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  1. PM’s rivals rally to farmers’ cause as protests continue across country
    Photo by MacroPolis

    PoliticsGreek Politics

    of New Democracy’s past, intervened over the weekend with remarks that underscored the political... Samaras, Karamanlis’s remarks nonetheless highlighted internal unease. The interventions of Samaras

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  2. Farmers’ protests escalate as political veterans express concerns about democracy
    Photo by MacroPolis

    PoliticsGreek Politics

    . Samaras’s remarks appeared to be a political signal, reinforcing his image as a dissenter and fuelling... the quality of governance and that rule of law safeguards must be defended. His remarks added to a record

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  3. GDP shows annual growth of 2.2 pct in Q3
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    quarterly growth streak experienced by Greece began in Q2 2005 and ended in Q4 2006. GDP grew by 2.2... percent QoQ. As mentioned, the provisional estimates showed that GDP grew by 2.2 YoY after a downward... of services rose by 2.2 percent QoQ and 13 percent YoY. The MoF’s growth estimate for imports in 2018

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  4. If rising card use in Greece meets EU average, VAT revenues would see 3.3 bln boost - study

    EconomyMacroeconomy

    percent increase of value or number of card transactions resulted in an average increase of VAT... 1 ppt increase of card use as a share of private consumption increased VAT revenues by 1.4 ppt... and led to at least 50 percent of total annual VAT revenues increasing in 2017. IOBE notes that if card

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  5. Tsipras tries to entice voters with VAT cuts and pension bonuses
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    products from the top rate of VAT at 24 percent to the lower one, at 13 percent. Similarly, the VAT..., VAT on energy bills will be reduced from 13 percent to 6 percent. Tsipras also said that 800 million... Democracy's thunder as the opposition party has made its plans to reduce taxes, including VAT

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  6. Mitsotakis dangles promise of further tax relief but opposition questions VAT revenue bonanza
    Photo via https://flic.kr/p/j1gHCm

    PoliticsGreek Politics

    evasion. According to the PM’s plan, the increase in tax revenues from improving VAT collection... target, while VAT delivered close to 690 million euros of overperformance and excise taxes just... capital gains and VAT on new builds. In addition, the government is said to be considering tweaks

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  7. Budget primary surplus grows in April thanks to one-off revenues and restricted spending

    EconomyMacroeconomy

    the settlement of 2.2 billion tax arrears reached 110 million until April 29 within the first..., the 4-month PIB balance showed a surplus of 704 million substantially above a deficit target of 170 million

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  8. Drop in arrivals and spending impinge on H1 travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    dropped by 10 percent to 704 million. In the first half of the year the cumulative figure... by the United Kingdom where receipts increased by 2.2 percent to 648 million. Receipts from the main countries

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  9. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    below target. In particular, VAT revenues were up 0.3 percent in April and down 2.4 percent..., the 4-month balance showed a surplus of 704 million, mainly owed to exceptionally high PIB revenues

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  10. Govt proposes property VAT reduction to kickstart home sales

    EconomyFeatures

    The government is taking measures to reduce the VAT on all properties built from 2006 onwards... homes onto the market without a VAT of 24 percent for the next three years. The announcement... the measures on VAT, the new government promoted a business-friendly image from the moment they launched

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