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  1. New overdue taxes rise by 610 mln in May, total stock remains above 100 bln for fourth month

    EconomyMacroeconomy

    month. The VAT collectability rate edged down to 85.3 percent from 85.7 percent previously. The amount of VAT due came to 896.1 million, falling against April’s figure of 1 billion. Income tax due fell

    5%
  2. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    mostly due to VAT rate hikes in 20 of the 28 member states during this period. The Institut Economique... (June 13). This is in part due to the fact that VAT rates stood at 19 percent in 2010 and went

    5%
  3. Mitsotakis eyes tax cuts to jump-start economy, also seeks unity but not with SYRIZA
    Photo via @kmitsotakis

    PoliticsGreek Politics

    tax for the self-employed, cutting the VAT rate in the food service sector from 24 to 13 percent... VAT in the construction sector for three years and offer a 40 percent tax discount on refurbishment

    5%
  4. Greek leaders' contrasting visions all a blur
    Photo via @kmitsotakis

    Agora

    the VAT rate in the food service sector from 24 to 13 percent, a three-year VAT grace period and 40

    5%
  5. Greek tax rate hikes among highest in OECD countries, tax report shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Broken down by component, social contributions, VAT, taxes on goods and services and taxes on property... billion euros, a rise of 89.7 percent. VAT revenues showed an increase of 45.9 percent and rose from

    5%
  6. FDI, rather than tax cuts, holds key to stronger growth rates - study

    EconomyFeatures

    . It also tested scenarios for tax cuts to VAT, personal income and corporate tax rates... found that cutting VAT and personal income tax helped raise consumption levels, but also led

    5%
  7. Tsipras, Mitsotakis cast gloves aside as pre-election fight gets personal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    with immediate VAT reductions and a bonus for pensioners. However, the debate degenerated into a personal... that the current government had raised VAT after taking over from the conservative-led

    5%
  8. Lenders highlight risks of 'short-term popular' measures unveiled by government
    Photo by MacroPolis

    EconomyProgramme

    There has been a highly sceptical reaction from the institutions to the fiscal expansionary measures announced by the Greek government this week, including a reduction to VAT rates and a bonus... to support deeper structural reforms.” Dolman argued that narrowing the VAT base and cancelling next

    5%
  9. Budget primary surplus confirmed at 1.46 bln in April, above target by 2.31 bln on higher revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    were seen in VAT on other goods and services by 412 million euros (+8.9 percent), transfers by 103.... Property tax revenues came to 505 million and surpassed their target by 27 million euros. VAT revenue

    5%
  10. Newsletter 208 -31/05/2019

    Newsletters

    measures also included a series of reduction in VAT that include processed food, catering... and producers of goods following the VAT reductions. The economic expansion will partially offset

    5%