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Government is unlikely to overhaul Poland’s tax regime

Location:

POLAND

This continues the policy preference -- out of line with Poland’s peers -- for indirect taxes on goods and services, including a relatively high value-added tax (VAT) rate. The…

Polish VAT surge may subside from mid-2018

Location:

POLAND

Budget data for the first ten months show revenue from value-added tax (VAT) exceeding the forecast by 22%. That could help narrow Poland’s 'VAT gap' -- the difference between…

EU-UK compromise unlikely until UK politics changes

Location:

EU/UK

The scope of the bill -- which could enable London to remove the role of the Court of Justice of the EU (CJEU) and end the application of EU rules to value-added tax (VAT) and…

Greek debt deal will bring fresh elections soon

Location:

GREECE

The new programme will support recapitalisation of the banking system, allow orderly -- rather than fire-sale -- divestment of state-owned assets and promote liberalisation of the…

Budget will stabilise Portugal's minority government

Location:

PORTUGAL

The Portuguese government presented its 2017 budget to parliament on October 14. The EU agreed in August to waive fines over its excessive budget deficits, but Portugal remains…

Draft budget will increase Greek taxpayers' burden

Location:

GREECE

Clearing state arrears to the private sector depends on the quartet of international creditors' timely disbursement of financial assistance tranches. The finance ministry is in…

UK fiscal policy must tighten from election promises

Location:

UNITED KINGDOM

Parties' economic policy promises in the May 7 election.

Italy’s 2020 budget could have electoral consequences

Location:

ITALY

Italy's 2020 budget.

Ciolos will aim to tackle Romania's developmental lag

Location:

ROMANIA

The non-party government of former EU Commissioner Dacian Ciolos took office on November 17 after the Ponta government stood down. Much of the previous administration's budget…

Greek coalition will play politics at debt talks

Location:

GREECE

The government, with half an eye on a snap election, is determined not to accede to prolonged austerity without the trade-off of significant debt relief. Timing is all. The…