Fiscal issues top agenda as fourth post-MoU review gets underway
ND aims to show progress at Eurogroup but QE unattainable for now
Athens preparing to present budget plans to lenders after tax cut pledges
Brussels urges Athens to remain on reform path as fourth post-MoU review looms
Athens hopes lower bond yields strengthen case for reducing fiscal targets
Finance Ministry faces balancing act as it starts to draft 2020 budget
Staikouras strikes note of caution on fiscal space and tax cuts
Greece’s finance minister revealed in an interview with Kathimerini newspaper over the weekend that the range of tax relief measures the governing party had pledged in the election campaign will be subject to the available fiscal space in 2020, which needs to be discussed and agreed with the European creditors.
Christos Staikouras said that the only certain intervention for next year is the reduction of the tax rate on corporate profits to 24 percent, from 28 percent. He explained that following this year’s reduction in property tax, there is no room for any a...
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