Bailout talks inch forward as Juncker comments complicate matters

PoliticsGreek Politics
Photo via @JunckerEU
Photo via @JunckerEU

Wednesday brought Greece and its lenders closer together in terms of the measures that will be adopted to conclude the bailout review but doubts about how remaining key differences will be bridged were exacerbated by comments from European Commission Jean-Claude Juncker that appeared to support Athens’s position.

The convergence came on the issue of indirect taxes, with the coalition and the institutions agreeing on an increase in the top-rate of VAT only, from 23 percent to 24 percent. The increase in VAT is part of the package of indirect tax measures, along w...

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