Gov't lowers tax-free threshold, prepares for third pillar of measures worth 1 pct of GDP

EconomyProgramme

The bill on pension and income tax reforms voted by all 153 coalition MPs on Sunday evening included a couple of amendments to the initial draft bill tabled in Parliament on April 19.

The first and most important relates to the tax-free threshold, which was initially lowered to 9,090 euros from its previous level of 9,545 euros. The Finance Minister Euclid Tsakalotos had stressed upon the tabling of the draft bill that the government...

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