VAT

The Greek government has covered half the distance on the issue of primary surpluses and expects the institutions to meet it half way, government sources said on Tuesday, adding that Athens has proposed a primary surplus of 0.75% for...

The Greek government is examining changes in its proposals on VAT in an effort to find a commonly-accepted formula with the country's creditors. Speaking to ANA-MPA, government officials said that these changes would not lead to revenues of 1.8 billion...

The Greek government made public the outline of the proposal to international creditors, including some concessions, with the belief that it is a realistic plan that would solve the debt problem and lead to economic growth. The eight points of...

Several of the measures proposed by creditors in order to achieve an agreement belong to the "red lines," thereby they were rejected by Greek Prime Minister Alexis Tsipras in the early morning hours on Thursday in Brussels. "Greece cannot consider further...

The special VAT rate on Greek islands was never a red line, SYRIZA parliamentary spokesman Nikos Filis told Greek television on Wednesday. "I don't believe that it is one of the most difficult decisions, although I know that it will have...

"Deal exists," stated Greek Economy Minister Giorgos Stathakis in an interview to Italian newspaper Corriere della Sera, clarifying that he foresees that "the deal will close within a few days" and a "Eurogroup to approve financing will follow." Answering a...

There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday. According to the source, there were only "very few elements...

SYRIZA radicals reacted to a comment made by European Commission President Jean-Claude Juncker, who said he believes that SYRIZA is not a "normal party." Juncker said that he trusts Greek Prime Minister Alexis Tsipras because he is becoming "increasingly responsible" but...

The Greek government appears optimistic over the agreement with creditors as it is ready to present a list of reforms that will include concessions on thorny issues. Despite the fact that several reports quote European officials saying that a deal with...

Negotiations between Greece and the Brussels Group will resume on Tuesday with value added tax and pension reforms as the main topics. The Greek team will propose three VAT rates of 23%, 14% and 7%. Creditors, on the other hand, suggest...