Government aims to solve pending issues within the next three days

5 November 2015
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The government will probably announce its decisions on those entitled a heating oil allowance on Friday along with changes in vehicles’ circulation fees.
Meanwhile, the government is also examining the replacement of the 23 percent VAT on education with higher taxes in OPAP’s KINO game. This measure will be discussed in a teleconference between the government’s economic staff with the institutions.

The government’s aim is to solve all pending issues over the next three days so that Monday’s Eurogroup to give the green light for the disbursement of the 2 billion euro tranche.

Regarding the VAT on KINO, it is estimated that it can bring revenues of 500 million euros counterbalancing the estimated revenues from the imposition of a 23 percent tax on education.

Changes in vehicles’ circulation fees will include lower fees for cars older than 10 years and higher fees for diesel and hybrid cars.

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