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Budget primary deficit at 1.47 bln euros in Jan, revenue shortfall hits 812 mln

Mon, 15 Feb 2021 12:44:00 GMT

billion euros. Net revenues came to 3.85 billion euros, below target by 812 million euros... a deficit of 782 million euros for the month.

Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle

Fri, 26 Feb 2021 10:37:00 GMT

. Net revenues came to 3.85 billion euros, below target by 812 million euros. The monthly primary... by 9 million euros. Broken down by category, VAT was below its target by 95 million euros, or 5.9 percent, of which 36 million euros was from VAT on petroleum products. That represented a gap of 27.5

Down but not out: Golden Dawn rears its head again

Mon, 25 Nov 2013 11:22:00 GMT

as spring boards – a model seen at work in Antwerp, the base of Belgium's far right Vlaams Belang

Rise in overdue contributions slows to 310 mln in Q3, total at 16.9 bln

Tue, 25 Oct 2016 07:39:00 GMT

The rise in unpaid social security contributions (SSCs) slowed quarter on quarter (QoQ) to 310 million euros in Q3 of 2016, from 831 million in Q2. The outstanding amount reaching 16.92 billion, the quarterly bulletin of the single SSC collection centre (KEAO) displayed on Monday. The increase

VAT gap remains high as non-compliance overtakes revenue rise

Mon, 09 Sep 2019 09:09:00 GMT

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. Instead, non-compliance with VAT grew to effectively outstrip the increase in tax revenue. The VAT gap is a measure of VAT

VAT revenues up in 2016 but rate hikes fail to close gap of 29 pct

Mon, 24 Sep 2018 09:06:00 GMT

The European Commission's VAT Gap report has revealed that high rates of VAT in Greece appear... of the European Union countries surveyed, Greece fared among the worst in terms of its VAT shortfall, at 29.2 percent or 5.9 billion euros. The figures are based on data from 2016. The VAT gap is a measure

VAT gap of 30.1 pct in 2018 keeps Greece among worst performers in EU

Mon, 14 Sep 2020 09:30:00 GMT

The European Commission's VAT Gap report has revealed that the European Union lost an estimated 140 billion euros in Value-Added Tax (VAT) revenues in 2018, equal to a total revenue loss of 11 percent across the EU, with Greece ranking among the worst performers. The VAT gap is a measure of VAT

EC study: VAT gap in Greece at 34 pct, more than double the EU average

Fri, 04 Sep 2015 13:19:00 GMT

The European Commission published a study on Friday that examines the evolution of the VAT gap across the EU according to the latest available data for 2013. The VAT gap is defined as the difference between the amount of VAT that is actually collected and the estimated VAT amount

What this week's VAT changes mean for household budgets and public coffers

Fri, 17 Jul 2015 09:55:00 GMT

included a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while.... Although VAT rates remained broadly stable, the key changes relate to reshuffling of products and services among the three VAT categories. The super-reduced rate includes only pharmaceuticals, books

Greek VAT gap narrowed 22.4 pct to 4.9 bln in 2014, EC report shows

Wed, 07 Sep 2016 06:45:00 GMT

The European Commission (EC) published a report on Tuesday examining the evolution of the VAT gap in EU countries based on the most recent data available, from 2014. The VAT gap is a measure of VAT compliance and it is defined as the difference between the amount of the collected VAT revenues