MacroPolis

Mitsotakis sets out economic goals for 2020 as govt vies for extra fiscal space

Speaking to business leaders on Monday, Prime Minister Kyriakos Mitsotakis set out his government’s economic priorities for the year, reiterating New Democracy’s determination to create more fiscal space for tax cuts, a move that will also depend on the acquiescence of Greece’s lenders.

New tax debt at 6.95 bln to Nov, down by 28.2 pct YoY

The month-on-month rise in Greece's new tax debt came to 737 million euros in November, data from the Independent Authority of Public Revenues (IAPR) has shown.

ND mulls next tax cuts as it prepares to unveil new electoral law

The year ends with the government considering how it will use any available fiscal space in 2020 to reduce taxes further.

Mitsotakis pledges more tax cuts in 2020 amid police violence claims

Wednesday night’s vote on the 2020 budget, which saw the economic plan approved by just the 158 New Democracy MPs, was dominated by Prime Minister Kyriakos Mitsotakis announcing further tax cuts for 2020.

IMF paper suggests shadow economy still thriving

A working paper from the International Monetary Fund (IMF) on the shadow economy of Europe has shown that the phenomenon continues to persist in the Greek economy.

Ankara tension tops govt agenda, overshadowing social dividend and primary residences

Diplomatic issues are expected to continue to be at the top of the government’s agenda this week after it wrapped up on Friday the latest tax legislation and announced the details of this year’s social dividend.

Government opts for modest tax relief, but who will benefit?

By: Georgia Nakou

The government tabled its much-anticipated tax relief package in Parliament on Tuesday night, making good on some of its pre-election pledges.

Amid hiring controversy, ND focusses on new round of tax cuts in latest bill

The government has submitted its second tax bill to Parliament, paving the way for income, corporate and dividends tax to be reduced, giving New Democracy some relief from a public sector hirings controversy.

Budget for 2020 eyes faster growth while balancing tax cuts with more revenues

Following the nod of approval from the European Commission (EC) earlier in the week, the Finance Ministry tabled on Thursday the final budget to Parliament, essentially unchanged from the draft version of early October.

PM to oversee tweaks to tax bill as constitutional revision enters final round

After a tense few days around Sunday’s commemorative protest march in Athens, the government is turning its attention back to Parliament, where the latest tax bill and the final stage of the constitutional revision are at the top of the political agenda.