Gov’t proposes strict measures to complete program review

6 April 2016
621 Views

The economic team of the Greek government is expecting the answer of the institutions on whether the new measures proposed are sufficient or even more strict measures would be required.

The list of measures submitted to the institutions include new tax hikes in almost everything and reduction of tax-free threshold for those who earn more than 700 euros per month. Also, in an effort to avoid further salary cuts or layoffs in public sector, it has proposed not to make any hiring for the next two or three years.

According to information, the measures submitted by the Greek side include, reduction in tax-free threshold, increase in tax rate on farmers’ income at 15% instead of 13%, tax hike in rental income, hikes in special fuel consumption fees, gabling games and mobile phone fees, excise tax hike on cigarettes, reduction in military expenditure by 400 million euros and imposing tax on bank checks.

You may be interested

BBC: The last speakers of Ancient Sparta
GREECE
shares37 views
GREECE
shares37 views

BBC: The last speakers of Ancient Sparta

Panos - Feb 26, 2021

As you enter the mountainous village of Pera Melana in Greece’s southern Peloponnese peninsula, you’re likely to hear the roar of…

Coronavirus Greece: 1,784 new cases, 367 intubated, 39 deaths
GREECE
shares55 views
GREECE
shares55 views

Coronavirus Greece: 1,784 new cases, 367 intubated, 39 deaths

Panos - Feb 26, 2021

Greece announced today that the new laboratory confirmed cases of the disease recorded in the last 24 hours are 1,784, of…

60% of Greeks say they feel worse due to Covid-19 lockdown
GREECE
shares46 views
GREECE
shares46 views

60% of Greeks say they feel worse due to Covid-19 lockdown

Panos - Feb 26, 2021

Greeks say their daily lives have become worse after a year of experiencing the Covid-19 lockdown measures. A survey conducted by Focus…

Leave a Comment

Your email address will not be published.