Greece increases VAT rate by 2% to 21%

Wed 3rd Mar 2010

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 %