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Merkel reluctant to discuss targets as Athens prepares bill with wide-ranging tax cuts
The new Greek government is planning to move ahead with the tax cuts promised by New Democracy during the election campaign and is aiming to table a bill before the end of July that will set out the reductions over the next three years.
Athens does not seem deterred by the reservations expressed this week by European officials regarding the possibility of Greece’s primary surplus target being reduced from 3.5 percent of GDP in the coming years. On Wednesday, German Chancellor Angela Me...
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