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Reports raise questions about some economic policy decisions
EconomyMacroeconomycompetition and oversight in the Greek market, lowering the VAT rate on certain goods would not have... the VAT intakes and the fiscal outcomes. Some positive developments on the fiscal front came from
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Tough choices ahead for Mitsotakis, as reforms risk irking voters
PoliticsGreek PoliticsStefanos Kasselakis reigniting the row over VAT through a social media post on the price of coffee. Kasselakis accused the prime minister of misleading the public with promises of reduced VAT, which
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Newsletter 442 - 22/11/2024
revenues. VAT in particular, is expected to bring in 25.34 billion euros in 2024 and 26.67 billion... supermarkets themselves, to reduce VAT rates for certain goods, as supermarkets owners argue
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Mitsotakis dangles carrot of more tax cuts as SYRIZA heads for leadership vote
PoliticsGreek Politicsare urging the government to reduce VAT rates and bring them closer to the EU average. The retailers argue... to reducing VAT, arguing that consumers will not see any gains as supermarkets and other retailers
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomyrevenues. VAT in particular, is expected to bring in 25.34 billion euros in 2024 and 26.67 billion euros... supermarkets themselves, to reduce VAT rates for certain goods, as supermarkets owners argue that even
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Newsletter 444 - 06/12/2024
a VAT cut on essential goods, a windfall tax on banks and restrictions to the Golden Visa scheme... Mitsotakis unprepared. The first move by PASOK was to propose legislation that would lower the VAT
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Newsletter 445 - 13/12/2024
tax on bank profits, reducing VAT on basic goods and reduction of borrowing rates, in line... taxes make 38 billion euros, VAT alone is 26.67 billion euros. Income taxes stand at 25.21 billion
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Newsletter 460 - 02/05/2025
VAT revenues, and the introduction of the objective taxation for self-employed. The latter... prices: VAT rates were applied on goods whose prices even at headline level were hiked by close
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Fiscal data impressive but details suggest caution still required
EconomyMacroeconomyof POS units with cash registries, which boosted VAT revenues, and the introduction of the objective...-of-living crisis, especially with respect to food prices: VAT rates were applied on goods whose prices
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Government defends tax-cut package against opposition criticism
PoliticsGreek Politicswhere any solution is inadequate. VAT rates are another area on which opposition parties have.... In response, Pierrakakis and other officials argue that VAT cuts are not effective because
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