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Nov current account deficit widens to 3.3 bln, 11M falls below 12 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.3 billion euros in November, from a deficit of 1.45 billion euros in October, Bank of Greece (BoG) data showed on Friday. In November 2022, the balance showed a deficit of 3.91 billion euros, while in November 2021 the current account posted
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Car sales record modest rise in August, up 3.3 pct YoY in 8M
EconomyMacroeconomy. In the first eight months of 2025, road motor cars rose by 3.3 percent annually. Passenger cars were
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Energy propels 3.3 pct YoY drop in import prices in Nov
EconomyMacroeconomyGreece’s import price index stayed in contraction in November, with a drop of 3.3 percent year-on-year (YoY), after a 2.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index peaked in April 2022 with a 39.1
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Tsipras tries to entice voters with VAT cuts and pension bonuses
PoliticsGreek Politicsproducts from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT
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Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
PoliticsGreek Politicsevasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks
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Greek deflation decelerates to 1.5 pct due to VAT rate hikes
EconomyMacroeconomyin August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate
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Govt proposes property VAT reduction to kickstart home sales
EconomyFeaturesThe government is taking measures to reduce the VAT on all properties built from 2006 onwards... homes onto the market without a VAT of 24 percent for the next three years. The announcement... the measures on VAT, the new government promoted a business-friendly image from the moment they launched
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Income tax and VAT revenues drive budget primary surplus to 3.38 bln in Feb
EconomyMacroeconomytaxes (VAT, excise taxes etc.). VAT revenues amounted to 4.44 billion, 127 million higher than
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Primary surplus at 4.37 bln up to March thanks to deferred spending, VAT intakes
EconomyMacroeconomyare 685 million euros above the target. Taxes overshot the target by 308 million euros. VAT revenues... amounted to 1.03 billion. VAT revenues beat the target by 438 million euros. Income tax revenues came
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomythanks to 829 million euros over-performance in property tax ENFIA due to earlier collection. VAT intakes
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