Gov’t proposes strict measures to complete program review
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 SpartaPanos - 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 deathsPanos - 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 lockdownPanos - 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…