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Taxes
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Athens prepares to send draft budget to Brussels, lines up next tax measures
The government is hoping to wrap up on Monday the budget negotiations it has been having over the last few weeks with the European institutions so next year’s draft economic plan can be submitted to the European Commission on Tuesday.
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Rate of increase in overdue taxes drops in Aug as total passes 105 bln
The month-on-month rise in Greece's new tax debt came to 753 million euros in August, data from the Independent Authority for Public Revenue (IAPR) has shown.
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Greece’s finance ministry tabled to Parliament the draft budget for next year in which Greek authorities see substantially accelerated growth while honouring the target agreed with official creditors of 3.5 percent of GDP primary surplus.
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Fiscal issues dominate talks as fourth post-programme review ensues
The first round of discussions between the Greek authorities and the institutions was held on Monday and appears to have yielded the first areas of common ground, and revealed areas that have some way to go still.
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Government looks to review visit for nod on tax package
The scheduled visit by the institutions for the fourth post-MoU review will wrap up on Wednesday after three days of meetings between finance ministry officials and the heads of the institutions.
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Fiscal issues top agenda as fourth post-MoU review gets underway
The fourth post-programme review is due to begin in Athens on Monday, with fiscal issues expected to top the agenda as the government prepared to include the tax cuts announced by Prime Minister Kyriakos Mitsotakis in the 2020 draft budget.
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Athens preparing to present budget plans to lenders after tax cut pledges
Finance Minister Christos Staikouras is preparing to provide his eurozone counterparts with more details on Friday about the government’s fiscal plans, as set out by Prime Minister Kyriakos Mitsotakis at the Thessaloniki Expo over the weekend.
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New overdue tax debt comes to 104.8 bln in July, number of debtors jumps
The month-on-month rise in Greece's new tax debt came to 320 million euros in July, data from the Independent Authority of Public Revenues (IAPR) has shown.
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VAT gap remains high as non-compliance overtakes revenue rise
The European Commission's VAT Gap report has revealed that tax revenues in Greece increased in 2017, but this did not close the gap between expected and actual VAT revenues.
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Tax cuts spearhead Mitsotakis's message in Thessaloniki
Claiming that Greece is “turning a page” and that the positive impact from the change in government is already visible, Prime Minister Kyriakos Mitsotakis announced a range of tax cuts at the Thessaloniki Expo on Saturday and insisted that New Democracy will take the steps needed to boost investment and growth.