Greece increases VAT rate by 2% to 21%
- 2 March 2010 | Richard Asquith
As part of a series of measures to manage balloning state debt prices and the falling Euro, Greece has announced that it will increase its standard Greek VAT rate from 19% to 21% from 15th March.
The new rates are as follows:
- 19 % to 21 %
- 4.5 % to 5 %
- 9% to 10 %