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With tax-free threshold set for change, income declarations underline need for rethink
EconomyProgrammewas legislated last May and applies to personal incomes in 2016. According to reports, the government has..., assuming that their declared income remains stable. The IMF has recently noted that if Greece aligns.... The government has counter-proposed a reduction of 15 percent in the single property tax (ENFIA), a cut by 2 pp
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SYRIZA holds fire as Eurogroup expectations continue to be lowered
PoliticsGreek Politicsthat there has been any significant change in Athens’s position ahead of the June 15 Eurogroup... of a precautionary credit line (which the government has not discussed publicly), the IMF.... Prior actions In the meantime, Athens still has some prior actions to complete before June 15
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Skopje first stop for Kotzias in effort to settle Balkan issues
PoliticsForeign Policygovernment has set as a target to have some kind of progress in the NATO process before... a stable government in the country. Additionally, it has not gone unnoticed in Athens that the new... on the table one of the tricky matters for Greece, which is the Cham issue. Kotzias has repeatedly declared
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsand that Prime Minister Alexis Tsipras has asked his ministers to act as quickly as they can..., the government has targeted the December 4 Eurogroup for the completion of the review, which... Merkel teaming up with the FDP liberals to form a governing coalition. The FDP has adopted a tougher
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IMF still sees fiscal gap in 2018 - no action needed, for now
EconomyProgrammeforecast for 2017 which has been revised downward from the 2.1 percent July estimate. On the fiscal... as part the draft budget for 2018. Differences with Europeans The IMF has more conservative... into its debt sustainability analysis. As the eurozone has always been reluctant to revise programme
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Coalition picks out positives from lenders' deal, clashes over political violence
PoliticsGreek Politicsfor voters. He also pointed out that the government has secured the right for collective bargaining..., meanwhile, has repeatedly criticised the government since last week for allowing Former Yugoslav.... The conservatives believe that this has expansionist connotations, linked to the Ilinden uprising
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SYRIZA and ND go head-to-head over promises to lighten tax burden
PoliticsGreek Politicsunderlined that he has no intention of allowing any let-up in the pressure on Tsipras ahead of the name deal.... Should the “yes” vote win, the agreement then has to be ratified in the parliaments of both countries, which also promises to be an uncomfortable process for Tsipras as only centrist To Potami has
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Vote on tax bill due this week as ND pushes for adoption of first three draft laws
PoliticsGreek Politicslegislation that has received most attention as it paves the way for an immediate reduction... municipal elections. Most of the focus has been on the tax interventions, given that New Democracy’s... the lenders’ trust. New Democracy has made it clear it is not prepared to reduce the level, which
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Athens strives to bridge fiscal gap before unveiling 2020 draft budget
EconomyProgrammeEuropean Economic Affairs Commissioner Pierre Moscovici has given assurances ahead of his visit... recently, is a non-starter. The size of the fiscal gap that Athens has to bridge in the next two weeks... its position. The General Accounting Office now has a full picture of how revenues performed
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ND sees budget as evidence of pledges being kept, SYRIZA highlights flaws
PoliticsGreek Politicsintends to live up to the promises it has made to voters. The economic plan includes tax relief... similar proposals in the past. Nevertheless, for the time being the government has achieved its... has minimal impact on growth. SYRIZA also claims that the higher threshold for electronic
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