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  1. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    and other direct taxes outperformed by 162 and 40 million respectively. On the indirect tax front, VAT

    5%

  2. OECD sees economy picking up from second half of 2016, underlines need for reforms

    EconomyMacroeconomy

    in 2017. In addition, increases in the standard VAT will raise headline inflation temporarily

    5%

  3. Government hopes offer of tax breaks and grants will spark growth boost

    EconomyMacroeconomy

    million euros are expected to be collected from VAT, 522 million from social security contributions, 301

    5%

  4. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    percent of GDP, while the respective figure for VAT stands at 3.5 percent. In addition, lost revenue

    5%

  5. Budget primary surplus of 2.28 bln in first five months of 2016, tax revenues beat target in May
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    . On the indirect taxes front, VAT revenues continued heading north at an accelerating pace. They rose by 24.9

    5%

  6. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    of Piraeus and Thessaloniki. On the price front, higher VAT and increased steel prices coupled

    5%

  7. Drop in CPI slowed to 0.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    VAT rate from 23 to 24 percent was implemented, with estimated revenues of 0.25 percent of GDP

    5%

  8. Greek expats generating 9.1 bln in taxes abroad each year, study suggests
    Photo by MacroPolis

    Society

    ) relates to income taxes and social security contributions and 1.2 billion to VAT. Overall, Endeavor

    5%

  9. Budget primary surplus confirmed at 2.5 bln in H1 2016, tax revenues soar in June

    EconomyMacroeconomy

    in the 6-month period to 4.15 billion, 319 million above target, while VAT recorded a similar

    5%

  10. Budget primary surplus reaches 3.6 bln in 7-month, monthly revenues miss target in July

    EconomyMacroeconomy

    and reaming the key contributor to the revenue overperformance. In particular, VAT revenues fell

    5%