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Taxes
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EconomyFeatures
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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PoliticsGreek Politics
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.
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PoliticsGreek Politics
Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive A number of alternative scenarios are doing the rounds regarding the scope and timing of the government’s eagerly-awaited tax package.
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PoliticsGreek Politics
ND lining up tax, development and labour legislation for autumn Although Greek Parliament is closed for its brief summer recess, there is still plenty of focus on the new government’s legislative plans, which are expected to be in full flow in the autumn.
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EconomyProgramme
Staikouras strikes note of caution on fiscal space and tax cuts Greece’s finance minister revealed in an interview with Kathimerini newspaper over the weekend that the range of tax relief measures the governing party had pledged in the election campaign will be subject to the available fiscal space in 2020, which needs to be discussed and agreed with the European creditors.
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PoliticsGreek Politics
ND moves on to next bill after first round of tax cuts approved Having secured a broad majority for its first tax bill on Tuesday, the government is moving swiftly ahead with its second draft law regarding the executive arm of the state as it seeks to take advantage of the brief period before Parliament’s summer recess.
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EconomyMacroeconomy
New overdue taxes rise continues to decelerate, total debt at 104.73 bln The month-on-month rise in Greece's new tax debt came to 473 million euros in June, data from the Independent Authority of Public Revenues (IAPR) has shown.
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PoliticsGreek Politics
ND sees first tax cuts as fair, hopes to build case for lower fiscal targets The first bill to be adopted by the new Greek government since it was elected on July 7 is due to be voted through Parliament on Tuesday, introducing reductions to the ENFIA property tax for millions of homeowners and thereby fulfilling one of New Democracy’s key pre-election pledges.
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PoliticsGreek Politics
Vote on tax bill due this week as ND pushes for adoption of first three draft laws The process of voting the government’s first three bills begins this week, starting with the draft legislation that has received most attention as it paves the way for an immediate reduction of the ENFIA property tax and the easing of terms for the 120-instalment scheme for unpaid taxes.
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PoliticsGreek Politics
New Democracy starts rolling out its first three bills The government has begun tabling the first draft laws it promised to pass through Parliament before the summer recess begins on August 10.