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  1. Budget for 2017 sees primary surplus at 2 pct on 2.6 bln fiscal measures, strong growth
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (439.6 million) 4) Increase in the VAT rate from 23 to 24 percent, implemented as of July 1, 2016... billion to 319.2 billion in 2017 largely reflecting the funding of the budget cash deficit and arrears

    7%
  2. Review delay brings Greek liquidity needs back into focus
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the rise in the VAT rate on islands hit by the refugee crisis. Summing up, Greece has to pay, largely... short-term funding gaps. Since Q1 2014, repos have been one of the key components of the Greek state’s

    7%
  3. Newsletter 105 - 03/02/2017

    Newsletters

    month. Around one third of the overdue taxes from 2016 stemmed from four key taxes: VAT, personal... of the third review would be more limited compared to the previous two processes. On the funding needs

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  4. Newsletter 117 - 05/05/2017

    Newsletters

    , reducing VAT on agricultural products from 24 percent to 13 percent, scrapping the special consumption... involve increasing housing benefits, family allowances and nurseries; funding school meals

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  5. Mitsotakis pledges tax cuts and reforms, hopes for lower fiscal targets
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in Thessaloniki), lower the tax on dividends to 5 percent, increase the threshold for submitting VAT... and for public universities to be evaluated by an independent quality assessor. The funding

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  6. Newsletter 132

    Newsletters

    the threshold for submitting VAT declarations to 25,000 euros and to introduce an initial tax rate of 9... to provide further funding to Greece after the third programme ends in August 2018 and that Athens itself

    7%
  7. Athens hopeful of clinching SLA after progress in creditor talks
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the remainder will be used to maintain the VAT benefits enjoyed by some Aegean islands, where... decision on whether to join again the Greek programme with new funding. “It's something that would

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  8. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    to 100 percent from January 2020, he added. Finally, he pledged that the top rate of VAT would... and more funding for research and innovation. Finally, Tsipras also announced a set of subsidy measures

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  9. Newsletter 175 -21/09/2018

    Newsletters

    for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent before... in revenues from the tax (after his reductions) is roughly equivalent to the amount of state funding

    7%
  10. SYRIZA lines up more relief measures to entice voters
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to left-leaning Efimerida ton Syntakton, this relates to reductions in income tax, VAT... and the funding for the rent subsidy scheme launched earlier this year. It is clear, though

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