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  1. General govt primary deficit at 3.87 bln in March; spending soars
    Photo by Damian Mac Con Uladh

    EconomyMacroeconomy

    compared with a year earlier, followed by transfers, which were 277 million euros lower. Taxes

    24%

  2. Vaccination scheme gaps identified as Greece prepares to discard masks
    Photo via https://flic.kr/p/2ixuThi

    PoliticsGreek Politics

    patients has edged down to 277. Draft laws Away from the coronavirus, Wednesday’s political agenda

    24%

  3. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank posted a net profit of 721 million euros in 9M 2023, with Q3 2023 profit at 279 million euros, from 331 million euros in 9M 2022. Normalised operating profit was 577 million euros in, with 277 million euros in Q3, from 729 million in 9M 2022. Asset quality The NPE ratio dropped to 5.5

    24%

  4. Newsletter 454 - 07/03/2025

    Newsletters

    for interfering with the scene of the crash. The motion was carried with 277 votes in favour, 12 against and 4

    24%

  5. Newsletter 325 - 28/01/2022

    Newsletters

    recovery observed in 2021. The rise in energy prices also saw higher intakes in VAT and special consumption... little room for talk of reducing VAT rates in response to the recent wave of inflation. Combined... sector incomes, at 799 million euros; and some reduced VAT rates for a total tax reduction of 2

    23%

  6. Newsletter 367 - 27/01/2023

    Newsletters

    to 28.49 billion euros, led by VAT income of 18.76 billion euros and special consumption taxes of 7.07... prices, and therefore higher indirect taxes, because of the cost-of-living crisis. VAT intakes... the government to reconsider VAT rates for basic goods as it will help the most vulnerable households, while

    23%

  7. Greek elections: Just the (decisive) details to be settled
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    by unveiling a package of tax reductions (focussed on VAT this year), lump-sum payments... less than 500 euros a month will receive the full amount. Also, the VAT changes this year will see food... will apply to the food service sector, while VAT on energy bills will be reduce from 13 to 6 percent

    23%

  8. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    also notes that VAT revenues to GDP stayed almost stable at 7.1 percent in 2012, slightly above... percent in 2012 remaining above the OECD average of 19.5 percent. Greece’s standard VAT rate of 23...) among eurozone countries. The report acknowledges that the average standard VAT rate of the 21 OECD EU

    22%

  9. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    respectively. VAT revenues, in particular, increased by a mere 11 million to 13.63 billion euros in 2015. There is a lot of discussion about the effectiveness of the VAT reshuffling implemented in 2015, when the VAT rate on a large number of goods and services increased from 13 to 23 percent in July coupled

    21%

  10. Tsipras upbeat about funding deal but also mulls referendum in case of impasse
    Photo via Flickr

    PoliticsGreek Politics

    Athens feels it cannot back down. On the issue of VAT hikes, for instance, he defended the discount... is against the idea of raising VAT on other products or services because it would affect all Greeks... regarding an agreement with lenders in the next couple of weeks but said that he would consider holding

    19%