Rise in import prices slow further to 15.7 pct YoY in Nov
Deposit outflow at 550 mln in Oct, led by a decline in corporates
Re-opening of benchmark bond fetches 200 mln at steep yield of 4.44 pct
In another cautious move, PDMA fetches 975 mln for 5 yrs at variable rate
S&P leaves Greece a notch away from investment grade as outlook blurs
Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
Revenues of 1 pct of GDP targeted from changes to income tax and solidarity levy
The government and the institutions have broadly agreed that circa 1 percentage of the anticipated fiscal gap of around 3 percent of GDP by 2018 would be covered by the overhaul of the tax system.
This would be brought about through a combination of broadening the tax base, which is favoured by Greece's lenders, and the “reasonable and fair tax increases for certain income brackets” which shifts the tax burden from the low to the higher incomes a...
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