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Bill aims to encourage more electronic transactions in Greece
EconomyMacroeconomybut exclusively via electronic payments. For individual taxpayers to secure their tax credit of 1,900 euros... with a rate of 22 percent. Moreover, the tax credit on medical expenses will be provided from 2017..., the government and the institutions appear to have agreed on the abolition of tax credit for medical
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Capital controls trigger big rise in card use and VAT revenues, Bank of Greece data shows
EconomyMacroeconomyThe significant increase in the use of debit and credit cards after the imposition of capital... withdrawals and the consequent increase in the use of debit and credit cards may have reduced tax evasion... the launch of strong initiatives for the use of credit or debit cards. These include tax breaks
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeof the personal income tax credit for medical expenses (121 million), scrapping of the tax credit of 1.5... percent of GDP in 2019 to be met. Specifically, the tax credit is due to be reduced by 650 euros for all
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Details of technical agreement between Greece and lenders set out in draft sMoU
EconomyProgrammethe elimination of the personal income tax credit for medical expenses (121 million) and scrapping the tax credit of 1.5 percent on tax withheld from salaries and pensions (68 million). Pre-legislated package..., the PIT reform involves a reduction in the tax credit by 650 euros for all individual taxpayers
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In absence of bond issue, coalition ponders next moves
PoliticsGreek Politicsfrom the markets at sustainable rates and exit the bailout without the need for a credit line or any... an expected upgrade of Greece’s credit rating on Friday. Towards the end of June, Moody’s upgraded Greece’s credit rating by one notch to ‘Caa2’ from ‘Caa3’ and changed its outlook from stable to positive
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Tsakalotos stands ground on taxes, finalises social dividend plan
PoliticsGreek Politicsto have 12-15 billion euros set aside to back up its position. Credit line Earlier, government... in with the government’s hope of exiting the third MoU without the need for any kind of credit line... or enhanced credit line for Greece from next summer. He said that Athens and the creditors would have
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BoG sees recovery strengthening, proposes post-MoU safety net
Economy, higher investments from improved credit conditions, sentiment and privatisations while exports... the benefits of the waiver until Greece regains investment credit rating. A precautionary credit line
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Amid exit speculation, growth strategy offers chance for coalition to show intentions
PoliticsGreek Politicsthe MoU rather than relying on a precautionary credit line. “There is no need to predict whether we will succeed without a credit line or not,” Deputy Economy Minister Stergios Pitsiorlas told... Evangelos Venizelos insisted that Greece should ask for a precautionary credit line even though he
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Green light for next bailout funds as Commission stands ground on post-MoU scenarios
EconomyProgrammeview that a precautionary credit line would not be needed if Greece builds up a cash buffer... of reverting to a credit line exists. The comments were welcomed by the government in Athens, which insists that the prominent debate about the precautionary credit line within Greece over the last few
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Whether an "early" or "clean" exit, it's the same old story for Greece
Agoraabout whether a precautionary credit line is needed or the fact that demanding fiscal targets... the idea of an enhanced conditions credit line (ECCL). The Greek public was also unimpressed as it had... whether a safety net was needed in the form of a precautionary credit line, even if it is just
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