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Newsletter 216 -26/07/2019
to VAT and the ENFIA property tax, which is due to be legislated in the coming days, will lead... March this year, which came to 1.12 billion euros, excluding VAT. Overall, net revenues amounted
4% -
Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economynewborn baby and the reduction in the VAT for all baby products, and safety helmets for motorcycles... million euros. Another 26 million is expected from the freezing of VAT for three years for new
4% -
More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economythe deferral of VAT and other tax and social security obligations for four months for companies... the end of the year and reducing the VAT rate for accommodation to 6 from 13 pct. SETE suggests
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicsof certain expenses, larger reduction in social security contributions, reduced VAT on air travel and 6 pct VAT on hotels. However, all this has to be balanced against the available public finances
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legalin order to promote and extend the distance vocational activity. 4. VAT Reduction The reduction of VAT
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomy, the main declines in revenues were noted against sales of fixed assets (-313 million), VAT... of figures showed that VAT taxes overall fell by 314 million euros against the target. Reflecting the drop
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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomyof tax relief measures such as the suspension of VAT payments and the assessed debts to the companies... if they paid their debts on time (VAT and assessed taxes). State budget net revenues came to 14.10 billion
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Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation
PoliticsGreek Politicswill also reportedly include other tax breaks as well, including VAT being reduced to 13 pct on tickets... have lost their income, all or in parts. It will also include a reduction in VAT rates for a range
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Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
EconomyMacroeconomyto the adoption of tax relief measures such as the suspension of VAT payments and the assessed debts... as an incentive if they paid their debts on time (VAT and assessed taxes). State budget net revenues
4% -
Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
EconomyMacroeconomyby the government such as the suspension of VAT payments and the assessed debts to the companies affected... their debts on time (VAT and assessed taxes). State budget net revenues came to 19.23 billion euros
4%