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Newsletter 95 - 11/11/2016
the impending danger from the extreme right or left. But enough of the electorate had already tuned... Marks. “When these men were born, white males ran America; their communities weren’t mixed
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If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study
EconomyMacroeconomypercent increase of value or number of card transactions resulted in an average increase of VAT... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt... and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card
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Newsletter 91 - 07/10/2016
) and increasing the excise on fuel (440 million) and the VAT rate from 23 to 24 percent (218 million..., to meet their payment obligations. While the ENFIA and VAT collection rates reached 83 percent and 81.... Syriza campaigned in favour of abolishing the tax, only to embrace it after taking office. VAT has
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Primary budget surplus 923 mln short of target in Jan as revenues fall by 18.4 pct
Economyreflects weak income tax and revenues from VAT. In particular, income tax plummeted 47.5 percent to 519 million euros, 479 million short of target, while VAT dropped 16.3 percent to 1.33 billion, 321 million lower than target. The revenue shortfall stems from the extension of the VAT payment until
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsproducts from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT
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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsevasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks
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Greece's taxing challenges
Agoraobligations. While the ENFIA and VAT collection rates reached 83 percent and 81 percent last year... campaigned in favour of abolishing the tax, only to embrace it after taking office. VAT has been increased... season. A further hike in motor tax for 2017 awaits Greek citizens in December. If that weren’t
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicswas considering VAT cuts on basic goods, after Finance Minister Christos Staïkouras warned that such a move could..., SYRIZA leader Alexis Tsipras said that “things would be comical if they weren’t so serious”. SYRIZA is calling for an increase of the minimum wage to 800 euros, cuts to VAT on basic goods and excise
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CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
EconomyMacroeconomyin the VAT rates applied as of July 20. This is because the price observations usually take place in the middle of each month. Thus, ELSTAT stresses that the implications from the VAT rate streamlining... on prices from the VAT reshuffling that will have an impact on the headline figure as of August.
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyin August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate
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