Greece, lenders tie up some loose ends and continue negotiating

EconomyProgramme Tags: Labour, Pensions, Reforms, Taxes
Photo by Panyiotis Tzamaros/Fosphotos
Photo by Panyiotis Tzamaros/Fosphotos

Further progress was made during meetings between the Greek government and the institutions’ mission chiefs on Wednesday, with Finance Ministry sources saying that the out-of-court workout issue has been settled.

Finance Ministry sources noted that haircut on overdue VAT may be applied in exceptional cases, while overdue contributions will be excluded from any haircut. In addition, the surcharges and penalties for overdue tax and contributions’ obligations will ...

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