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A breakdown of the 5.4 bln in measures that form basis of agreement between Greece and creditors
EconomyProgrammeeuros. The key area of disagreement with institutions lies with the tax-free threshold. The government included in the draft bill a lowering of this threshold from 9,545 to 9,091 euros. This would mean... for the tax-free threshold linking it to the family status of the taxpayer. This means the amount of 9,091
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During crisis, proportion of Greeks in extreme poverty has risen almost seven times to 15 pct
Societylived below the destitution threshold in 2015. Moving away from what it described as an “artificial” definition of poverty that sets the threshold at 60 percent of the median income of citizens... estimated the extreme poverty threshold ranges from 182 euros per month for a one-person privately
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Tsipras tweaks message as chance of review compromise emerges
PoliticsGreek Politics-free threshold for personal incomes in order to clinch an agreement with the creditors. It appears.... The reduction in the threshold would have to be legislated straight away, although it is not yet clear... threshold would be reduced regardless of the fiscal performance, perhaps with the proviso
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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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