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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomyby 9 million euros. Broken down by category, VAT was below its target by 95 million euros, or 5.9 percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5
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Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
EconomyMacroeconomythat the overperformance was mainly due to VAT in other products by 99 million, transfers of 105... euros, below target by 22 million. Broken down by category, VAT was below its target by 384 million
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Newsletter 303 - 02/07/2021
to plan permanent relief measures, including lower income taxes and reduced VAT for certain... to VAT in other products by 99 million, transfers of 105 million and other revenues by 40 million
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicsof corporate tax from 24 to 22 pct from January 2022 at a cost of 183 million euros; reduction of VAT... the impact inflation will have on household budgets. The steps include: Extending reduced VAT rates
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomy, to 28.72 billion euros. Various VAT, consumption and income taxes categories outperformed up to the August period with VAT on other products and services, taxes on other goods and personal income tax
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The quarterly national accounts from the income side
Agoracan look at the component of GDP that accrues to the government, which is indirect taxes (VAT etc... that taxes in Greece are too high in general, and thus it is cutting taxes, including VAT, corporate
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsto Greece’s 24 pct VAT rate and gave the counter-example of Germany where VAT was cut to 16 pct
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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... is calling for an increase of the minimum wage to 800 euros, cuts to VAT on basic goods and excise
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Newsletter 324 - 21/01/2022
of living could be imminent. SYRIZA has already suggested that VAT on some goods should be lowered... that reducing VAT on bread alone would lead to around 150 million euros less flowing into public
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Newsletter 328 - 18/02/2022
of energy products should push up revenues from VAT and special consumption taxes on those goods, as well as VAT intakes from other goods and services, which could set out the fiscal space needed to fund
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