Gov’t proposes strict measures to complete program review

6 April 2016
670 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

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices
GREECE
shares36 views
GREECE
shares36 views

The first Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy by Aeroservices

Panos - May 07, 2021

The first upgraded Aegean Hawk S-70 helicopter was delivered to the Hellenic Navy today, Thursday 6 May. The work on…

Foreigners looking to buy Greek property amid Covid-19 pandemic
FINANCE
shares46 views
FINANCE
shares46 views

Foreigners looking to buy Greek property amid Covid-19 pandemic

Panos - May 07, 2021

Despite the pandemic, the demand for a permanent holiday home in selected destinations in Greece by foreigners is on the…

Greek Taxisnet services not available for citizens over weekend
FINANCE
shares42 views
FINANCE
shares42 views

Greek Taxisnet services not available for citizens over weekend

Panos - May 07, 2021

Online services on the Taxisnet platform system will not be available to taxpayers over the weekend due to scheduled upgrading.…

Leave a Comment

Your email address will not be published.