Greece submits proposals to lenders in hope of paving way for agreement

EconomyProgramme

The Greek government sent to the institutions on Thursday evening its final proposal including prior actions that will complement the request for a new 3-year programme from the European Stability Mechanism (ESM).

In line with the institutions’ proposal, real estate property tax (ENFIA) will be maintained in 2015 and 2016 with targeted revenues at 2.65 billion per annum. Any revision of the zonal property values will be accompanied by an adjustment of the tax rat...

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