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  1. Asking Greece to stack more austerity measures ignores past failings
    Photo by Harry van Versendaal

    Agora

    taxes, notably VAT. The indirect tax intake was even lower than the previous year’s. At the same time

    6%
  2. EC expects milder recession of 0.3 pct in 2016, sees debt to GDP at 178.8 pct in 2017
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    stem from the pension reform (1 percent), personal income tax reform (1 percent) and changes in the VAT

    6%
  3. A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors

    EconomyProgramme

    on Tuesday, the Commission revealed that these would include revenues from the standard rate of VAT rising

    6%
  4. Newsletter 72 - 06/05/2016

    Newsletters

    percent) and changes in the standard VAT rate (0.25 percent) as well as from adjustments in the public

    6%
  5. Greek tourism: Hopeful yet uncertain for 2016
    Photo by MacroPolis

    EconomyFeatures

    hikes which could potentially impact Greece’s image as a cheap holiday destination, including a VAT

    6%
  6. Newsletter 73 - 13/05/2016

    Newsletters

    VAT rate from 23 to 24 percent that would yield 0.25 percent of GDP, an increase in current

    6%
  7. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    important revenue sources relate to an increase in the basic VAT rate from 23 to 24 percent

    6%
  8. Coalition ministers, MPs wrestle with implications of Eurogroup agreement
    Photo by MacroPolis

    PoliticsGreek Politics

    Kamateros labelled “unacceptable” on Thursday the rise of VAT on the Greek islands, which enjoyed

    6%
  9. Final budget primary surplus reached 2.72 bln at end-April after upward revision of PIB revenues
    Photo by MacroPolis

    EconomyMacroeconomy

    and other direct taxes outperformed by 162 and 40 million respectively. On the indirect tax front, VAT

    6%
  10. OECD sees economy picking up from second half of 2016, underlines need for reforms

    EconomyMacroeconomy

    in 2017. In addition, increases in the standard VAT will raise headline inflation temporarily

    6%