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  1. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    in order to promote and extend the distance vocational activity. 4. VAT Reduction The reduction of VAT

    4%
  2. Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    , the main declines in revenues were noted against sales of fixed assets (-313 million), VAT... of figures showed that VAT taxes overall fell by 314 million euros against the target. Reflecting the drop

    4%
  3. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    of tax relief measures such as the suspension of VAT payments and the assessed debts to the companies... if they paid their debts on time (VAT and assessed taxes). State budget net revenues came to 14.10 billion

    4%
  4. Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation

    PoliticsGreek Politics

    will also reportedly include other tax breaks as well, including VAT being reduced to 13 pct on tickets... have lost their income, all or in parts. It will also include a reduction in VAT rates for a range

    4%
  5. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    to the adoption of tax relief measures such as the suspension of VAT payments and the assessed debts... as an incentive if they paid their debts on time (VAT and assessed taxes). State budget net revenues

    4%
  6. Budget primary shows deficit of 5.86 bln in June, target shortfall widens to 6.18 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    by the government such as the suspension of VAT payments and the assessed debts to the companies affected... their debts on time (VAT and assessed taxes). State budget net revenues came to 19.23 billion euros

    4%
  7. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
    Photo by MacroPolis

    EconomyMacroeconomy

    of the decrease was mainly due to the adoption of tax relief measures such as the suspension of VAT... as the provision of a 25 percent discount as an incentive if they paid their debts on time (VAT

    4%
  8. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    the target by 1.40 billion euros. VAT revenues missed their target by 1.74 billion euros during... or 14.1 percent. This was followed by sales of fixed assets by 314 million euros or 98.8 percent and VAT

    4%
  9. Budget primary confirmed at deficit of 5.48 bln in August

    EconomyMacroeconomy

    on goods and services were below the target by 1.60 billion euros. VAT revenues missed their target... euros and VAT on fuel by 371 million. Expenditure Primary expenditure came to 3.99 billion in August

    4%
  10. Budget primary shows deficit of 7.01 bln in September
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    were below the target by 130 million euros. VAT revenues missed their target by 2.23 billion euros... euros. This was followed by sales of fixed assets by 314 million euros and VAT on fuel by 318 million

    4%