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Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July
EconomyMacroeconomyand reaming the key contributor to the revenue overperformance. In particular, VAT revenues fell
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Mitsotakis pledges tax cuts, looks for party balance and broad appeal
PoliticsGreek Politicsto reduce VAT from 23 percent to 13 percent in the food service sector, against the wishes
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MPs approve redevelopment of ex-Athens airport, which study sees having key economic impact
Economyrevenues relates to VAT, followed by social security contributions (16 percent), property transfer tax
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Newsletter 90 - 30/09/2016
in the eight-month period, of which 1.18 billion relates to VAT, almost 400 million to personal income tax
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Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln
EconomyMacroeconomyon energy products (440 million) 4) Increase in the VAT rate from 23 to 24 percent (218 million) 5
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Revenues spring surprise by beating Sep target, providing 1.4 bln cushion for Q4
EconomyMacroeconomyin September could also relate to potentially increased tax audits that could have yielded higher VAT
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Some progress in first round of talks but most second review issues remain unresolved
EconomyProgrammeand contributions that will be written off. It has been agreed that VAT debt will be excluded from
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Newsletter 94 - 04/11/2016
and VAT, and making company name search and reservation faster”. It also made paying taxes easier
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economythan expected revenue performance, mainly stemming from higher VAT revenues and corporate income
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Second review to resume in Athens under severe time pressure
EconomyProgramme-offs, while VAT debt will be excluded from any write-off. There are also several other key actions
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