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  1. Strike acts as focal point for cost-of-living frustration despite higher energy subsidies
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    that the government is still considering a reduction of the VAT rate on food, but only for a limited range... prices. The ministry has already used up to 250 million euros to lower VAT on coffee and transport

    5%

  2. PM sets out winter relief measures, rules out change to electoral law

    PoliticsGreek Politics

    servants that will be rolled out from 2024, extending the reduced VAT rate for transport, coffee and cultural events until next June and continuing the suspension of VAT on the construction of new

    5%

  3. Newsletter 351 - 16/09/2022

    Newsletters

    the reduced VAT rate for transport, coffee and cultural events until next June and continuing the suspension of VAT on the construction of new buildings until the end of 2024. Mitsotakis added

    5%

  4. Newsletter 370 - 17/02/2023

    Newsletters

    million euros and is part of a wider package that includes the extension of the low VAT rates for certain... advantage of high VAT intakes due to inflation and the economy showing resilience over the last few

    5%

  5. Newsletter 387 - 30/06/2023

    Newsletters

    outperformance of 2 billion euros up to May thanks to VAT and income taxes beating targets. However, the government in the previous term came under increasing pressure to lower VAT rates and resisted

    5%

  6. Kasselakis starts to open up as early polls show little impact on public opinion so far
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    on oligopolistic practices in the Greek market. He also suggested that he is in favour of VAT being reduced on certain goods and services. He called on the government to try a pilot reduction of VAT

    5%

  7. Newsletter 408 - 19/01/2024

    Newsletters

    to avoid any interventions on consumption taxes, and to reap the inflation rewards through bumper VAT... enjoyed a solid revenue year in terms of budget execution in 2023, with VAT intakes jumping from 21.71

    5%

  8. Newsletter 410 - 02/02/2024

    Newsletters

    consumption tax on fuel for farming and reducing the relevant VAT rate from 24 to 6 pct. Although Greek...-free fuel, scrapping of VAT on supplies, suspension of seizures and foreclosures, lower energy costs

    5%

  9. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    , there was a better performance in the collection of the current year’s taxes, notably VAT. VAT revenues amounted

    5%

  10. Parties get salty over cheese prices as cost of living debate heats up
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    profit margins for food, industrial goods and farm supplies and a permanent cut to VAT and other... that adopting such policies would lead to default. VAT on food products brings in between 2.5 and 3

    5%