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Taxes
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EconomyProgramme
Finance Ministry faces balancing act as it starts to draft 2020 budget The Finance Ministry is getting down to the business of drafting the first version of the 2020 budget, which will have to achieve the key economic goals pledged by New Democracy but also satisfy Greece’s lenders.
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PoliticsGreek Politics
ND prepares first three bills for votes before Parliament's summer recess The formality of Monday night’s confidence vote in Parliament is out of the way and the government can now focus on the three bills it wants to pass before August 10, as well as other key policies that will define its four-year term.
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EconomyProgramme
New Democracy tax pledges put spotlight on available fiscal space Following the announcement by Prime Minister Kyriakos Mitsotakis on Saturday of immediate tax cuts, with others to follow, focus is turning to the government’s ability to find the fiscal space necessary to implement the measures while also meeting the primary surplus target for this year and 2020.
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PoliticsGreek Politics
Mitsotakis promises 'new normality,' lines up tax cuts straight away Prime Minister Kyriakos Mitsotakis has set out his government’s priorities for the next four years, including the broad aim of establishing a new, post-crisis reality in Greece, but also with extensive reference to specific measures, with tax cuts leading the way.
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PoliticsGreek Politics
ND ready to flesh out its policy agenda, with focus on tax plans More details about the new Greek government’s intended policies are due to be revealed this weekend, with most of the focus on what steps New Democracy plans to take to fulfil its pledges on tax cuts.
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EconomyProgramme
New government holds first talks with creditors, may opt for cautious fiscal approach Greek government officials held introductory talks with the representatives of the institutions on Thursday as New Democracy fleshes out its plans to address key economic issues.
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EconomyProgramme
Lenders urge new government to meet fiscal targets as Athens issues 7-year bond Just a few days after coming to office, the new government is aiming to take advantage of the positive sentiment in the markets by tapping investors with a 7-year bond.
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EconomyMacroeconomy
New overdue taxes rise by 235 mln in May, total debt at 104.5 bln The month-on-month rise in Greece's new tax debt came to 235 million euros in May, data from the Independent Authority of Public Revenues (IAPR) has shown.
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PoliticsGreek Politics
Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts The new Greek government is planning to move ahead with the tax cuts promised by New Democracy during the election campaign and is aiming to table a bill before the end of July that will set out the reductions over the next three years.
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PoliticsGreek Politics
New team at Finance Ministry tasked with familiar old juggling act Finance minister was the toughest job in any government during the bailout years, but it’s also the toughest in Greece’s first new government after the end of the bailouts.