Calamos Supports Greece
GreekReporter.comGreek NewsEconomyGreek Negotiations Resume Tuesday to Discuss VAT and Pensions

Greek Negotiations Resume Tuesday to Discuss VAT and Pensions

ad1ddf93f678efdebbc36749e4b8a872_LNegotiations between Greece and the Brussels Group will resume on Tuesday with value added tax and pension reforms as the main topics.
The Greek team will propose three VAT rates of 23%, 14% and 7%. Creditors, on the other hand, suggest two rates at 10% and 23%.
Athens proposes 7% VAT on food staples, medicine and books, 14% on food, utility bills and clothing, and 23% on cars, alcohol, tobacco and electronics. It is estimated that the changes would increase tax revenues between 500 million euros to one billion, thereby closing a big part of the 2015 fiscal gap.
Regarding pension reforms, the Greek team will propose the abolition of early retirement but will refuse any cuts in supplementary pensions that pertain to about 200,000 pensioners.

See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!



Related Posts