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Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers
EconomyProgrammewith estimated revenues of 50 – 70 million euros for 2015. 6) Improvement of the VAT collection mechanism through... in the VAT rates, pension and labour market interventions as well as the settlement of non-performing
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgrammeof debate in an interview on Tuesday. It relates to the incremental revenues from VAT rate reform. Juncker said that additional VAT revenues should reach 1 percent of GDP, corresponding to 1.8 billion euros
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Tsipras keeps IMF waiting, turns focus to MPs and opposition
PoliticsGreek PoliticsKammenos. He insisted on Thursday that there would be no rise in VAT on Aegean islands as long as he... Minister Panos Kammenos. He insisted on Thursday that there would be no rise in VAT on Aegean islands
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Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Economy’ proposal for additional revenues of 1 percent of GDP from VAT reform and another 1 percent from pension cost savings. Although there could be a convergence with Greece on VAT, it is apparent
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Tsipras needs to sign a deal, but which one?
Agorain on VAT hikes, 88 percent said it should not raise VAT on electricity by 10 percentage points, 83
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Bank holiday to end but capital controls remain and some transactions forbidden
Economyan electronic money transfer. The ministry also noted via the legislative decree that the new VAT rates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September
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Draft bill sees millions in savings and revenues from variety of bailout interventions
EconomyProgrammereduction of 170 million euros (70.8 million for 2015) from lowering the VAT rate on beef from 23 to 13... by the imposition of a VAT rate of 23 percent on tuition fees for private schools (excluding kindergartens), which
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Potami and PASOK look for next roles following contrasting poll results
PoliticsGreek Politicsgovernment. It criticised the Finance Ministry on Tuesday for a decision to raise VAT on six islands. The socialist party stressed that the reduced VAT rates on Aegean islands were a measure it had
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Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead
EconomyMacroeconomy) Revenues (3.99 billion – 62.5 percent of total) 1) VAT rate streamlining including abolition of the 30 percent discount in VAT on islands (2.2 billion) 2) Increase in the solidarity levy rates (390
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Parliament's budget office sees risks and rewards in third bailout
EconomyMacroeconomythe implementation of the memorandum of understanding (MoU) such as VAT on private education, the management of bad... but includes several “horizontal” measures, such as the increase the VAT rates, which intensify
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