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Opposition cries foul on government's tax priorities
PoliticsGreek Politics, reducing VAT on basic goods and increasing the minimum wage. Communist Party KKE also called
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ND sets sights on pegging back KINAL following sudden rise
PoliticsGreek Politicsin VAT on basic goods and the special consumption tax on energy and lower non-labour wage costs
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Rising yields, market turbulence limit government's fiscal options
EconomyIt seems that the Finance Ministry toying with the idea of countering inflation by reducing VAT and special consumption taxes on fuel and basic goods only lasted about a week, partly due to developments on the bond market, which have been exacerbated by the ECB signalling last Thursday
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Govt pins hopes on lifting Covid restrictions in March as experts tread more cautious path
PoliticsGreek Politicsto speculation about a possible VAT cut on basic goods and presented a more modest round of energy
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Newsletter 327 - 11/02/2022
reduction to the ENFIA property tax. As a result, any attempt to cut VAT or reduce consumption taxes
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Tsipras repeats call for elections with one eye on rising KINAL
PoliticsGreek Politicsto implement the MoU. The SYRIZA leader reiterated his party’s proposals to cut fuel duty and VAT on basic
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Jan budget deficit confirmed at 15 mln, revenues 610 mln short and spending underexecuted
EconomyMacroeconomy. VAT revenues were short of target by 212 million euros, excise tax revenues were under target by 65
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Newsletter 330 - 04/03/2022
ahead. It is not certain that the government will be able to deflect the pressure to act on VAT
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Mitsotakis pledges more help to tackle inflation, calls for EU price cap on natural gas
PoliticsGreek Politicsto increase again on May 1. Finally, the opposition party also proposed a reduction in the VAT rate on some
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Govt readies additional inflation relief package, draws up new budget
PoliticsGreek Politicsintakes from VAT on fuel were 321 million euros against 2020. This was 63 million euros above target
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