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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... 8,500-9,000 euros. Since the rate of the first tax bracket stands at 22 percent, a lower tax-free... have to pay an additional annual tax of 300 euros. We understand that the tax-free threshold
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Athens holds back proposal details ahead of Thursday's Eurogroup
PoliticsGreek Politicsand the lowering of the tax-free threshold for personal incomes, and an increase to middle VAT rate from... that the tax-free threshold is up for negotiation with the lenders. This appeared to run counter... the tax-free threshold is due to be reduced. This incident reflects the nervousness within
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Athens waits for Moscovici visit, eyes debt relief and lower volume of measures
PoliticsGreek Politicsfor a less drastic reduction in the tax-free threshold (the government would not want to drop it lower... admitted that the lowering of the tax-free threshold (one of the upfront measures demanded by the lenders...-free threshold and cuts to pension spending now, it will be able to take counter-balancing measures
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Eurogroup agrees return of mission to Athens but key issues unresolved
PoliticsGreek PoliticsCommissioner Pierre Moscovici, stressed that the measures under consideration (lowering tax-free threshold... that the early adoption of the reduction of the tax-free threshold and scrapping of the so-called personal... from within SYRIZA) for agreeing to legislate reductions to pensions and the tax-free threshold
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Effort begins to secure SYRIZA support for deal with institutions
PoliticsGreek Politicsthe impact of the reductions to the tax-free threshold and pensions demanded by the creditors are the best... that he would not vote for a reduction in the tax-free threshold. He hinted at this position again... opposition to bringing down the tax-free ceiling. He also claimed that collective dismissals would
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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.... The government aims to introduce a lower tax rate for the personal incomes below the current tax-free
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Greece agrees package of measures with IMF, eurozone to seal review
EconomyProgrammeas the pension cuts and reduction in the tax-free threshold yielding 1 percent of GDP each in 2019 and 2020... yielding 1 percent of GDP by lowering the tax-free threshold. This is due to be implemented in 2020... with three children. This means the tax-free threshold would be cut to 5,681 (from 8,636 currently
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NOME auctions: amendments to legal framework for electricity market liberalisation
Legalof the free access of suppliers in the Greek electricity market in compliance with EU rules. In particular... of the European Union (TFEU) establishing the free movement of goods and prohibiting quantitative... market and the application of the EU rules of free trade and prohibition of quantitative restrictions
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Council of Europe report warns over austerity-inflamed inequality in education
Societyremains restricted due to the finances of families. Free kindergarten places remain limited... education system. As the Commissioner’s report notes, state university places are free for Greek high... to school hungry and therefore with low levels of concentration. The provision of a free school meals
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SYRIZA lines up more relief measures to entice voters
PoliticsGreek Politicsopinion polls currently suggest. Tax-free treshold Similarly, the prime minister pledged in a TV interview this week that if re-elected, his government would not implement the reduction in the tax-free... Eurogroup. “Mr Tsipras has signed the reduction of the tax-free threshold, which we voted against
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