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  1. Tax revenue overperformance leads budget primary surplus to 4.44 bln in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the target mostly due to VAT and consumption taxes’ overperformance of 303 and 198 million respectively. Specifically, VAT revenues rose by 10.1 percent to 15.01 billion, while consumption taxes increased

    6%

  2. Tsipras faces heavy lifting to finalise deal and get party approval
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    September), cutting VAT on electricity bills from 13 to 6 percent, reducing VAT on basic food products

    6%

  3. Athens grapples with awkward reduction of tax-free threshold
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    rate by 10 percentage points, the personal income tax rate to 15-20 percent and the top VAT rate... by 35 percent, lower taxes for self-employed and switch in the VAT rate for food services and catering

    6%

  4. Newsletter 108 - 24/02/2017

    Newsletters

    percent reduction in the ENFIA property tax, cutting VAT on electricity bills from 13 to 6 percent... related to VAT and withheld tax on wages would be excluded from any haircut, while the institutions favour

    6%

  5. This is where the last few days have left Greece and lenders
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    is hoping that, among others, it will be able to reduce property tax (ENFIA), VAT on electricity bills... that the implementation of cuts to the property tax or VAT will not be contingent on future fiscal performance

    6%

  6. Institutions back in Athens to resume review, agree new measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    percent, cuts in individual and corporate tax rates and lowering in VAT rates for food services (from 24... rate by 10 percentage points, the personal income tax rate to 15-20 percent and the top VAT rate

    6%

  7. Greece and creditors dive into details of measures and counter-measures
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    incomes and in contributions as well as lowering the VAT rate for certain products and services...-of-court workout that have to be resolved include the write-off of overdue VAT and withheld taxes from

    6%

  8. Round of talks nearing end with limited progress, serious doubts about March 20 goal
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    relate to reduction in the single property tax (ENFIA), lower VAT rate for certain products... VAT and withheld tax on salaried work appear to have been bridged. The technical delegations

    6%

  9. New overdue taxes rise by 1.6 bln in Jan, total stock at 93.4 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , of which two thirds were created by three key taxes: VAT, corporate income tax and single property tax (ENFIA). The biggest revenue gap of 215.1 million euros was created by VAT, whose collectability

    6%

  10. Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , VAT increased by 2.7 percent to 2.57 billion in the 2-month period, but fell short of target by 134... percent to 1.22 billion. However, the underperformance of VAT and consumption taxes was mitigated

    6%