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  1. Tracing the decline of the middle class as parties vie for its votes
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyFeatures

    taxes on activities traditionally identified with the middle class - eating out (lower VAT

    9%
  2. Newsletter 214 -12/07/2019

    Newsletters

    of the VAT rate so that all food products and everything served in the catering sector have a 13 percent

    9%
  3. New government holds first talks with creditors, may opt for cautious fiscal approach
    Photo by MacroPolis

    EconomyProgramme

    , the lowering of VAT rates and possibly the staggered reduction of ENFIA property tax. The idea behind splitting

    9%
  4. Hatzidakis announces strategy for partial privatisation of PPC

    EconomyFeatures

    . This will seemingly be done by exploiting recent reductions in VAT, with PPC being allowed to increase its

    9%
  5. Finance Ministry faces balancing act as it starts to draft 2020 budget
    Finance Ministry

    EconomyProgramme

    ’ hands, while cuts to VAT and the ENFIA property tax, which is due to be legislated in the coming

    9%
  6. New Democracy starts rolling out its first three bills

    PoliticsGreek Politics

    reductions to income, corporate and dividends as well as VAT and will be a key step towards New

    9%
  7. Hatzidakis details plans for PPC, puts forward new CEO
    Photo by MacroPolis

    EconomyFeatures

    , but the rise would be fully offset by falls in VAT implemented by the previous government before

    9%
  8. New government sets sights on sustainable and wide-reaching tourism industry
    Photo by Yannis Drakoulidis/Fosphotos

    Economy

    would be boosted by reducing the VAT rate on tourist packages to 13 percent from 24 percent, dropping

    9%
  9. Newsletter 217 -02/08/2019

    Newsletters

    acknowledged that prices would rise, but the rise would be fully offset by falls in VAT implemented

    9%
  10. Budget primary surplus reaches 1.78 bln in July, almost double target
    Finance Ministry

    EconomyMacroeconomy

    overperformance is primarily attributed to an amount of 1,12 billion euros (excluding VAT) received

    9%