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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomy, and notably VAT. VAT intakes in 2023 were 23.45 billion euros and are seen closing at 25.25 billion... transactions, as well as higher VAT revenues. The measure was rolled out before the summer so..., it is beyond dispute that VAT and other indirect taxes have greatly benefited from persistent
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek Politics50,000 euros. No VAT change? However, the local media appears to be in agreement that one of the measures which is unlikely to be considered is reducing the VAT rate. Elevated VAT revenues, boosted... indirect taxes, including VAT. The conservatives argue that regardless of whether such cuts helped
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Newsletter 479 - 10/10/2025
, specifically VAT. This year will see strong budget revenues, with total taxes estimated to reach 70.88 billion... taxes and income taxes at roughly 37 pct. VAT has a prominent role, as it is expected to reach 53... billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due to beat the initial target
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Government budgeting on a late RRF sprint
EconomyMacroeconomyon indirect taxation, specifically VAT. This year will see strong budget revenues, with total taxes... taxation at 55 pct of total taxes and income taxes at roughly 37 pct. VAT has a prominent role... are seen coming to 15.88 billion euros. Corporate taxation is seen at 7.8 billion euros. VAT is due
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Newsletter 106 - 10/02/2017
. Industrial production up 2.2 percent in December Headline figure is the ninth successive positive reading The Industrial Production Index (IPI) rose by 2.2 percent in December, from a downward revised 2.... The seasonally adjusted IPI rebounded 2.2 percent from the previous month, after retreating by 1 percent
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Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
EconomyProgrammepercent, lower than the recent IMF and European Commission (EC) forecasts of 2.2 and 2.1 percent... seen up by 2.6 percent but slowing thereafter to 2.3 percent in 2020 and to 2.2 percent in 2021... are expected to edge up 0.2 percent in 2017 and grow by 2.2 and 2.4 percent in 2018 and 2019 respectively
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Newsletter 173 -07/09/2018
, the highest since Q3 2016. Gross capital formation declined by 2.2 percent QoQ. The MoF expects strong... ambitious than the initial target by 2.2 billion and aims to bring the pile of NPEs to 64.6 billion... by the general government. Gross capital formation declined by 2.2 percent QoQ. On a quarterly basis, gross
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Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
EconomyMacroeconomyby 0.5 percent QoQ and services exports increased by 2.2 percent. Imports of goods dropped by 1.4... down to 2.2 pct and is seen at 2.3 pct for 2025. In the latest financial stability report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent for 2024, and 2.5 pct
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GDP grew by 0.8 pct QoQ in Q4, 2025 real growth at 2.1 pct
EconomyMacroeconomy. Outlook In the final 2026 budget, the Finance Ministry sees growth at 2.2 pct for 2025 and 2.4 pct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct. The European Commission in its latest autumn forecasts published in November sees the Greek economy growing by 2.1 pct in 2025 and 2.2
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Accommodation and food services index up 7.6 pct in Q3
EconomyMacroeconomy, the recent government proposal to double the hotel VAT rate to 13 percent, aligning... that the hike in the VAT rate has a direct positive impact on VAT revenues by at least 350 million euros... from doubling the VAT rate would lead to 2.6 million fewer tourist arrivals next year, with travel
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