Glimmer of hope for efforts to negotiate over tax-free threshold, but not primary surplus

EconomyProgramme Tags: EC, Eurogroup, Taxes
Photo by MacroPolis
Photo by MacroPolis

The Greek government and the opposition have been given some encouragement in their goal to avoid the pre-legislated reduction of the tax-free threshold for incomes by European Commission vice president Valdis Dombrovskis.

The planned reduction would see someone who is currently on the minimum wage and earning 9,100 euros a year pay 730 euros in income tax in 2020 compared to nothing this year. The change would also eat into the extra income that employees gained through ...

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