Eurogroup agrees on significant debt relief measures for Greece
Lenders set out post-MoU framework with aim of securing reforms
Fourth review nears conclusion, clearing path for debt relief agreement
Privatisation projects gather pace as Athens targets 2 bln in revenue for 2018
Multi-bill passed, sub-tranche released but debt relief expectations dwindling
Debt relief discussions continue as clock ticks down to June 21 Eurogroup
No let up ahead in terms of fiscal demands for new Greek government
Fiscal policy remains at the heart of Greece’s third economic adjustment programme. A series of fiscal measures were approved in the summer but a long list of pending interventions is among the key milestones for the first programme review.
In mid-July, the government legislated a VAT reform aiming to generate annual revenues of 1 percent of GDP. The basic VAT rate was set at 23 percent, a super-reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of ...
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