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Greece, lenders tie up some loose ends and continue negotiating
EconomyProgramme, it remains unclear at the moment if the two sides agreed on the threshold for overdue debt (20,000... discussions. However, the thorniest issues including, pension, tax-free threshold and labour market... a sharp reduction in the tax-free threshold and cuts in main pension yielding savings of 1 percent
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Newsletter 209 -07/06/2019
on Friday that will cancel the reduction of the tax-free threshold for incomes that had been lined up... responded by saying that they have also made it clear they do not intend to drop the threshold... for scrapping the tax reform before the European Parliament elections. The change to the threshold would
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Greece and lenders hold inconclusive talks on tax and pensions
EconomyProgrammethe two sides. On the tax front, the institutions insist the current tax-free threshold of 9,550 euros... with income above that threshold, including those who were previously untaxed. The first tax rate... adjusted to 22,000 euros. This would mean that all those with declared income above that threshold would
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Newsletter 71 - 22/04/2016
Primary surplus of 0.7% of GDP Negotiations have yet to bridge differences on tax-free threshold... to the tax-free threshold, with the government setting it at 9,090 euros. However, the IMF is sticking to higher cut to 8,182 euros, while the European Commission has proposed the tax-free threshold
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Athens hopes concessions can secure review breakthrough
PoliticsGreek Politicsand concessions on the tax-free threshold and pensions in order to conclude the review, Finance... more years, the government is willing to cross its red lines over the tax-free threshold for incomes... that if fiscal targets are not met in 2019 and 2020, there will be a reduction in the tax-free threshold
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Newsletter 108 - 24/02/2017
in the difficult position of having to explain why it is going to lower the tax-free threshold... of the fiscal measures that will offset the impact of the reductions to the tax-free threshold.... The institutions had requested this threshold be set at 50,000 euros. For debt restructuring to be approved
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Greece and creditors dive into details of measures and counter-measures
EconomyProgrammein the tax-free threshold and pension cuts. The reduction in the tax-free threshold (probably to 5,900... threshold and would like the cut in pensions to be implemented gradually until 2025. Finance Ministry... salaried work, the threshold and timing of overdue obligations that will be included in the mechanism
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Review talks focus on out-of-court workout, jobs scheme and energy market
EconomyProgrammeopen is the threshold of overdue obligations that will be included in the mechanism. The government has set this limit at 20,000 euros, while the institutions prefer a much higher threshold of 50,000... on the debt threshold but also on the other pending issues, such as the timing of overdue obligations
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammethereafter to 14.7 percent in 2030, surpassing the 20-percent threshold after 2045 and reaching 20.8..., reaching 139 percent of GDP in 2060, while the GFN ratio exceeds the 20-percent threshold in 2037... ratio exceeds the 20-percent threshold in 2033 and surges to 56 percent in 2060. Scenario D A more
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SYRIZA looks towards bailout finishing line and beyond
PoliticsGreek Politicsis the pension cuts and the lowering of the tax-free threshold, which were voted through Parliament..., with the reductions to pensions due in 2019 and the lowering of the tax-free threshold lined up... The IMF has even suggested that the reduction to the tax-free threshold should be moved forward
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