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  1. Energy propels 3.3 pct YoY drop in import prices in Nov
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyMacroeconomy

    Greece’s import price index stayed in contraction in November, with a drop of 3.3 percent year-on-year (YoY), after a 2.4 percent decrease in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. The index peaked in April 2022 with a 39.1

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  2. Car sales drop 4.6 pct YoY in Apr, up 3.3 pct in 4M
    Photo by MacroPolis

    EconomyMacroeconomy

    months of 2026, road motor cars rose by 3.3 percent annually. Passenger cars were up by 2.1 percent

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  3. Government tables 2016 budget, upgrades GDP forecasts but leaves fiscal estimates unchanged
    Photo by MacroPolis

    EconomyMacroeconomy

    . The rebound next year largely stems from higher VAT revenue growth (+6.1 percent), while consumption... stem from the VAT streamlining, increase in the corporate tax rate and the advance tax payment for self... in the 2-year period. On the revenue front, the key interventions involve: VAT streamlining

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  4. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Interest payments for the aggregate period came to 3.3 billion euros, above target by 97 million... Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

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  5. Greek deflation decelerates to 1.5 pct due to VAT rate hikes
    Photo by MacroPolis

    EconomyMacroeconomy

    in August is primarily attributed to the increase in the VAT rates applied as of July 20. ELSTAT had noted... the implications from the VAT rate streamlining will be included in the August CPI, except some.... On a monthly basis, CPI fell by 0.4 percent month on month (MoM) as the impact from the VAT rate

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  6. 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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  7. Greece relies on labour, VAT and green taxes more than any EU member
    Photo by EC - Audiovisual Service

    EconomyFeatures

    . Consumption taxes, particularly Value Added Tax (VAT), also play a disproportionately large role in the Greek budget. Since 2014, Greece has seen the largest increase in the share of VAT within its tax... has moved to reduce VAT for housing as part of recent reform packages. Digitisation Greece

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  8. Newsletter 17 - 27/02/2015

    Newsletters

    , three ministers gave three different messages about what the government plans to do with VAT.... These included reforms for pensions, VAT, opening up closed sectors, privatisations and the labour market... for the settlement of non-performing loans. Also, the various sides have not yet sat down to discuss the complex

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  9. Greece: The gathering storm
    Photo by Harry van Versendaal

    Agora

    plans to do with VAT. On the same day, Finance Minister Yanis Varoufakis suggested that Greece would... in enough detail. These included reforms for pensions, VAT, opening up closed sectors... taxes and plans for the settlement of non-performing loans. Also, the various sides have not yet sat

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  10. Lenders highlight risks of 'short-term popular' measures unveiled by government
    Photo by MacroPolis

    EconomyProgramme

    measures announced by the Greek government this week, including a reduction to VAT rates and a bonus... to support deeper structural reforms.” Dolman argued that narrowing the VAT base and cancelling next... sustainability analyses.” On Thursday, the head of the International Monetary Fund’s mission to Greece, Peter

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