performance were related to their access to bank credit and trade credit, while at the same time... and performance were important limiting factors in a firm’s access to credit, while exporting companies have... quarter in manufacturing and construction. The firms reported that in the last six months, trade credit

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  5. Tsipras conducts varied reshuffle in further bid to revitalise coalition
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    be leaving the Interior Ministry to become SYRIZA’s secretary, several other frontline officials... role is Alexis Haritsis. The 41-year-old was appointed interior minister, replacing the outgoing... is one of the few cabinet members to emerge with his reputation relatively intact. The Interior

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  6. PM makes limited, cautious changes to cabinet after election disappointment
    Image: www.primeminister.gr

    PoliticsGreek Politics

    at ministerial level in five departments: Development, Migration, Interior, Labour and Agricultural... as Interior Minister. Kostas Tsiaras, once a justice minister under Mitsotakis, becomes the new agriculture minister. Niki Kerameus is being moved from the Interior Ministry to the Labour Ministry

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  7. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    also notes that VAT revenues to GDP stayed almost stable at 7.1 percent in 2012, slightly above... percent in 2012 remaining above the OECD average of 19.5 percent. Greece’s standard VAT rate of 23...) among eurozone countries. The report acknowledges that the average standard VAT rate of the 21 OECD EU

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  8. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    respectively. VAT revenues, in particular, increased by a mere 11 million to 13.63 billion euros in 2015. There is a lot of discussion about the effectiveness of the VAT reshuffling implemented in 2015, when the VAT rate on a large number of goods and services increased from 13 to 23 percent in July coupled

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  9. Central bank points out signs of recovery in business lending
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    The signs of recovery in the provision of credit to businesses in the Greek economy were presented.... Increased economic activity during 2018 supported the demand for credit by businesses in certain sectors in Greece. Notably, tourism, energy, shipping and agriculture had positive cumulative flow of credit

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  10. Newsletter 1 31/10/2014

    Newsletters

    allowing the conversion of deferred tax asset (DTA) to tax credit, which represents a future capital... for the government to use as a precautionary credit line to help exit Greece’s bailout at the end of this year... the key role in restoring credit growth and providing liquidity. As part of the AQR exercise, ECB

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