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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicsof corporate tax from 24 to 22 pct from January 2022 at a cost of 183 million euros; reduction of VAT... the impact inflation will have on household budgets. The steps include: Extending reduced VAT rates
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomy, to 28.72 billion euros. Various VAT, consumption and income taxes categories outperformed up to the August period with VAT on other products and services, taxes on other goods and personal income tax
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Surprise handout announcement provokes storm of criticism from opposition
PoliticsGreek Politicsto Greece’s 24 pct VAT rate and gave the counter-example of Germany where VAT was cut to 16 pct
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Covid measures extended despite govt optimism, as inflation causes political tension
PoliticsGreek Politicswas considering VAT cuts on basic goods, after Finance Minister Christos Staïkouras warned that such a move could... is calling for an increase of the minimum wage to 800 euros, cuts to VAT on basic goods and excise
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Newsletter 324 - 21/01/2022
of living could be imminent. SYRIZA has already suggested that VAT on some goods should be lowered... that reducing VAT on bread alone would lead to around 150 million euros less flowing into public
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Newsletter 328 - 18/02/2022
of energy products should push up revenues from VAT and special consumption taxes on those goods, as well as VAT intakes from other goods and services, which could set out the fiscal space needed to fund
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Faced with limited policy options, govt mulls inflation handout
PoliticsGreek Politicscountries, such as a cap on the rise in energy bills in France or the reduction in Spanish VAT... Athens to temporarily reduce VAT on some goods from 13 to 6 percent or to bring down the special
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Greece voices support for Ukraine as govt counts cost of war's impact on economy, public finances
PoliticsGreek Politicsof targeted VAT reductions in certain goods, although it remains against the prospect of a blanket... to the VAT rate for just certain basic goods being reduced temporarily, although such a move
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Newsletter 331 - 11/03/2022
to a year earlier. The policy mix proposed by SYRIZA includes cuts or freezes to fuel levies and VAT... because there were concerns that final prices would not reflect lower VAT rates and consumption taxes
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PM unveils 1.1-billion-euro anti-inflation package to opposition scepticism
PoliticsGreek Politicsrecent days, such as cuts to VAT and fuel levies, did not make the list. Overall, according... piecemeal and timid, and reiterated its calls for cuts to VAT and fuel duty, a cap on energy price
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