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How big is the gap separating Greece and the institutions?
EconomyProgramme, it is clear how difficult a task it will be to reach a compromise. VAT On VAT, the institutions insist... to this year since the new VAT rates will be effective from July 1. Apart from the total estimated proceeds, a key difference lies with the allocation of products in the VAT rates. In particular
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Newsletter 32 - 26/06/2015
to Thursday’s meeting of eurozone finance ministers. Starting from VAT, the institutions demand net.... However, the key differences relate to the reshuffling of products and services in the three VAT... proposes it apply to food, water and hotels. Another thorny issue lies with the 30 percent VAT discount
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This is what's in the legislation Greece has to approve by Wednesday night
EconomyProgramme. These measures relate to VAT and tax issues and the legal independence of the Hellenic Statistical.... VAT On VAT, the draft bill sets the new basic rate at 23 percent. For pharmaceuticals, books..., while hotels VAT rate previously at 6.5 percent doubles to 13 percent. The abolition of the 30
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Report shows Greek tax burden increased in 2015, remaining above OECD average
EconomyMacroeconomypercent of total taxation much higher than the OECD average ratio of 30.5 percent. However, VAT stood... the performance of VAT, the report presented the VAT Revenue Ratio (VRR), which measures the difference between the VAT revenue actually collected and what would theoretically be raised if VAT was applied
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Newsletter 209 -07/06/2019
in installments, reduced VAT rates, the return of the 13th pension payment, and the reversal... is already the highest as a share of GDP in the EU. Combined with VAT changes, the EC says... of measures that included a bonus pension and lower VAT rates for a number of processed goods
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Newsletter 499 - 20/03/2026
of the Ukraine war, pushing back against opposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections — the government argued that VAT cuts... and 36.92 billion in 2024. VAT revenues alone are expected to rise from 25.68 billion euros to 29.23
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Energy crisis puts squeeze on Greek fiscal policy
Agoraopposition calls to reduce VAT on basic goods — a measure adopted by several other EU member states. Beyond ideological objections (the government argued that VAT cuts would not work in the Greek context... revenues of 40.9 billion euros, up from 39.21 billion last year and 36.92 billion in 2024. VAT
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When will Greek banks operate as credit institutions again?
Agoraof 6.6 percent. This is the highest level since the country joined the euro area! Under.... The 6.6 billion euro injected in privately held Banco Comercial Português (BCP), Banco BPI and state
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To Potami takes next step in mission to become key political player in Greece
PoliticsGreek Politicsin the European Parliament elections on May 25, the party’s result of 6.6 percent was still impressive given its... the 6.6 percent it received at the EU ballot) to transform it into a party that could govern
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Income inequality in Greece remained high in 2013
SocietyThe share of the income of the wealthiest fifth in Greek society was 6.6 times higher than that of the poorest fifth in 2013, data published this week by the Hellenic Statistical Authority shows..., when it was 6.6. Measuring using the same ratio, income inequality for the over 65s increased to 4.1
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